Property score
59.1
Fair
Overall 59.1 · Smaller than most nearby homes
833 sqft (bottom 6%) · Built in 1972 (3 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
42% smaller than neighborhood avg.
Year Built
Below average
3 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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59.1 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
79 Oakridge Bay — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 379 m), 3 parks (nearest 339 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 1% | Bottom 4% | Bottom 27% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
79 Oakridge Bay is a compact, single-family home built in 1972, situated on a modest lot in Winnipeg's Minnetonka neighbourhood. Its key characteristics are defined by how it compares to nearby and city-wide benchmarks. The home's 833 sqft living area is notably smaller than most peers on its street and in the broader area. Similarly, its 5,007 sqft lot is the smallest among the 29 properties on Oakridge Bay. The assessed value is below average for the immediate vicinity but aligns more closely with the Winnipeg average. A standout data point is the home's year of construction, which ranks in the top 3% on its street, indicating it is one of the newest homes in that specific grouping.
The appeal of this property lies in its potential as an efficient, lower-maintenance entry point into homeownership. Its below-average assessed value suggests a potentially accessible price point for first-time buyers or investors. The smaller scale translates to manageable upkeep and utility costs. It would best suit a buyer with practical needs—someone looking for a cozy starter home, a downsizer seeking simplicity, or an investor interested in a rental property with a relatively modern build date (for its immediate area). A thoughtful perspective is that while the lot is small by street standards, its city-wide ranking is around average, offering a balanced outdoor space without excessive maintenance. The fact it's one of the newer homes on the block could also imply fewer immediate concerns about aging core components compared to older neighbours.
Frequently Asked Questions
1. Is this a small house?
Yes. At 833 sqft, the living area is below the average for homes on Oakridge Bay, in the Minnetonka area, and across Winnipeg. It is a compact, efficiently sized property.
2. Why is the assessed value much lower than the city-wide "comparable home" average of $390k?
The $390k figure appears to be a notable discrepancy in the provided data. The more relevant comparisons are the local averages: $37.6k on its street and $45.8k in the Minnetonka area. The assessed value of $34.5k is consistent with these local benchmarks. Always verify current assessment and market values through official sources.
3. What does the "Elite — Top 3%" ranking for Year Built mean?
This means that among the 29 comparable homes on Oakridge Bay, 79 Oakridge Bay, built in 1972, is the newest or among the very newest. This is a relative strength within its immediate micro-neighbourhood.
4. How does the lot size compare?
The lot is 5,007 sqft. It is the smallest lot among the 29 properties on Oakridge Bay. However, compared to the entire city of Winnipeg, the lot size is around the 54th percentile, making it fairly average in a broader context.
5. Where can I see more detailed context about the neighbourhood?
You can use the provided link to "Open neighbourhood map analysis" to view this property on a map alongside nearby houses, allowing for a detailed visual comparison of year built, living area, assessed value, and lot size.
