71.1
Good
Property score
71.1
Good
Overall 71.1
Older than most nearby homes
1,120 sqft (bottom 38%)
Built in 1961 (14 yrs older than avg)
Located in a high-income area
with median household income of ~112k
Transit 92.0
3-min walk to transit with 5 nearby routes
Within 500m: 9 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
14 yrs older than neighborhood avg.
Mother tongue
English · 77%French · 8%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
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71.1 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: #46111001
$112K
Median household income
$157K
Average household income
6%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
18%
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
8 Riverbend Avenue — 25 amenities found within 500 m, across 8 categories, including 9 dining (nearest 197 m), 1 education (nearest 414 m), 2 healthcare (nearest 129 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 19% | 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: 8 Riverbend Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 8 Riverbend Avenue in Minnetonka presents a balanced offering centered on its generous lot and established neighbourhood. Built in 1961, the 1,120 sqft house sits on a notably large 8,531 sqft property, a standout feature that ranks within the top 10% of lot sizes citywide. While the living space is modest compared to some immediate neighbours, the assessed value is strong for its street, ranking in the top 30%. This suggests the property is valued for more than just its interior square footage.
The primary appeal lies in its land potential and stable positioning. The large lot offers ample outdoor space, room for additions, or gardening, which is increasingly rare in urban settings. Its value holding strong on Riverbend Avenue indicates a well-regarded location. This property would best suit a practical buyer who values outdoor space over a large, modern interior—perhaps a first-time homeowner comfortable with a home from the 1960s, someone looking for a long-term property with room to grow, or an investor attracted by the underlying land value in a consistent area.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is slightly below the average for both the street and the wider Minnetonka area. The appeal is balanced more toward the substantial lot size rather than a large interior footprint.
2. Is the assessed value high or low?
The assessed value of $42,400 is above average for Riverbend Avenue itself (top 30%), indicating it is a relatively higher-valued property on its own street. It sits around the middle range when compared to the broader Minnetonka area and city.
3. What does the lot size ranking mean?
The 8,531 sqft lot is a key feature. It’s larger than most lots in the city, ranking in the top 10% citywide and the top 28% within Minnetonka. This is a significant asset for privacy, outdoor activities, or future expansion.
4. The home was sold between 2016 and 2025. Can I get the exact price?
The exact sold price is not publicly listed. The listing service offers to provide the precise figure via email upon request, stating they aim to reply manually by the end of the same day.
5. How does the age of the home affect its value?
Built in 1961, the home is older than most in Minnetonka (ranking in the bottom 13% for the area). This typically means potential for older systems and style, but it is compensated for by the established neighbourhood and the valuable lot size, which is reflected in its solid assessed value for the street.
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