63 Riverbend Avenue

Minnetonka, Winnipeg

Property score

82.1

Excellent

Overall 82.1 · Larger but older than most nearby homes

2,363 sqft (top 9%) · Built in 1954 (21 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 62.0 · 4-min walk to transit with 1 nearby route · Within 500m: 2 dining spots, 2 schools, 3 parks, and 2 bank/ATMs nearby

Living Area

Above average

64% larger than neighborhood avg.

Year Built

Below average

21 yrs older than neighborhood avg.

Mother tongue

English · 76%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

82.1 is composed by the two sections below.

Property Score

80.2Excellent
Living Area2,363 sqft96Excellent
Year Built195436Low
Lot Size9,717 sqft95Excellent
Neighbourhood Sales Activity23Low

Community Score

85.0Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
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: #46111002

Community deep dive

$106K

Median household income

$113K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

17%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age46.0
Avg household size2.6
Unemployment rate4%
Population density2641 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children34%
Median household income (2020)$106K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 76%
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

Elite
2,363 sqft
0255075100
Same streetTop 3%Same areaTop 9%CitywideTop 4%
Same street · Riverbend Avenue
#4 / 115
Top 3% · Avg 1,331 sqft
Same area · Minnetonka
#131 / 1,515
Top 9% · Avg 1,439 sqft
Citywide · Winnipeg
#8,029 / 194,458
Top 4% · Avg 1,342 sqft

Tax-Assessed Value

Elite
611k
0255075100
Same streetTop 3%Same areaTop 11%CitywideTop 7%
Same street · Riverbend Avenue
#3 / 115
Top 3% · Avg 388.3k
Same area · Minnetonka
#167 / 1,515
Top 11% · Avg 458.1k
Citywide · Winnipeg
#13,992 / 194,458
Top 7% · Avg 390.1k

Year Built

around average
1954
0255075100
Same streetTop 41%Same areaBottom 9%CitywideBottom 33%

Lot Size

above average
9,717 sqft
0255075100
Same streetTop 28%Same areaTop 21%CitywideTop 7%

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

63 Riverbend Avenue — 9 amenities found within 500 m, across 4 categories, including 2 dining (nearest 464 m), 2 education (nearest 326 m), 3 parks (nearest 139 m).

Search radius
🍽️Dining2
🏫Education2
🌳Parks3
🏦Finance2

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 8/2016CA$250k–300k
Sold price

Same street

Bottom 24%

Same area

Bottom 7%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 63 Riverbend Avenue, Winnipeg

Property Overview: 63 Riverbend Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Riverbend Avenue in Minnetonka stands out for its generous proportions, both indoors and out. The primary appeal lies in its significant size advantage over comparable properties. With 2,363 square feet of living space, it ranks in the top 3-4% of homes on its street and city-wide, offering substantially more room than the local average. This is complemented by a large, private lot of nearly 10,000 square feet, which places it in the top 7% city-wide for land area.

The property’s assessed value is notably higher than most neighbours, reflecting its elite standing on the street and above-average positioning in the broader area. Built in 1954, it is a character home of its era, slightly older than many in the Minnetonka neighbourhood but typical for Winnipeg as a whole. A less obvious perspective is that this combination—a larger, older home on a sizable lot—suggests potential for those interested in character-driven renovations or expansions, where the existing footprint and land provide a rare canvas not found in newer subdivisions.

This home would ideally suit buyers prioritizing space and established neighbourhoods over modern finishes. It’s a strong match for growing families needing multiple bedrooms, individuals looking for a project with solid underlying value, or anyone who values extensive outdoor space and the maturity of a well-located lot.

Section 2: Frequently Asked Questions

1. How does this home’s size truly compare to others?
Its living area of 2,363 sqft is exceptionally large for the context. It is over 1,000 square feet larger than the average home on Riverbend Avenue and ranks in the top 4% of all Winnipeg homes for living space.

2. What does the assessed value indicate?
At $61,100, the assessed value is among the highest on the street (top 3%) and above average for the wider area. This generally reflects the property’s substantial size and lot relative to its peers, as determined for municipal tax purposes.

3. Is the 1954 build date a concern?
The home is of a vintage common in Winnipeg. While it is older than many homes in the immediate Minnetonka area, it is around the city-wide average age. This typically means potential maintenance or update considerations, balanced by the character and build quality of the period.

4. How private or usable is the lot?
The lot is a key feature at 9,717 sqft, significantly larger than the city average. It offers ample backyard space for recreation, gardening, or future additions, providing a level of privacy and outdoor potential that is increasingly rare.

5. What is known about past sale prices?
Public records indicate a sale between $250,000 and $300,000 in 2016. For the exact historical sold price, you can request the information via email from the listing service.

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