Property score
78.7
Good
Overall 78.7 · Newer than most nearby homes
1,473 sqft (top 37%) · Built in 1987 (12 yrs newer than avg)
Located in a high-income area with median household income of ~106k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 10 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
12 yrs newer than neighborhood avg.
Mother tongue
English · 76%French · 6%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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78.7 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: #46111002
$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
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 Riverbend Avenue — 28 amenities found within 500 m, across 8 categories, including 10 dining (nearest 139 m), 1 education (nearest 374 m), 2 healthcare (nearest 148 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 16% | Top 21% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 7 Riverbend Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Riverbend Avenue in Minnetonka presents a compelling blend of modern build age and established value. Built in 1987, it is notably newer than most homes on its street and in the wider area, which often translates to fewer concerns about major aging components and potentially more contemporary layouts. With 1,473 sqft of living space, it offers roominess that is consistently above average for its immediate street and aligns with typical city sizes.
The property’s standout feature is its strong assessed value, which ranks in the top 10% on Riverbend Avenue and above average in broader comparisons. This suggests it is viewed as a substantial asset relative to its peers. The lot size of 6,830 sqft is comfortably above the Winnipeg average, providing good outdoor space, though it is more modest compared to some larger lots within the Minnetonka area itself.
Its appeal lies in this balance: a relatively newer home in an established neighbourhood, offering solid square footage on a decent lot, with a valuation that indicates it has been well-regarded. It would suit practical buyers looking for a move-in-ready home without the uncertainties of an older property, as well as value-conscious purchasers who appreciate a home that stands out positively in key financial metrics within its community.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the municipal property assessment for this home is higher than most comparable homes on its street and in the area. This often reflects the property’s market value potential, but it’s important to note that assessed value is used for calculating taxes and is not the same as a current market appraisal.
2. The home was built in 1987. Are there any common issues for homes of this age?
While newer than many Winnipeg homes, a 1987 build may still have original components nearing the end of their lifespan, such as the roof, windows, or major appliances. A thorough inspection is recommended to assess the condition of these elements.
3. How does the lot size compare to what’s typical?
The lot is larger than the average Winnipeg property but slightly smaller than the average for the Minnetonka area. This means you get generous private outdoor space by city standards, though some immediate neighbours may have larger yards.
4. The home sold in 2022. Why is the exact price not listed publicly?
Exact sale prices in Manitoba are not part of the public record. The provided price range is an estimate based on available data. The exact price can be requested directly from the listing service.
5. The living area is “around average” in rankings. Is the space adequate?
Yes. The square footage is very close to the city-wide average and is actually above average for its specific street. It indicates a comfortably sized home that should meet the needs of a typical family or household without feeling cramped.
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