Property score
57.3
Fair
Overall 57.3 · Smaller and older than most nearby homes
800 sqft (bottom 2%) · Built in 1959 (17 yrs older than avg)
Located in a high-income area with median household income of ~93k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 shop, and 2 parks nearby
Living Area
Below average
43% smaller than neighborhood avg.
Year Built
Below average
17 yrs older than neighborhood avg.
Mother tongue
English · 79%French · 1%
Past 10 years River East sales snapshot (~80% of all data)
826
425k
$395/sqft
1976
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
57.3 is composed by the two sections below.
Property Score
Community Score
River East
How to read: Share of sales in each ~$50k price band for “river east” (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: #46110767
$93K
Median household income
$99K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
28%
Single-person households
20%
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
212 Knowles Avenue — 4 amenities found within 500 m, across 3 categories, including 1 dining (nearest 271 m), 1 shopping (nearest 440 m), 2 parks (nearest 281 m).
River East · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
71%
212 Knowles Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 212 Knowles Avenue, Winnipeg
Key Characteristics & Appeal
This 1959 bungalow at 212 Knowles Avenue presents a distinct profile defined by a significant contrast between its modest home and its expansive land. The living space is 800 square feet, which is notably smaller than most homes on the street, in the River East neighborhood, and across Winnipeg. Similarly, its assessed value of $336,000 is below the local street and neighborhood averages. The home itself appeals to buyers looking for a straightforward, lower-maintenance footprint or a renovation project without the scale of a large house.
The property’s standout and rare feature is its lot. At over 21,700 square feet, the land area is not only above average for Knowles Avenue but places in the top 1% for both the neighborhood and the entire city. This creates a compelling opportunity for buyers who prioritize outdoor space, privacy, and future potential over immediate square footage. The appeal lies in this unique balance: a manageable, affordable home on a truly exceptional piece of land. It would suit first-time buyers, downsizers, or investors seeking a property with inherent value in its land, whether for gardening, recreation, or long-term redevelopment.
Frequently Asked Questions
1. Why is the assessed value below average if the lot is so large?
Assessment considers both the building and the land. The home's smaller size and age likely keep the overall value lower, despite the premium lot. This can represent an entry point into a neighborhood where value is often land-driven.
2. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than 99% of comparable residential properties in both the River East neighborhood and the city of Winnipeg. It is a genuinely rare find in an urban setting.
3. Is this a good candidate for a major expansion or rebuild?
The lot size certainly provides the space for an addition or future redevelopment, subject to zoning bylaws and permits. The existing smaller structure could make a tear-down and rebuild more feasible than on a standard lot.
4. How reliable is the sold price history shown?
The listing notes no sales history is displayed automatically. The site uses publicly available data, not MLS records, and recommends contacting them directly for manually verified, exact sales figures.
5. The home is older than most on the street. What should I consider?
Built in 1959, it is older than the area average. A thorough inspection is essential to understand the condition of major systems (roof, plumbing, electrical, foundation) and to budget for any updates or maintenance typical of a home of this age.
