Property score
83.2
Excellent
Overall 83.2 · Larger and newer than most nearby homes
2,142 sqft (top 12%) · Built in 1984 (9 yrs newer than avg)
Located in a high-income area with median household income of ~102k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 schools, and 6 parks nearby
Living Area
Above average
49% larger than neighborhood avg.
Year Built
Above average
9 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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83.2 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: #46111000
$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
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
7 Areisa Bay — 8 amenities found within 500 m, across 2 categories, including 2 education (nearest 300 m), 6 parks (nearest 233 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 | Bottom 40% | Top 23% | Top 20% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This home at 7 Areisa Bay in Winnipeg's Minnetonka neighbourhood presents a compelling blend of space, value, and established location. Built in 1984, it is a newer property compared to many in the wider city, offering modern construction benefits while still being part of a mature, settled community.
Its primary appeal lies in its generous living space. At 2,142 square feet, the home is significantly larger than both the neighbourhood and city averages, providing ample room for families or those who value spacious interiors. The assessed value is positioned above average for the broader area, suggesting a solid perceived worth in the market. The lot size of 5,900 sqft is more compact compared to immediate neighbours, which translates to less yard maintenance—a potential upside for some buyers.
This property would best suit practical buyers looking for a ready-to-live-in family home in a well-established area. It’s ideal for those who prioritize interior square footage over a large yard and appreciate a home that holds above-average standing in the wider city context without being the most expensive on its own street.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value is around the average for Areisa Bay itself, but ranks above average for the larger Minnetonka area and the city of Winnipeg. This suggests it offers good value within its immediate street while being a strong performer in the broader market.
2. Is the lot size a disadvantage?
The land area is smaller than many lots on the same street and in Minnetonka. This means less private outdoor space, but also reduced maintenance. For buyers who prefer a larger garden for play or gardening, it's a consideration; for those seeking a lower-maintenance yard, it could be an advantage.
3. What does the sale history indicate?
The home sold previously between 2020-2025 for an estimated CA$450k–500k. This recent sale provides a useful benchmark for current market value, indicating active market interest in the property in the last few years.
4. How does the age of the home affect things?
Built in 1984, the home is newer than most in the city. This can mean fewer concerns about outdated building materials or major systems at end-of-life, though a standard inspection for a 40-year-old home is still essential to check for updates to roofing, windows, and mechanicals.
5. Where can I see more detailed comparisons?
A dedicated neighbourhood analysis page is available to view this property on a map alongside nearby homes, allowing for detailed comparison of year built, living area, assessed value, and lot size with immediate neighbours.
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.
