Property score
66.3
Good
Overall 66.3 · Smaller than most nearby homes
1,012 sqft (bottom 22%) · Built in 1973 (2 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby
Living Area
Below average
30% smaller than neighborhood avg.
Year Built
Near average
2 yrs older than neighborhood avg.
Mother tongue
English · 69%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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66.3 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: #46110995
$97K
Median household income
$114K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
21%
Single-person households
35%
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 Minnetonka Street — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 219 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 26% | Top 39% | Top 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
7 Minnetonka Street presents a practical, no-frills home built in 1973. Its key appeal lies in its position as a value-oriented entry point into the Winnipeg market. The 1,012 sqft living space is modest, consistently ranking below the average for its immediate street, neighbourhood, and the wider city. However, this is balanced by a very low municipal assessed value of $35,500, which is notably below local averages but close to the middle of the pack city-wide. The lot size of 5,282 sqft is smaller than most in the Minnetonka area but is near the city's typical average. Recent sale data (2024) indicates a transacted price between $400,000 and $450,000.
This home would best suit first-time buyers or practical investors seeking functional space without a premium for size or high assessments. Its value proposition is straightforward: you are purchasing primarily the structure and location, with property taxes likely based on a lower assessment. It’s a home for those comfortable with a property that is statistically average or below in most metrics for its immediate area, but who see potential in its foundational affordability.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sale price?
Municipal assessments in Winnipeg are for tax purposes and often lag behind market values, which are driven by buyer demand, condition, and recent comparable sales. A sale price significantly higher than the assessment is not uncommon.
2. Is the living space too small?
At 1,012 sqft, it is smaller than many homes on the street and in the neighbourhood. This suits buyers looking for efficient, manageable space with lower utility costs, but may not fit those needing ample room for a growing family or dedicated workspaces.
3. What does the lot size mean for me?
The 5,282 sqft lot is smaller than most in Minnetonka, meaning less yard maintenance. However, it is close to the Winnipeg average, offering a decent outdoor space without the upkeep of a larger plot.
4. The home is over 50 years old. What should I consider?
Built in 1973, major systems like roofing, plumbing, electrical, and the furnace are likely at or beyond their typical lifespans. A thorough inspection is crucial to understand the condition and anticipate potential near-term updates.
5. How do I find out the exact price it sold for in 2024?
The provided sale price is a public range. The listing service notes that you can email them to request the exact sold price, which they provide manually without using your email for marketing.
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