233 Knowles Avenue

River East, Winnipeg

Property score

76.2

Good

Overall 76.2 · Newer than most nearby homes

1,367 sqft (top 40%) · Built in 2015 (39 yrs newer than avg)

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

Transit 74.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 2 parks nearby

Living Area

Near average

2% smaller than neighborhood avg.

Year Built

Above average

39 yrs newer 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

76.2 is composed by the two sections below.

Property Score

75.8Good
Living Area1,367 sqft71Good
Year Built201594Excellent
Lot Size6,508 sqft85Excellent
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
1,367 sqft
0255075100
Same streetTop 41%Same areaTop 40%CitywideTop 37%
Same street · Knowles Avenue
#132 / 322
Top 41% · Avg 1,384 sqft
Same area · River East
#1,123 / 2,836
Top 40% · Avg 1,399 sqft
Citywide · Winnipeg
#72,753 / 194,458
Top 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
433k
0255075100
Same streetTop 45%Same areaTop 29%CitywideTop 31%
Same street · Knowles Avenue
#145 / 322
Top 45% · Avg 433.2k
Same area · River East
#831 / 2,836
Top 29% · Avg 401.1k
Citywide · Winnipeg
#61,069 / 194,458
Top 31% · Avg 390.1k

Year Built

Elite
2015
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 7%

Lot Size

above average
6,508 sqft
0255075100
Same streetBottom 33%Same areaTop 38%CitywideTop 22%

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

233 Knowles Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 384 m), 2 parks (nearest 330 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 9/2016CA$400k–450k
Sold price

Same street

Top 33%

Same area

Top 24%

City-wide

Top 24%

Related homes

Highlights & common questions: 233 Knowles Avenue, Winnipeg

Property Overview: 233 Knowles Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of modern convenience and established neighborhood character. Built in 2015, its age is a standout feature, ranking it among the newest 3% of homes on its street and the newest 1% in the broader River East area. This suggests a property with contemporary building standards, likely requiring less immediate maintenance than older counterparts.

The living space (1,367 sqft) and assessed value (~$433k) are both consistently around the average for the street, neighborhood, and city, indicating a home that fits comfortably within its market context without extremes. The lot size (6,508 sqft) is above the Winnipeg average, offering a good balance of yard space without the upkeep of a much larger parcel.

Its primary appeal lies in this balance: it’s a relatively new construction in a mature neighborhood, offering modern amenities within a well-established community framework. It would suit buyers seeking a move-in-ready home who want to avoid the potential surprises and renovation projects of an older house, but who still value the settled feel of a long-standing area like River East. It’s a practical choice for professionals, young families, or downsizers looking for a manageable property with a modern foundation.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
The home last sold between $400k-$450k in 2016. Its current assessed value is slightly above the neighborhood average but aligns with the street average. For precise, verified sale figures of nearby properties, a manual records lookup is available upon request.

2. What does the "newer build in an older area" dynamic mean for me?
While you benefit from newer systems, construction, and likely better energy efficiency, the surrounding infrastructure and mature landscaping reflect the neighborhood's older overall vintage. This can offer established trees and community character, but utilities and public works are of the area's general age.

3. Is the lot size typical?
The lot is above average for Winnipeg but smaller than the very large lots found elsewhere on Knowles Avenue (where the average is nearly 19,000 sqft). This means a more manageable yard for maintenance, but potentially less privacy or expansion space than some direct neighbors.

4. What are the potential implications of the consistent "around average" rankings?
This consistency suggests the property is a stable, market-aligned investment. It likely won’t dramatically over- or under-perform the area’s market trends, which can be appealing for risk-averse buyers seeking predictability.

5. How current and accurate is this pricing data?
The assessed value is an official municipal figure for taxation. Sold price data shown is from public records and is presented in ranges; for fully verified and exact historical transaction figures, you must request a manual lookup, as MLS data is not displayed on this site.

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