Property score
80.5
Excellent
Overall 80.5 · Larger but older than most nearby homes
2,058 sqft (top 10%) · Built in 1966 (10 yrs older than avg)
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
47% larger than neighborhood avg.
Year Built
Below average
10 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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80.5 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
278 Knowles Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 141 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 43% | Top 31% | Top 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 278 Knowles Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, land, and value within Winnipeg’s River East neighborhood. Its primary appeal lies in its generous 2,058 sqft living area, which ranks in the top 5% on its own street and top 10% in the wider area, offering significantly more interior space than most comparable homes. This is paired with an exceptionally large, private lot of over 13,000 sqft, a rare find that places it in the top 4% of the neighborhood and top 3% city-wide.
Built in 1966, the home is older than many on its street, suggesting a classic layout and potential for updates, which can be an opportunity for buyers looking to add personal value. The assessed value of $475k sits above local averages, reflecting the premium for the substantial lot and living space.
This property is ideally suited for buyers prioritizing indoor and outdoor space over a newer build. It fits growing families needing room to spread out, or anyone valuing a large yard for gardens, recreation, or future expansion. It’s a solid choice for a long-term home where the land itself is a key asset.
Frequently Asked Questions
1. How does the home’s age affect its value?
While the 1966 build date is older than many neighbors, the assessed value is strong because it’s calculated from the combined worth of the land and the structure. The premium here is clearly driven by the very large lot and above-average living area, which outweigh the age factor in the overall valuation.
2. Is the lot size typical for the area?
No, it’s exceptional. The lot is nearly double the neighborhood average and ranks in the elite tier city-wide. On Knowles Avenue, lots are generally larger, but this property’s parcel is still above the street average, offering uncommon privacy and space.
3. What can the 2020 sale price range tell me?
The previous sale in the CA$400k–450k range provides a benchmark. Given the current assessed value of $475k, it indicates market appreciation. For exact historical figures, you must request a manual lookup from the site, as precise MLS data is not published publicly.
4. Who might this home not suit?
Buyers seeking a modern, move-in-ready home with recent renovations may find the older build date requires more immediate updates or planning. Those with minimal yard maintenance preferences might also find the substantial lot size more of a burden than a benefit.
5. How does it compare to nearby homes for sale?
The provided comparisons show similar assessed values but often with less living area or smaller lots. For instance, 363 Headmaster Row has a similar square footage but a standard lot. This highlights 278 Knowles Avenue’s unique selling proposition: it combines larger interior space with a premier-sized property.
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