62 Ravine Drive

Minnetonka, Winnipeg

Property score

86.8

Excellent

Overall 86.8 · Larger and newer than most nearby homes

1,703 sqft (top 26%) · Built in 1993 (18 yrs newer than avg)

Located in a high-income area with median household income of ~180k

Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 1 healthcare facility, and 4 parks nearby

Living Area

Above average

18% larger than neighborhood avg.

Year Built

Above average

18 yrs newer than neighborhood avg.

Mother tongue

English · 79%Chinese · 4%

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

86.8 is composed by the two sections below.

Property Score

81.7Excellent
Living Area1,703 sqft86Excellent
Year Built199381Excellent
Lot Size6,537 sqft85Excellent
Neighbourhood Sales Activity23Low

Community Score

94.4Excellent
Household Income97Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110998

Community deep dive

$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

Population, labour & age

Population (2021)616
Labour force participation rate69%
Median age58.0
Avg household size2.8
Unemployment rate7%
Population density1579 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households11%
Couple families with children42%
Median household income (2020)$180K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$695K

Diversity, education & language

Immigrants (share of pop.)18%
Visible minority15%
Bachelor's or higher (25–64)75%
Mother tongue (1st)English · 79%
Mother tongue (2nd)Chinese · 4%

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

Rankings

Living Area

above average
1,703 sqft
0255075100
Same streetBottom 5%Same areaTop 26%CitywideTop 21%
Same street · Ravine Drive
#55 / 58
Bottom 5% · Avg 2,266 sqft
Same area · Minnetonka
#388 / 1,515
Top 26% · Avg 1,439 sqft
Citywide · Winnipeg
#40,494 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

above average
606k
0255075100
Same streetBottom 45%Same areaTop 11%CitywideTop 8%
Same street · Ravine Drive
#32 / 58
Bottom 45% · Avg 635.3k
Same area · Minnetonka
#173 / 1,515
Top 11% · Avg 458.1k
Citywide · Winnipeg
#14,602 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1993
0255075100
Same streetTop 34%Same areaTop 9%CitywideTop 21%

Lot Size

above average
6,537 sqft
0255075100
Same streetBottom 33%Same areaBottom 47%CitywideTop 22%

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

62 Ravine Drive — 5 amenities found within 500 m, across 2 categories, including 1 healthcare (nearest 360 m), 4 parks (nearest 100 m).

Search radius
🏥Healthcare1
🌳Parks4

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 2/2020CA$550k–600k
Sold price

Same street

Bottom 33%

Same area

Top 11%

City-wide

Top 10%

Related homes

Highlights & common questions: 62 Ravine Drive, Winnipeg

Property Overview: 62 Ravine Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 62 Ravine Drive presents a compelling value proposition within the Minnetonka neighborhood. Built in 1993, it is a well-situated property that offers a balanced mix of space and location. With 1,703 sqft of living area, it provides comfortable, efficient space that is above the city-wide average but more modest compared to the larger homes typically found on Ravine Drive itself. The lot size of 6,537 sqft is generous by city standards, offering good outdoor potential.

The primary appeal lies in its strong value positioning. The assessed value of $60,600 is notably above average for both the wider Minnetonka area and the city of Winnipeg, suggesting a desirable location and solid property fundamentals relative to its price point. This creates an opportunity for buyers seeking entry into an established neighborhood without the premium often attached to the largest homes. It would suit first-time buyers looking for a manageable home with room to grow, downsizers wanting a maintainable property in a good area, or value-focused investors attracted by its favorable assessment metrics. A thoughtful perspective is that this home may offer a "best of both worlds" scenario: the prestige and stability of a known street like Ravine Drive, but in a more affordable and potentially less imposing package than its immediate neighbors.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to others in the area?
While its living space is above the Winnipeg average, it is one of the more modestly sized homes on Ravine Drive itself. This often translates to a more efficient layout and lower utility costs compared to the street's larger averages.

2. What does the assessed value tell me about this property?
The assessed value is significantly higher than the Minnetonka and city-wide averages for comparable homes. This typically indicates the municipal assessment recognizes desirable traits, such as location and lot value, which can be a positive factor for long-term value stability.

3. Is the lot a good size?
At 6,537 sqft, the lot is above the city-wide average. While it's not the largest on the street, it provides ample private outdoor space for gardening, recreation, or additions, which is a key feature in this neighborhood.

4. When was it last sold, and for how much?
Public records indicate a sale between 2020-2025 for an estimated $550,000-$600,000. For the exact sale price and history, you can request the information directly via the provided email service on the listing page.

5. How does the year built affect this home?
Built in 1993, the home is newer than the average Winnipeg house. This often means modern construction standards, potentially fewer major immediate renovations, and systems (like wiring or plumbing) that may not require urgent updating compared to much older homes.

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