Property score
92.4
Excellent
Overall 92.4 · Larger and newer than most nearby homes
2,882 sqft (top 2%) · Built in 2006 (31 yrs newer than avg)
Located in a high-income area with median household income of ~180k
Transit 58.0 · 8-min walk to transit with 1 nearby route · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 2 parks nearby
Living Area
Above average
100% larger than neighborhood avg.
Year Built
Above average
31 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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92.4 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
54 Riverhaven Grove — 6 amenities found within 500 m, across 4 categories, including 1 dining (nearest 415 m), 2 education (nearest 449 m), 1 healthcare (nearest 332 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 27% | Top 1% | Top 1% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
54 Riverhaven Grove is a spacious, modern family home in Winnipeg's Minnetonka neighbourhood. Built in 2006, it offers nearly 2,900 square feet of living space. The property stands out for its generous interior size compared to most homes in the city, while its lot size is more typical for the local area. It last sold in the 2021-2022 period.
The primary appeal of this home is its substantial and modern living space within a well-established neighbourhood. With 2,882 sqft, it ranks within the top 2% of homes in Minnetonka and the top 1% city-wide for interior size, offering significant room for a growing or multi-generational family. Built in 2006, it is one of the newer homes on its street, likely meaning fewer major maintenance concerns and modern building standards.
Its assessed value places it among the elite properties across the wider city and area, though it is more average when compared directly to its immediate neighbours on Riverhaven Grove. This suggests you are buying into a premium street where this home holds its own. The lot, at just over 7,300 sqft, is smaller than others on the same block but is still above the Winnipeg average, providing a manageable yard.
This property would best suit buyers who prioritize abundant, modern living space over an exceptionally large lot. It’s ideal for professionals or families seeking a move-in-ready home in a desirable area without the upkeep of a massive yard. The data indicates it offers a "best of both worlds" scenario: a top-tier interior footprint in a solid neighbourhood, without the premium lot size that often accompanies such homes.
1. How does the lot size impact the property's value and appeal?
While the lot is smaller than most on its specific street, it remains larger than the typical Winnipeg lot. This may appeal to buyers who want outdoor space but prefer less maintenance. The value is driven more by the home's size and modernity.
2. What does the assessed value tell us about the property's position in the market?
The assessment is elite compared to the entire city and Minnetonka area, confirming its high market tier. That it's average on its own street indicates Riverhaven Grove is a consistently high-value block, which is a positive for long-term stability.
3. The home sold recently in 2021. What should I consider?
As a relatively recent sale, any price appreciation since 2021 would reflect strong market trends in this desirable area. It also suggests the current owners have likely undertaken only short-term updates, so buyers should inquire about any improvements made in the last four years.
4. Is the "top 1%" living area a significant advantage?
Absolutely. This places the home's square footage in rare company city-wide. For the price point, it indicates you are getting more interior space than the vast majority of homes in Winnipeg, which is a major efficiency in cost per square foot.
5. Why is the year built (2006) an important factor?
A 2006 build date means the home is modern enough to avoid many costly issues found in older homes (like knob-and-tube wiring or aged plumbing), but it's also past the initial "shakedown" period where any construction defects would have surfaced. Major components like the roof and HVAC may be nearing their expected lifespan, so an inspection is wise.
