94 Riverbend Avenue

Minnetonka, Winnipeg

Property score

80.8

Excellent

Overall 80.8 · Larger but older than most nearby homes

1,782 sqft (top 23%) · Built in 1964 (11 yrs older than avg)

Located in a high-income area with median household income of ~112k

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

Living Area

Above average

24% larger than neighborhood avg.

Year Built

Below average

11 yrs older than neighborhood avg.

Mother tongue

English · 77%French · 8%

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

80.8 is composed by the two sections below.

Property Score

76.5Good
Living Area1,782 sqft86Excellent
Year Built196446Low
Lot Size11,663 sqft97Excellent
Neighbourhood Sales Activity23Low

Community Score

87.2Excellent
Household Income89Excellent
Education Level72Good
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health83Excellent

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: #46111001

Community deep dive

$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

Population, labour & age

Population (2021)420
Labour force participation rate76%
Median age44.0
Avg household size2.6
Unemployment rate10%
Population density1909 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households18%
Couple families with children34%
Median household income (2020)$112K

Housing

Renter households6%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority15%
Bachelor's or higher (25–64)38%
Mother tongue (1st)English · 77%
Mother tongue (2nd)French · 8%

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

Rankings

Living Area

above average
1,782 sqft
0255075100
Same streetTop 17%Same areaTop 23%CitywideTop 18%
Same street · Riverbend Avenue
#19 / 115
Top 17% · Avg 1,331 sqft
Same area · Minnetonka
#344 / 1,515
Top 23% · Avg 1,439 sqft
Citywide · Winnipeg
#34,735 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
401k
0255075100
Same streetTop 46%Same areaBottom 45%CitywideTop 38%
Same street · Riverbend Avenue
#53 / 115
Top 46% · Avg 388.3k
Same area · Minnetonka
#827 / 1,515
Bottom 45% · Avg 458.1k
Citywide · Winnipeg
#73,989 / 194,458
Top 38% · Avg 390.1k

Year Built

above average
1964
0255075100
Same streetTop 30%Same areaBottom 15%CitywideBottom 46%

Lot Size

Elite
11,663 sqft
0255075100
Same streetTop 12%Same areaTop 9%CitywideTop 4%

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

94 Riverbend Avenue — 7 amenities found within 500 m, across 2 categories, including 2 education (nearest 314 m), 5 parks (nearest 153 m).

Search radius
🏫Education2
🌳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 2/2016CA$300k–350k
Sold price

Same street

Bottom 32%

Same area

Bottom 17%

City-wide

Bottom 39%

Related homes

Highlights & common questions: 94 Riverbend Avenue, Winnipeg

Property Overview: 94 Riverbend Avenue, Winnipeg

Key Characteristics & Appeal

This home on Riverbend Avenue in Minnetonka presents a compelling case for buyers who prioritize space and land over a recently built property. Its standout feature is the generous 11,663 sqft lot, which ranks in the top 4% city-wide, offering exceptional outdoor potential for gardening, recreation, or future expansion. The 1,782 sqft living area is also notably above average for its street, neighborhood, and the city, providing ample interior space.

The appeal lies in this unique combination: a house with above-average square footage on a lot that is truly elite in size for Winnipeg. This creates a rare opportunity in the market. However, the home is older, built in 1964, which is newer than many on its street but older than most in the broader Minnetonka area. Its assessed value is consistently around the median across all comparison levels, suggesting it is viewed as fairly typical by the assessor, not as a premium-priced property.

This property would best suit a practical buyer who sees value in land and space, and who is either comfortable with the character and potential maintenance of a 60-year-old home or is planning a significant renovation. It’s ideal for someone looking for a long-term family home with room to grow, or for a buyer who values privacy and yard size more than modern finishes.


Frequently Asked Questions

1. Is the lot size a major advantage?
Yes, significantly. The lot is in the top 9% in Minnetonka and the top 4% city-wide. This much land is uncommon and offers privacy, space for additions like a garage or workshop, and large outdoor living areas.

2. The home is older. What should I consider?
Built in 1964, the home’s systems (roof, plumbing, electrical, HVAC) may be at or beyond their typical lifespan. A thorough inspection is crucial. The upside is that homes of this era often have solid construction and simpler, more open layouts that are easier to renovate.

3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. This home’s assessed value is around the median for its area. The last known sale was between 2016-2025 in the $300k-$350k range. The current market price will depend on condition, updates, and market demand.

4. The living area is above average, but how does the layout feel?
While the square footage is generous, the flow and room sizes in a 1960s layout may differ from a modern open-concept home. Considering how the space is divided and whether it fits your lifestyle is as important as the total square footage.

5. What is the neighborhood context?
The data shows that on Riverbend Avenue itself, this home has a larger living area and lot than most neighbors, but is of a similar age and assessed value. This suggests a stable, established street without extreme variation between homes, which can be positive for long-term value.

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