675 River Road

Minnetonka, Winnipeg

Property score

77.7

Good

Overall 77.7 · Larger but older than most nearby homes

1,648 sqft (top 28%) · Built in 1958 (17 yrs older than avg)

Located in a high-income area with median household income of ~102k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 shop, and 5 parks nearby

Living Area

Above average

15% larger than neighborhood avg.

Year Built

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 83%French · 2%

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

77.7 is composed by the two sections below.

Property Score

74.1Good
Living Area1,648 sqft83Excellent
Year Built195843Low
Lot Size10,896 sqft97Excellent
Neighbourhood Sales Activity23Low

Community Score

83.2Excellent
Household Income85Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111000

Community deep dive

$102K

Median household income

$115K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

21%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)412
Labour force participation rate66%
Median age44.0
Avg household size2.6
Unemployment rate12%
Population density1716 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households21%
Couple families with children28%
Median household income (2020)$102K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority4%
Bachelor's or higher (25–64)40%
Mother tongue (1st)English · 83%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

above average
1,648 sqft
0255075100
Same streetTop 40%Same areaTop 28%CitywideTop 23%
Same street · River Road
#72 / 180
Top 40% · Avg 1,664 sqft
Same area · Minnetonka
#430 / 1,515
Top 28% · Avg 1,439 sqft
Citywide · Winnipeg
#44,866 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
469k
0255075100
Same streetTop 34%Same areaTop 29%CitywideTop 25%
Same street · River Road
#62 / 180
Top 34% · Avg 505.1k
Same area · Minnetonka
#443 / 1,515
Top 29% · Avg 458.1k
Citywide · Winnipeg
#48,724 / 194,458
Top 25% · Avg 390.1k

Year Built

around average
1958
0255075100
Same streetBottom 22%Same areaBottom 10%CitywideBottom 39%

Lot Size

Elite
10,896 sqft
0255075100
Same streetTop 24%Same areaTop 13%CitywideTop 5%

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

675 River Road — 8 amenities found within 500 m, across 3 categories, including 2 education (nearest 105 m), 1 shopping (nearest 483 m), 5 parks (nearest 130 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks5

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 9/2022CA$500k–550k
Sold price

Same street

Top 19%

Same area

Top 14%

City-wide

Top 12%

Related homes

Highlights & common questions: 675 River Road, Winnipeg

Property Overview: 675 River Road, Winnipeg

Key Characteristics & Appeal

This home at 675 River Road presents a compelling blend of space, location, and value. Built in 1958, it is an older home on its street and in the Minnetonka area, which suggests potential for updates but also speaks to the established character of the neighbourhood. Its true standout feature is the generous 10,896 sqft lot, which ranks in the top 5% citywide. This offers exceptional outdoor space for gardens, recreation, or expansion, a rarity compared to the average city lot.

The 1,648 sqft living area is comfortably above the city average, providing ample room for a family. The assessed value is positioned above average for both the area and the city, indicating a solid valuation in its market. The property last sold in the $500k-$550k range in 2022. Its appeal lies in this combination of a larger-than-average home on a significantly larger-than-average parcel of land, offering a sense of space and privacy that is increasingly hard to find.

This property would best suit buyers who value land size and interior space over a newer build. It’s ideal for those with a vision for landscaping, outdoor living, or who simply want room to breathe. It could also be a fit for buyers comfortable with a home of vintage character, understanding that it may require modernization to match contemporary standards.

Frequently Asked Questions

1. Is the older year of build a concern?
While the 1958 build date is older than many homes on the street, it is around the citywide average. This typically means systems like roofing, plumbing, and wiring should be carefully evaluated during an inspection, but many homes of this era were built with durable materials and offer good structural bones.

2. What does the "Elite" ranking for land area actually mean?
Ranking in the top 5% citywide for lot size means this property offers a level of outdoor space that is uncommon in Winnipeg. It’s a key asset, whether for privacy, gardening, adding a structure like a garage or studio, or simply having a large yard for children and pets.

3. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is often lower than market value. The 2022 sale price range provides a more current benchmark. Market price is influenced by factors like condition, updates, and current market trends not fully captured in the assessment.

4. The home seems larger than city average but smaller than others on the street. Is that a drawback?
Not necessarily. The living area is above average for the city and the wider area, meaning it’s a spacious home. Being slightly below the specific street average suggests other homes on River Road are particularly large, which can be a positive, indicating a consistent quality of housing in the immediate vicinity.

5. How can I get the exact historical sold prices?
The provided sale price is a public data range. The listing service offers to provide the exact sold price history via a manual email request at no cost, with a promise of no marketing spam.

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