Property score
62.6
Fair
Overall 62.6 · Older than most nearby homes
1,104 sqft (bottom 35%) · Built in 1965 (10 yrs older than avg)
Located in a above-average income area with median household income of ~66.5k
Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 5 dining spots, 1 school, 1 healthcare facility, and 1 shop nearby
Living Area
Below average
23% smaller than neighborhood avg.
Year Built
Below average
10 yrs older than neighborhood avg.
Mother tongue
English · 70%French · 7%
Past 10 years Minnetonka sales snapshot (~80% of all data)
457
410k
$369/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
62.6 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: #46111003
$67K
Median household income
$77K
Average household income
25%
Low income (LIM-AT)
0.3
Income inequality (Gini)
5.4
P90 / P10 ratio
25%
Single-person households
23%
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
97 Riel Avenue — 15 amenities found within 500 m, across 8 categories, including 5 dining (nearest 327 m), 1 education (nearest 114 m), 1 healthcare (nearest 462 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 24% | Top 37% | Top 30% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 48% | Bottom 45% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 97 Riel Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition centered on its generous lot. Built in 1965, the 1,104 sqft house sits on a 10,603 sqft property—a standout feature that ranks in the top 5% for land size citywide and is significantly larger than most lots on its street and in the Minnetonka area. This offers substantial outdoor space for gardening, recreation, or future expansion.
The appeal lies in this land-to-building ratio. While the living area is modest and typical for the neighborhood, the assessed value is strong relative to immediate peers, suggesting the property holds its worth well. Its recent sale history indicates steady market interest. This property would best suit a buyer who prioritizes land over a large existing footprint—ideal for someone looking for a manageable-sized home with room to grow outdoors, or for a buyer who sees long-term potential in the valuable lot itself. It’s a practical choice for those comfortable with a home from the 1960s that may require updates, in exchange for one of the larger parcels in the community.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The lot is a key asset. At over 10,600 sqft, it is notably larger than the average lot on Riel Avenue (~7,000 sqft) and ranks in the elite top 5% for size when compared to all properties across Winnipeg.
2. Is the house smaller than average for the area?
The living space (1,104 sqft) is somewhat below the average for comparable homes in the broader Minnetonka area. However, it is closer to the average when compared specifically to other homes on Riel Avenue itself.
3. What does the assessed value tell us?
The assessed value of $44,200 is above average for the street and ranks well citywide. This often reflects the value of the substantial lot and suggests the property is assessed favorably compared to many immediate neighbors.
4. When was it last sold, and for how much?
The property sold in 2023 for an estimated $400k-$450k, and prior to that in 2020 for an estimated $350k-$400k. Exact sale prices can be requested from the listing provider.
5. What might be a less obvious consideration?
The home was built in 1965, making it older than most in the Minnetonka area. Buyers should factor in the potential for age-related maintenance or updates, which is often balanced by the character and established neighborhood feel of an older home.
