243 Knowles Avenue

River East, Winnipeg

Property score

78.0

Good

Overall 78.0 · Larger than most nearby homes

1,709 sqft (top 22%) · Built in 1978 (2 yrs newer than avg)

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

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, and 3 parks nearby

Living Area

Above average

22% larger than neighborhood avg.

Year Built

Near average

2 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

78.0 is composed by the two sections below.

Property Score

78.8Good
Living Area1,709 sqft86Excellent
Year Built197867Good
Lot Size6,102 sqft81Excellent
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

above average
1,709 sqft
0255075100
Same streetTop 16%Same areaTop 22%CitywideTop 21%
Same street · Knowles Avenue
#51 / 322
Top 16% · Avg 1,384 sqft
Same area · River East
#611 / 2,836
Top 22% · Avg 1,399 sqft
Citywide · Winnipeg
#40,022 / 194,458
Top 21% · Avg 1,342 sqft

Tax-Assessed Value

around average
415k
0255075100
Same streetBottom 45%Same areaTop 37%CitywideTop 35%
Same street · Knowles Avenue
#177 / 322
Bottom 45% · Avg 433.2k
Same area · River East
#1,045 / 2,836
Top 37% · Avg 401.1k
Citywide · Winnipeg
#67,796 / 194,458
Top 35% · Avg 390.1k

Year Built

above average
1978
0255075100
Same streetTop 30%Same areaTop 34%CitywideTop 35%

Lot Size

above average
6,102 sqft
0255075100
Same streetBottom 20%Same areaTop 49%CitywideTop 29%

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

243 Knowles Avenue — 4 amenities found within 500 m, across 2 categories, including 1 dining (nearest 434 m), 3 parks (nearest 255 m).

Search radius
🍽️Dining1
🌳Parks3

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 7/2016CA$350k–400k
Sold price

Same street

Bottom 38%

Same area

Bottom 49%

City-wide

Top 44%

Related homes

Highlights & common questions: 243 Knowles Avenue, Winnipeg

Property Overview: 243 Knowles Avenue, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 243 Knowles Avenue presents a practical and well-sized offering in Winnipeg's River East neighborhood. Its primary appeal lies in its efficient use of space: the 1,709 sqft living area is consistently above average for its street, neighborhood, and the city overall, suggesting a comfortable interior layout that makes good use of its footprint. Built in 1978, it is a relatively modern structure compared to many Winnipeg homes.

The property suits buyers seeking a move-in-ready, low-maintenance home without a large yard to manage. The lot size is notably smaller than others on Knowles Avenue, which translates to less exterior upkeep—a benefit for busy professionals, small families, or downsizers. Its assessed value sits around the average for the area, indicating it is priced in line with market expectations rather than being a premium or fixer-upper project. A thoughtful perspective is that this home represents a "sweet spot" of space versus maintenance; you get more interior room than many comparable properties, but without the burden of a large, demanding yard.

Section 2: Frequently Asked Questions

1. How does the lot size impact this property?
While the land area is smaller than many lots on its specific street, it is close to the neighborhood and city averages. This typically means lower maintenance costs and less time spent on yard work, which can be a significant advantage for many buyers.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $415k is used for municipal tax purposes. It provides a general benchmark, showing the home is valued around the middle range for the area. Market conditions, the home's interior condition, and recent upgrades will ultimately determine the selling price.

3. What does the sold price history from 2016 tell us?
The home sold for between $350k and $400k in July 2016. This historical data is useful for understanding long-term market trends in the area, but it does not reflect current value, which will be influenced by market changes over the past nine years.

4. How does this home compare to its immediate neighbors?
The home is newer and has more living space than several nearby properties on Knowles Avenue. This suggests it may offer more modern features and roominess compared to some direct comparables in the immediate vicinity.

5. Where can I find verified, exact sold price data for this area?
The provided data is based on public records. For fully verified sales figures and a complete transaction history, you must request a manual lookup from the site, as they do not display MLS-sourced sold records due to industry regulations.

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