Property score
71.4
Good
Overall 71.4 · Older than most nearby homes
1,139 sqft (bottom 41%) · Built in 1962 (13 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, 2 healthcare facilitys, and 1 shop nearby
Living Area
Near average
21% smaller than neighborhood avg.
Year Built
Below average
13 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
71.4 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: #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
56 Greendell Avenue — 15 amenities found within 500 m, across 7 categories, including 1 dining (nearest 274 m), 2 education (nearest 342 m), 2 healthcare (nearest 436 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 11% | Top 15% | Top 13% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 56 Greendell Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of a generous lot and a well-established location. Built in 1962, its 1,139 sqft living area is fairly typical for the street and city, but the property stands out for its 10,900 sqft land parcel. This lot size is significantly above average for both the wider Minnetonka area and the city as a whole, ranking in the top 5% city-wide. The assessed value of $520k is notably above average across all comparison levels, suggesting the municipality sees substantial value here, likely in the land and location.
The primary appeal lies in this land potential. It’s a property where the value is anchored more in what you could do—expansive outdoor space, gardening, future additions, or redevelopment—rather than in a large or modernized interior. It suits a buyer who values space and privacy over turn-key perfection, such as someone looking for a long-term family home with room to grow, a renovator seeking a solid foundation on a premium lot, or an investor recognizing the underlying land value in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring homes?
The assessed value is a municipal estimate for taxation, not market price. Its "above average" ranking here is strongly influenced by the property's large lot size, which is a major factor in assessment calculations, especially in an established neighbourhood.
2. Is the house itself outdated?
Built in 1962, the home is of an age where major systems (roof, wiring, plumbing, windows) may need evaluation or updating. This represents both a consideration for immediate upkeep and an opportunity for a buyer to customize renovations to their own taste.
3. What can I do with such a large lot?
Beyond a spacious yard, a lot of this size may offer flexibility for additions like a garage, workshop, or sunroom, subject to local zoning bylaws. It provides a rare sense of openness and privacy for the area.
4. How does the last sold price (2021, $500k-$550k) relate to today's value?
The 2021 sale price provides a historical benchmark. The current higher assessed value and market conditions since then mean the current expected market value would be determined by recent comparable sales, which aren't provided in this data set.
5. The living area is smaller than the area average. Is the house cramped?
At 1,139 sqft, the home is functionally sized for many households. The key perspective is the trade-off: you are acquiring a land footprint that is far more rare and valuable than a slightly larger house on a standard lot. The livable space is adequate, but the true premium is in the outdoor space.
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.
