275 Knowles Avenue

River East, Winnipeg

Property score

81.4

Excellent

Overall 81.4 · Larger than most nearby homes

1,976 sqft (top 12%) · Built in 1976

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

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby

Living Area

Above average

41% larger than neighborhood avg.

Year Built

Near average

0 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

81.4 is composed by the two sections below.

Property Score

84.5Excellent
Living Area1,976 sqft92Excellent
Year Built197667Good
Lot Size9,153 sqft95Excellent
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
1,976 sqft
0255075100
Same streetTop 8%Same areaTop 12%CitywideTop 11%
Same street · Knowles Avenue
#25 / 322
Top 8% · Avg 1,384 sqft
Same area · River East
#335 / 2,836
Top 12% · Avg 1,399 sqft
Citywide · Winnipeg
#22,188 / 194,458
Top 11% · Avg 1,342 sqft

Tax-Assessed Value

above average
448k
0255075100
Same streetTop 37%Same areaTop 24%CitywideTop 29%
Same street · Knowles Avenue
#118 / 322
Top 37% · Avg 433.2k
Same area · River East
#680 / 2,836
Top 24% · Avg 401.1k
Citywide · Winnipeg
#55,893 / 194,458
Top 29% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetTop 44%Same areaTop 48%CitywideTop 39%

Lot Size

above average
9,153 sqft
0255075100
Same streetBottom 48%Same areaTop 14%CitywideTop 8%

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

275 Knowles Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 187 m).

Search radius
🌳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 8/2022CA$450k–500k
Sold price

Same street

Top 20%

Same area

Top 12%

City-wide

Top 17%

Related homes

Highlights & common questions: 275 Knowles Avenue, Winnipeg

Property Overview: 275 Knowles Avenue, Winnipeg

Key Characteristics & Appeal

This 1,976 sqft home, built in 1976, presents a compelling opportunity in Winnipeg’s River East neighborhood. Its primary strength is space: the living area is consistently above average, ranking in the top 12% locally and top 11% city-wide. This suggests a well-sized interior that stands out among peers. The lot size of 9,153 sqft is another significant asset, offering ample outdoor space that ranks in the top 14% for the neighborhood and top 8% across Winnipeg. While the assessed value of $448k is above area and city averages, it aligns closely with the street’s typical value.

The appeal lies in this combination of generous indoor and outdoor space on a substantial lot—a balance that can be hard to find. It suits buyers looking for a established home in a mature neighborhood who prioritize room to grow, garden, or entertain over a newer build. It’s a practical choice for families or those seeking a long-term home with space, where the value is grounded in tangible square footage rather than premium finishes or a recent renovation date.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home sold in August 2022 for between $450,000 and $500,000, a price that placed it in the top 20% on its street and top 12% in River East at that time. This historical sale price is consistent with its current above-average assessed value.

2. Is the lot size typical for the area?
The lot is larger than average for both River East and Winnipeg overall. However, it’s important to note that lots on Knowles Avenue itself are, on average, significantly larger (nearly 19,000 sqft). So while the lot is a standout asset broadly, it is around the median for its specific street.

3. What might the above-average living area mean for utility costs?
While providing more room, a nearly 2,000 sqft home built in the 1970s may have higher heating and cooling costs than smaller or newer builds. Prospective buyers should budget accordingly and consider an energy audit.

4. How can I verify the exact historical sold price?
The displayed sold price is an estimated range. Due to data source rules, exact sale figures are not published online here. You can request the precise transaction history via email from the site, which they provide manually.

5. The home is “around average” for year built on its street. What does that imply?
With an average build year of 1976 for Knowles Avenue, this home is typical of the street’s era. This suggests the immediate area has a consistent, mature character but may also mean that many nearby homes could be approaching similar maintenance or update milestones for roofs, windows, and major systems.

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