Property score
76.2
Good
Overall 76.2 · Newer than most nearby homes
1,446 sqft (top 35%) · Built in 1983 (7 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: 2 parks nearby
Living Area
Near average
3% larger than neighborhood avg.
Year Built
Above average
7 yrs newer 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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76.2 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
274 Knowles Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 120 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 34% | Top 25% | Top 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 274 Knowles Avenue, Winnipeg
Key Characteristics & Appeal
This 1983-built home in River East presents a solid, above-average offering within its market. With 1,446 sqft of living space, its size is consistently "around average" when compared to similar homes on its street, in the neighborhood, and across Winnipeg. The home's primary standout feature is its generous 12,207 sqft lot, which ranks in the elite top 5% for River East and top 3% city-wide. This presents a significant opportunity for expansion, gardening, or outdoor living that is increasingly rare in the city.
Its assessed value of $493k sits comfortably above average at all comparison levels, suggesting official recognition of its desirable lot and stable condition. The home last sold between $400k-$450k in late 2024, placing it in the top 25-34% of area sales, indicating strong market acceptance.
This property would suit practical buyers looking for a home with established neighborhood roots and more land than a typical modern lot. It’s ideal for someone who values long-term potential and space over a brand-new build, and for whom a "move-in ready" home is less important than having a canvas for future outdoor projects or additions.
Frequently Asked Questions
1. Is the lot size a major advantage?
Yes. The lot is exceptionally large for Winnipeg, especially in this neighborhood. This is the property's most distinctive asset, offering privacy, space for recreation, and future development potential that most homes in this price range cannot match.
2. How does the sold price compare to the assessed value?
The home sold for less than its current assessed value in late 2024. This is not uncommon and can reflect market conditions at the time of sale, specific property factors, or the timing of assessment cycles. The assessed value is a benchmark for municipal taxation, not a direct market price.
3. What does "around average" for living space mean for a family?
With 1,446 sqft, the home provides typical space for a family in this area. It’s not exceptionally large, but it is consistent with the neighborhood standard, likely offering 3-4 bedrooms and standard living areas. The significant lot size often compensates for any interior space constraints.
4. The home was built in 1983. What should I consider?
Built later than many on the street (average 1976), this suggests potentially newer major systems like plumbing, electrical, or roofing than some neighbors. However, it is now over 40 years old, so a thorough inspection of these aging components is essential.
5. How does this property fit into the River East neighborhood?
It sits in a stable, established area where this home's assessed value is in the top 13%. This indicates it is considered a higher-value property within River East. The elite lot size further sets it apart, offering a premium feature in a mature neighborhood.
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