Property score
69.6
Good
Overall 69.6 · Compared with neighbourhood average
1,185 sqft (bottom 44%) · Built in 1976 (1 yr newer than avg)
Located in a high-income area with median household income of ~102k
Transit 80.0 · 4-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 2 schools, 1 healthcare facility, and 1 shop nearby
Living Area
Near average
18% smaller than neighborhood avg.
Year Built
Near average
1 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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69.6 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
729 River Road — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 384 m), 2 education (nearest 280 m), 1 healthcare (nearest 362 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 11% | Bottom 4% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This home at 729 River Road in Winnipeg's Minnetonka neighbourhood presents a practical opportunity. Built in 1976, it sits on a 5,176 sqft lot and offers 1,185 sqft of living space. The data suggests a property that is modest in scale for its immediate street and area, but aligns more closely with city-wide averages, indicating a home that fits a classic, no-frills Winnipeg profile.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficiency and relative value. With a living area and assessed value that are below average for River Road but around the city-wide norm, it represents a more accessible entry point into the neighbourhood. The lot, while smaller than many on the street, is near the city-wide average, offering manageable outdoor space without excessive upkeep.
Its suitability is for pragmatic buyers: first-time homeowners seeking a foothold in the area, downsizers looking for a manageable property, or investors interested in a straightforward rental. The home’s age (50 years) means potential buyers should be prepared for maintenance or updates, but it also places the home as one of the newer builds on its street, which could imply more modern systems than some neighbours. A thoughtful perspective is that its "below average" metrics for the street aren't necessarily drawbacks; they can translate to lower property taxes and less space to heat and maintain, appealing to a budget-conscious lifestyle.
1. How does the assessed value relate to the likely selling price?
The assessed value of $39,500 is for municipal tax purposes and is typically much lower than market value. The last known sale was between $250k-$300k in 2018, which is a better reference point for current market expectations.
2. Is the lot size a disadvantage?
While the lot is smaller than most on River Road, it is near the Winnipeg average. This means less yard maintenance, which can be a positive for those not wanting extensive gardening or landscaping responsibilities.
3. What does the home’s ranking in "Year Built" mean?
Ranking in the top 29% on its street for year built means it is one of the newer homes in that specific group. This could be an advantage, suggesting potentially newer roofing, wiring, or plumbing compared to older neighbours, though a full inspection is essential.
4. Why is the sold price history only a range?
Exact sale prices in Manitoba are not publicly posted online. The provided range is estimated from public data. You can request the exact historical sold price by emailing the listing service.
5. Who would this property not suit?
It may not suit buyers looking for a large, expansive lot or those seeking a move-in-ready home with recent, high-end renovations. Given its size and metrics, it's less likely to fit families needing significant space for growth or individuals wanting a premium, low-maintenance property.
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