Property score
82.9
Excellent
Overall 82.9 · Newer than most nearby homes
1,580 sqft (top 31%) · Built in 1986 (11 yrs newer than avg)
Located in a high-income area with median household income of ~180k
Transit 76.0 · 1-min walk to transit with 1 nearby route · Within 500m: 2 schools, 1 healthcare facility, and 3 parks nearby
Living Area
Near average
10% larger than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 79%Chinese · 4%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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82.9 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: #46110998
$180K
Median household income
$220K
Average household income
7%
Low income (LIM-AT)
0.3
Income inequality (Gini)
4.8
P90 / P10 ratio
11%
Single-person households
42%
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
514 River Road — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 440 m), 1 healthcare (nearest 458 m), 3 parks (nearest 238 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 32% | Top 25% | Top 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 514 River Road, Winnipeg
Key Characteristics & Appeal
This home at 514 River Road in Minnetonka presents a practical and competitively positioned offering. Built in 1986, it is a newer construction compared to many homes on its street and across the city, which often translates to modern building standards and potentially fewer major age-related updates in the near term. With 1,580 sqft of living space, it provides ample room for a small family or couple, offering more space than the typical Winnipeg home while being reasonably aligned with the scale of others on River Road.
The property’s appeal lies in its balanced, data-driven profile. Its assessed value is consistent with the local area, suggesting it is priced fairly within the market rather than being an outlier. A thoughtful perspective is the lot size: at just under 5,900 sqft, it is smaller than most in Minnetonka. This could be a positive for buyers seeking lower maintenance outdoor space without sacrificing a city-average yard. The home last sold in the $450k-$500k range in 2023, indicating recent market validation.
This property would suit first-time buyers or downsizers looking for a move-in-ready home in a stable neighbourhood. It’s ideal for those who value a newer build date and efficient use of space over a sprawling lot. The numbers suggest it’s a solid, middle-of-the-market home for pragmatic buyers who prioritize a sensible investment over extravagant features.
Frequently Asked Questions
1. How does this home’s size compare to its neighbours?
At 1,580 sqft, the living area is slightly below the average for River Road but is actually above the average size for both the wider Minnetonka area and the city of Winnipeg as a whole. It offers a comfortable amount of space.
2. Is the lot size a disadvantage?
The lot is smaller than most in the immediate area. This means less yard maintenance, which can be a benefit. For city-wide comparison, the lot size is near the overall average, so it’s not unusually small in a broader context.
3. What does the 1986 build year mean for maintenance?
Built 40 years ago, this home is newer than many of its neighbours. While it will still require ongoing upkeep, key components like the roof, windows, and major systems may have been updated more recently than in homes built in the 1960s or 70s.
4. How is the assessed value determined, and what does it indicate?
The assessed value is used for calculating property taxes and is based on market trends and property characteristics. That this home’s assessment is “around average” for its street and area suggests it is not over-improved or under-improved relative to its location, which can be a sign of stability.
5. Where can I see more detailed comparisons with nearby homes?
You can use the provided link to open a neighbourhood map analysis. This tool allows you to visually compare this property with nearby houses based on year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
