Property score
71.3
Good
Overall 71.3 · Larger and newer than most nearby homes
1,613 sqft (top 30%) · Built in 1977 (2 yrs newer than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 school, 1 healthcare facility, and 3 shops nearby
Living Area
Above average
12% larger than neighborhood avg.
Year Built
Above average
2 yrs newer than neighborhood avg.
Mother tongue
English · 70%French · 7%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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71.3 is composed by the two sections below.
Property Score
Community Score
Minnetonka
How to read: Share of sales in each ~$50k price band for “minnetonka” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111003
$67K
Median household income
$77K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
25%
Single-person households
23%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
51 Riel Avenue — 24 amenities found within 500 m, across 8 categories, including 9 dining (nearest 153 m), 1 education (nearest 190 m), 1 healthcare (nearest 351 m).
Minnetonka · WPS public data · 2026
Annual incidents
16
2026
vs. city avg
-46%
relative to avg
Year-over-year
▼ -87%
vs. prior year
Primary type
Property
75%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 48% | Bottom 47% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This home at 51 Riel Avenue in Winnipeg's Minnetonka neighbourhood presents a compelling mix of space and value. Its key appeal lies in its above-average living area of 1,613 sq ft, which ranks in the top 9% of homes on its own street and the top 30% within the wider Minnetonka area. Built in 1977, it is also a relatively newer home for its immediate vicinity. The lot size is more modest compared to area averages, which often translates to less yard maintenance. The assessed value is positioned as around average for the city and neighbourhood, suggesting a property that is well-aligned with market norms rather than being an outlier.
This home would suit buyers looking for more interior space without a premium lot size, ideal for those who prioritize a spacious layout over extensive outdoor space. It’s a practical choice for first-time buyers or downsizers seeking a manageable property in an established area, where the home itself offers modern comforts relative to its older neighbours. The data suggests a property that offers solid value within its community context.
Frequently Asked Questions
How does the lot size compare, and what does that mean for me?
The land area is 5,622 sq ft, which is below the average for Minnetonka. This typically means a more manageable yard with less maintenance, but potentially less privacy or room for large additions like a deck or pool compared to some neighbours.
The home was last sold between 2021-2025. Why is the exact price not listed?
To ensure accuracy and comply with data regulations, exact sold prices are verified manually. You can request the precise history via email, and the service aims to provide it by the end of the same day without using your information for marketing.
What does its "above average" living area ranking actually indicate?
Ranking in the top 9% on its street for living area means this home offers significantly more interior space than most directly comparable properties nearby. This is a standout feature if you value roomier bedrooms, living areas, or storage.
Is the assessed value a reliable indicator of the listing or market price?
The assessed value is for municipal tax purposes. While it shows the home is positioned around the neighbourhood and city averages, the market price is determined by current conditions, recent upgrades, and buyer demand. It's a useful benchmark, not a sale price.
The home is newer than many on the street. What are the potential implications?
A 1977 build date is newer than the street average (1969). This can suggest updates to fundamental systems like wiring or plumbing compared to older homes, potentially meaning fewer immediate major renovations. However, the specific condition of this home would still need verification.
