Property score
58.6
Fair
Overall 58.6 · Smaller and older than most nearby homes
988 sqft (bottom 17%) · Built in 1959 (17 yrs older 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
Below average
29% 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
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58.6 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
235 Knowles Avenue — 3 amenities found within 500 m, across 2 categories, including 1 dining (nearest 388 m), 2 parks (nearest 317 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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 30% | Top 19% | Top 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 235 Knowles Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, mid-century home in Winnipeg's River East neighborhood, built in 1959. With 988 square feet of living space, it is notably smaller than most homes on its own street and in the broader area, positioning it as a more affordable entry point. Its assessed value of $364,000 sits comfortably around the neighborhood and city averages, suggesting a fair valuation within the market. The lot size of 5,707 sqft is typical for the city but is significantly smaller than the large lots found elsewhere on Knowles Avenue.
The primary appeal lies in its value proposition. It sold for an estimated $450,000-$500,000 in late 2024, a price that performed well against local benchmarks. This indicates a home that, while not the largest or newest, meets a practical demand. It would suit first-time buyers, downsizers, or investors seeking a manageable property in an established neighborhood without a premium price tag. A thoughtful perspective is that its smaller scale can mean lower utility costs, less maintenance, and a cozier footprint—appealing to those prioritizing efficiency over sheer space. Its age also presents a clear opportunity; buyers with a vision for modernization can add value through thoughtful updates.
Frequently Asked Questions
1. How does the home's size compare to others?
At 988 sqft, the living area is below average for the street, neighborhood, and city. This is a compact home, which is reflected in its pricing and likely appeals to those seeking a more manageable property.
2. Is the assessed value a good indicator of the market price?
The assessed value is $364,000, which is around the Winnipeg average. However, the home sold for an estimated $450,000-$500,000 in 2024, demonstrating that market value can significantly exceed the municipal assessment, especially in a active market.
3. What should I consider about the year it was built (1959)?
Built in 1959, it is older than most homes on the street. This typically means potential for character but also warrants a thorough inspection for aging components like plumbing, electrical, and the roof, which may need updating or maintenance.
4. The lot seems small for the street. Is that a concern?
Yes, the lot is significantly smaller than the street average. This means less outdoor maintenance but also less private yard space. For the right buyer, this is a trade-off for a lower price point in the area.
5. How can I find out the exact sold price?
The site provides sold price ranges for general research. To obtain the exact, verified sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
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