217 Knowles Avenue

River East, Winnipeg

Property score

69.6

Good

Overall 69.6 · Older than most nearby homes

1,394 sqft (top 38%) · Built in 1947 (29 yrs older than avg)

Located in a high-income area with median household income of ~93k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby

Living Area

Near average

0% smaller than neighborhood avg.

Year Built

Below average

29 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 1%

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

Sold Count

826

Median price

425k

$/sqft

$395/sqft

Avg build year

1976

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Property score

69.6 is composed by the two sections below.

Property Score

64.9Fair
Living Area1,394 sqft71Good
Year Built194730Low
Lot Size12,119 sqft98Excellent
Neighbourhood Sales Activity32Low

Community Score

76.7Good
Household Income82Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health42Low

Neighbourhood Sales

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.

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: #46110767

Community deep dive

$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

Population, labour & age

Population (2021)556
Labour force participation rate48%
Median age52.4
Avg household size2.2
Unemployment rate9%
Population density1737 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households28%
Couple families with children20%
Median household income (2020)$93K

Housing

Renter households8%
Condominium dwellings20%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)12%
Visible minority6%
Bachelor's or higher (25–64)35%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 0%

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

Rankings

Living Area

around average
1,394 sqft
0255075100
Same streetTop 39%Same areaTop 38%CitywideTop 36%
Same street · Knowles Avenue
#124 / 322
Top 39% · Avg 1,384 sqft
Same area · River East
#1,073 / 2,836
Top 38% · Avg 1,399 sqft
Citywide · Winnipeg
#69,858 / 194,458
Top 36% · Avg 1,342 sqft

Tax-Assessed Value

around average
339k
0255075100
Same streetBottom 10%Same areaBottom 21%CitywideBottom 42%
Same street · Knowles Avenue
#289 / 322
Bottom 10% · Avg 433.2k
Same area · River East
#2,248 / 2,836
Bottom 21% · Avg 401.1k
Citywide · Winnipeg
#112,235 / 194,458
Bottom 42% · Avg 390.1k

Year Built

below average
1947
0255075100
Same streetBottom 3%Same areaBottom 2%CitywideBottom 24%

Lot Size

Elite
12,119 sqft
0255075100
Same streetTop 39%Same areaTop 6%CitywideTop 3%

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

217 Knowles Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 344 m), 2 parks (nearest 283 m).

Search radius
🍽️Dining1
🌳Parks2

Crime & Safety

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%

Sales History

Sold 8/2019CA$250k–300k
Sold price

Same street

Bottom 2%

Same area

Bottom 13%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 217 Knowles Avenue, Winnipeg

Property Overview: 217 Knowles Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on its generous, above-average lot size. While the 1,394 sqft living area and 1947 build date are typical for its street in River East, the property stands out for its 12,119 sqft land parcel. This lot size ranks in the top 6% within the neighborhood and an elite top 3% city-wide, offering significant outdoor space that is increasingly rare. The assessed value of $339k is notably below the street average, suggesting a potentially accessible entry point for the area.

The appeal lies in the balance of a modest, established home on a substantial piece of land. It suits a practical buyer who values space and potential over immediate modern finishes. This could be ideal for someone with long-term renovation or expansion plans, gardening enthusiasts, or a family seeking ample private outdoor space. It’s a property where the true value may be less in the current structure and more in the possibilities afforded by the lot.


Frequently Asked Questions

1. Why is the assessed value below average for the street?
The assessed value likely reflects the home’s older age (1947, ranking in the top 97% oldest on the street) and potentially its modest size relative to the lot. Assessments typically consider the current state and characteristics of the property, not future potential.

2. What does the lot size actually mean for a buyer?
Beyond a large yard, a lot of this scale (over a quarter-acre) offers uncommon flexibility for a city property. It allows for additions like a sizable garage, workshop, or garden, and provides greater privacy and distance from neighbors compared to standard lots.

3. How reliable is the last sold price data shown?
The site notes sold prices are from public data, not the MLS, and are shown in a range (CA$250k–300k for 8/2019). For fully verified and exact historical figures, you must request a manual lookup via email, as industry rules prevent displaying MLS records directly.

4. The home is older than most nearby. What should I consider?
An older home like this requires a focused inspection of foundational elements, roof, wiring, and plumbing. While it may need updates, its below-average assessment could provide a budget to address these systematically. The established neighborhood often means mature trees and settled streets.

5. Are the "rankings" a good measure of value?
They provide context, not a verdict. For instance, a "below average" rank for year built is expected on an older street. The key insight is the disparity: the lot size ranks exceptionally high while the assessed value ranks lower, highlighting the property’s unique structure-to-land ratio.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.