Property score
77.9
Good
Overall 77.9 · Larger but older than most nearby homes
1,668 sqft (top 27%) · Built in 1947 (28 yrs older than avg)
Located in a high-income area with median household income of ~117k
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
Above average
16% larger than neighborhood avg.
Year Built
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 78%Chinese · 4%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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77.9 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: #46110997
$117K
Median household income
$144K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
16%
Single-person households
29%
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
525 River Road — 6 amenities found within 500 m, across 3 categories, including 2 education (nearest 428 m), 1 healthcare (nearest 486 m), 3 parks (nearest 221 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 | Bottom 33% | Bottom 32% | Bottom 49% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 30% | Bottom 25% | Bottom 45% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 525 River Road, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, location, and potential. Built in 1947, it is notably older than most homes in its immediate area and across Winnipeg, suggesting a classic character that may appeal to those who appreciate established neighbourhoods. Its true standout feature is the land: at over 13,000 square feet, the lot size is well above average for the street, elite city-wide (top 3%), and offers significant outdoor space rare in urban settings.
The living area of 1,668 sq ft is comfortably above the city average, providing ample room. Its assessed value is consistently around the median across all comparison levels, indicating a fairly priced property relative to its market. Recent sale history shows stable value in the $300k-$350k range. The appeal lies in this balance—a home with generous indoor and exceptional outdoor space on a mature lot, without a premium price tag. It would suit a buyer looking for a project-friendly older home with room to grow, garden, or entertain, who values lot size over modern construction and is prepared for the maintenance or updates a 79-year-old home may require.
Frequently Asked Questions
1. What does the "elite" lot size ranking actually mean?
It means this property's land area of 13,019 sq ft is larger than approximately 97% of all residential properties in Winnipeg, making this much private outdoor space very uncommon in the city.
2. The home is much older than neighbours. Is that a concern?
It's a key consideration. While it indicates potential for classic charm and mature landscaping, it also suggests that major systems (roof, plumbing, electrical) may be older or have been updated at different times. A thorough inspection is essential.
3. How stable has the property's value been?
Based on the available data, it sold within the $300k-$350k range in both 2018 and 2020, showing price stability over that period. Its current assessed value is consistent with that range.
4. The assessed value seems low compared to the city-wide average listed. Why?
The "$390k" figure shown is the average assessed value of the comparison group city-wide, not the average sale price. This property's own assessed value of $40.90k is a municipal assessment for tax purposes, not a market valuation. Market value is better indicated by the recent sale history.
5. Who would this property NOT be suited for?
It may not suit buyers seeking a modern, move-in-ready home without any renovation projects, or those who prefer a low-maintenance yard. The older age and larger lot inherently come with more upkeep.
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