87 Riverbend Avenue

Minnetonka, Winnipeg

Property score

77.7

Good

Overall 77.7 · Older than most nearby homes

1,580 sqft (top 31%) · Built in 1970 (5 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 3 schools, and 5 parks nearby

Living Area

Near average

10% larger than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 76%French · 6%

Past 10 years Minnetonka sales snapshot (~80% of all data)

Sold Count

457

Median price

410k

$/sqft

$369/sqft

Avg build year

1975

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Property score

77.7 is composed by the two sections below.

Property Score

72.9Good
Living Area1,580 sqft79Good
Year Built197052Fair
Lot Size8,518 sqft93Excellent
Neighbourhood Sales Activity23Low

Community Score

85.0Excellent
Household Income87Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111002

Community deep dive

$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

Population, labour & age

Population (2021)449
Labour force participation rate60%
Median age46.0
Avg household size2.6
Unemployment rate4%
Population density2641 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households17%
Couple families with children34%
Median household income (2020)$106K

Housing

Renter households8%
Condominium dwellings0%
Median dwelling value (owners)$372K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)43%
Mother tongue (1st)English · 76%
Mother tongue (2nd)French · 5%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,580 sqft
0255075100
Same streetTop 24%Same areaTop 31%CitywideTop 26%
Same street · Riverbend Avenue
#28 / 115
Top 24% · Avg 1,331 sqft
Same area · Minnetonka
#471 / 1,515
Top 31% · Avg 1,439 sqft
Citywide · Winnipeg
#51,168 / 194,458
Top 26% · Avg 1,342 sqft

Tax-Assessed Value

above average
431k
0255075100
Same streetTop 28%Same areaTop 40%CitywideTop 32%
Same street · Riverbend Avenue
#32 / 115
Top 28% · Avg 388.3k
Same area · Minnetonka
#604 / 1,515
Top 40% · Avg 458.1k
Citywide · Winnipeg
#61,787 / 194,458
Top 32% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetTop 25%Same areaBottom 19%CitywideTop 48%

Lot Size

above average
8,518 sqft
0255075100
Same streetTop 36%Same areaTop 29%CitywideTop 10%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

87 Riverbend Avenue — 8 amenities found within 500 m, across 2 categories, including 3 education (nearest 385 m), 5 parks (nearest 192 m).

Search radius
🏫Education3
🌳Parks5

Crime & Safety

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%

Sales History

Sold 8/2021CA$350k–400k
Sold price

Same street

Top 32%

Same area

Bottom 49%

City-wide

Top 41%

Related homes

Highlights & common questions: 87 Riverbend Avenue, Winnipeg

Property Overview & Appeal

This home at 87 Riverbend Avenue presents a compelling mix of space, land, and established value. Its key characteristic is a well-above-average lot size of over 8,500 sqft, placing it in the top 10% citywide, which offers rare potential for gardens, expansion, or simply more private outdoor living. Built in 1970, it is newer than most on its street, potentially meaning fewer immediate updates compared to older neighbours. With 1,580 sqft of living area, it provides more interior space than the typical Winnipeg home.

The appeal lies in its balanced positioning. It’s not an outlier in any single category but offers a strong, above-average package overall, particularly for buyers seeking a generous yard within the city. It suits practical buyers looking for a move-in-ready, single-family home in a mature neighbourhood without the premium of a brand-new build. A thoughtful perspective is that its "middle-of-the-pack" assessed value for the area suggests it's not over-improved for the street, which can be a savvy financial position, offering comfort without excessive property taxes.

Frequently Asked Questions

1. How does the 1970 build year compare to nearby homes?
The home is newer than most on its immediate street (ranking in the top 25%), but is slightly older than the average home in the broader Minnetonka area. This often means the fundamental systems and structure may be more modern than many direct neighbours.

2. Is the lot size a significant feature?
Yes. At 8,518 sqft, the lot is substantially larger than the Winnipeg city average (~6,570 sqft) and above average for the local area. This is one of the property's standout assets, offering more privacy and space than many similarly priced homes.

3. What does the assessed value indicate?
The assessed value of $43.10k is above average for Riverbend Avenue itself but around the middle range for the wider Minnetonka area and city. This suggests the property is viewed as solidly conforming to or slightly exceeding the norms for its immediate location.

4. Can I see the exact historical sale price?
The listed sale price range is based on public data. The exact sale price is available by request via email from the site, which they provide manually without using your email for marketing.

5. How does the living space compare?
At 1,580 sqft, the living area is above average for the city and for its own street, but close to the average for the Minnetonka area. It indicates a comfortably sized home that is not unusually large or small for its neighbourhood.

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