55 Oakridge Bay

Minnetonka, Winnipeg

Property score

69.0

Good

Overall 69.0 · Smaller than most nearby homes

1,040 sqft (bottom 28%) · Built in 1972 (3 yrs older than avg)

Located in a high-income area with median household income of ~97k

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby

Living Area

Below average

28% smaller than neighborhood avg.

Year Built

Below average

3 yrs older than neighborhood avg.

Mother tongue

English · 69%French · 6%

Past 10 years Minnetonka sales snapshot (~80% of all data)

Sold Count

457

Median price

410k

$/sqft

$369/sqft

Avg build year

1975

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Property score

69.0 is composed by the two sections below.

Property Score

58.5Fair
Living Area1,040 sqft52Fair
Year Built197258Fair
Lot Size10,105 sqft97Excellent
Neighbourhood Sales Activity23Low

Community Score

84.7Excellent
Household Income83Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110995

Community deep dive

$97K

Median household income

$114K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.2

P90 / P10 ratio

21%

Single-person households

35%

Families with children

Population, labour & age

Population (2021)363
Labour force participation rate70%
Median age38.8
Avg household size2.6
Unemployment rate13%
Population density3025 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households21%
Couple families with children35%
Median household income (2020)$97K

Housing

Renter households11%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)22%
Visible minority22%
Bachelor's or higher (25–64)47%
Mother tongue (1st)English · 69%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,040 sqft
0255075100
Same streetTop 21%Same areaBottom 28%CitywideBottom 32%
Same street · Oakridge Bay
#6 / 29
Top 21% · Avg 1,008 sqft
Same area · Minnetonka
#1,093 / 1,515
Bottom 28% · Avg 1,439 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

above average
414k
0255075100
Same streetTop 10%Same areaTop 47%CitywideTop 35%
Same street · Oakridge Bay
#3 / 29
Top 10% · Avg 376.1k
Same area · Minnetonka
#711 / 1,515
Top 47% · Avg 458.1k
Citywide · Winnipeg
#68,207 / 194,458
Top 35% · Avg 390.1k

Year Built

Elite
1972
0255075100
Same streetTop 3%Same areaBottom 37%CitywideTop 45%

Lot Size

above average
10,105 sqft
0255075100
Same streetTop 10%Same areaTop 18%CitywideTop 6%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

55 Oakridge Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 473 m), 3 parks (nearest 239 m).

Search radius
🏫Education1
🌳Parks3

Crime & Safety

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%

Sales History

Sold 7/2022CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 36%

City-wide

Top 30%

Related homes

Highlights & common questions: 55 Oakridge Bay, Winnipeg

Property Overview: 55 Oakridge Bay, Winnipeg

Key Characteristics & Appeal

This home at 55 Oakridge Bay in Minnetonka presents a compelling case for buyers seeking space and value. Built in 1972, its standout feature is the generous 10,105 sqft lot, which ranks in the top 10% on its street and the top 6% city-wide. This offers significant outdoor potential, from gardening to expansion, in a city where such large parcels are becoming rarer. The 1,040 sqft living area is efficiently sized, ranking above average for the immediate street but below the broader neighbourhood average, suggesting a home that prioritizes yard over interior square footage.

The appeal lies in its established, quiet location on Oakridge Bay and its strong value proposition. The assessed value is notably above average for the street, yet the home last sold in the $400k-$450k range in 2022, positioning it as a potentially more accessible entry into a stable area. It suits first-time buyers or downsizers who value a large, private outdoor space more than a sprawling floor plan, and investors or renovators who see potential in the substantial lot. A thoughtful perspective is that this property offers a "land bank" opportunity in a mature neighbourhood, where the value of the lot itself is a primary and enduring asset.


Frequently Asked Questions

1. How does the home’s size compare to others?
The 1,040 sqft living area is slightly above the average for Oakridge Bay itself, but below the average for the wider Minnetonka area. This indicates a cozy, efficient interior footprint on a street of similarly scaled homes.

2. What does the "Elite" ranking for Year Built mean?
Built in 1972, it ranks in the top 3% (1st of 29) on its street. This doesn’t mean it’s newer, but that it is one of the newest homes on a street where most houses were built in or before 1972, which could imply slightly newer systems or design.

3. Is the lot size unusual?
Yes. At over 10,000 sqft, the lot is significantly larger than averages for the street, neighbourhood, and city. It’s a defining feature, offering more privacy and space than most properties in Winnipeg.

4. Why is the city-wide assessed value average so high ($390k) compared to this home’s?
The city-wide average includes all property types and values across Winnipeg. The more relevant comparisons are the local ones: its assessment is above average for its specific street and around average for Minnetonka.

5. How can I find the exact past sale price?
The provided sold price is a public data range. The exact sale price from 2022 is available by request directly from the listing service, as noted in the details.

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