63.2
Fair
Property score
63.2
Fair
Overall 63.2
Smaller than most nearby homes
904 sqft (bottom 9%)
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
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
37% 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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63.2 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
733 River Road — 13 amenities found within 500 m, across 7 categories, including 1 dining (nearest 371 m), 2 education (nearest 294 m), 1 healthcare (nearest 348 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 35% | Top 27% | Top 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 733 River Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 733 River Road in Minnetonka is a compact, single-story property built in 1976. With 904 square feet of living space on a 5,176 sqft lot, it is notably smaller than most homes on its street and in the immediate area. Its assessed value is modest, especially compared to its neighbourhood, but aligns more closely with the Winnipeg city-wide average.
The primary appeal lies in its value proposition and manageability. It represents an affordable entry point into a mature neighbourhood, ideal for first-time buyers, downsizers, or investors seeking a lower-maintenance property. The lot, while smaller than others on River Road, is still a useable size for a patio or garden. A thoughtful perspective is that this home’s below-average metrics for the street could signal an opportunity for value addition through updates or an expansion, relative to the higher-valued homes surrounding it. It suits a practical buyer who prioritizes location and fiscal efficiency over square footage, and who may see potential in a home that stands out for its modesty on a street of larger properties.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The home sold in 2024 for an estimated $400k-$450k, which is significantly higher than its $34,600 assessed value. This is common, as assessed value for tax purposes often lags behind market value, which is determined by recent sales.
2. Is the home significantly older than others in the area?
No, it’s actually newer than average for River Road. Built in 1976, it ranks in the top 29% for year built on its street, meaning most neighbours’ homes are older.
3. What does the "ranking" data mean for the lot size?
The data shows the lot is smaller than most on River Road (ranking 162 out of 180, or top 90%). However, compared to all homes in Winnipeg, its lot size is very close to the city-wide median (top 51%), offering a more standard urban parcel.
4. Who would benefit from requesting the exact sold price history?
Receiving the exact price (provided via email upon request) is most useful for buyers or sellers conducting a precise comparative market analysis, as it removes the estimate range and provides a solid data point for valuation.
5. Are the nearby listed properties with the same assessed value similar homes?
Not necessarily. The listed addresses with identical assessed values ($34.60k) are in different neighbourhoods (like Varsity View and Elmhurst). This highlights how assessment is a municipal formula and doesn't directly compare home condition, style, or market demand between different areas.
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