Property score
55.8
Fair
Overall 55.8 · Smaller and older than most nearby homes
792 sqft (bottom 4%) · Built in 1947 (28 yrs older than avg)
Located in a high-income area with median household income of ~112k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
45% smaller than neighborhood avg.
Year Built
Below average
28 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 8%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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55.8 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: #46111001
$112K
Median household income
$157K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
18%
Single-person households
34%
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
55 Greendell Avenue — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 307 m), 2 education (nearest 348 m), 1 healthcare (nearest 438 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 32% | Bottom 49% | Top 41% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 55 Greendell Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous 11,462 sqft lot, which is notably larger than most properties in Minnetonka and ranks within the top 4% city-wide. This is the property's standout feature, offering significant outdoor space and potential. The dwelling itself is a modest 792 sqft bungalow built in 1947, with a living area well below local averages. Its assessed value is below average for the immediate area but aligns closer to the middle range across Winnipeg.
The primary appeal lies in the land itself. It suits a buyer with a vision for expansion, outdoor living, or gradual renovation, where the existing house serves as a foundation. It's also a practical entry point into homeownership for a budget-conscious buyer, handyperson, or an investor looking for a property where the land asset outweighs the current structure. The recent sale history (2021, in the $350k-$400k range) suggests it's a sought-after opportunity in its price bracket.
Frequently Asked Questions
1. Why is the living area so much smaller than nearby homes?
As a 1947 bungalow, the home reflects post-war housing styles which were often more compact. The data confirms its living area is significantly below the neighbourhood average, indicating it's one of the smaller original homes on the street.
2. What does the "Elite" ranking for Land Area mean?
This means the lot size of 11,462 sqft is larger than approximately 96% of all residential properties in Winnipeg, placing it in a rare category. On its own street and in Minnetonka, it's also well above average.
3. How can the assessed value be so much lower than the recent sold price?
Municipal assessed value for taxation purposes often lags behind market value. The 2021 sale price reflects what a buyer was willing to pay in the open market, which considered the potential of the large lot, while the assessment is a standardized valuation formula.
4. What type of work might this property need?
Given its age (79 years), buyers should budget for updates to major aging systems like plumbing, electrical, or the roof. The smaller living area may also prompt plans for a renovation or addition to better utilize the large lot.
5. Are the nearby comparison homes similar?
The listed nearby properties vary. Some have similar assessed values but different living areas, while others are larger. This highlights that on this street, you are purchasing a larger-than-average parcel of land with a smaller-than-average home for the area.
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