283 Knowles Avenue

River East, Winnipeg

Property score

64.8

Fair

Overall 64.8 · Smaller and older than most nearby homes

975 sqft (bottom 13%) · Built in 1959 (17 yrs older than avg)

Located in a high-income area with median household income of ~110k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 2 parks nearby

Living Area

Below average

30% smaller than neighborhood avg.

Taon ng Paggawa

Below average

17 yrs older than neighborhood avg.

Mother tongue

English · 79%French · 2%

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

64.8 is composed by the two sections below.

Property Score

50.1Fair
Living Area975 sqft42Low
Taon ng Paggawa195943Low
Lupa12,202 sqft98Excellent
Neighbourhood Sales Activity32Low

Community Score

86.9Excellent
Household Income89Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

Istatistika ng benta ng komunidad

River East

How to read: Share of sales in each ~$50k price band for “river east” (Detached na bahay (hindi 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: #46110769

Community deep dive

$110K

Median household income

$121K

Average household income

1%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

18%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)423
Labour force participation rate57%
Median age50.0
Avg household size2.6
Unemployment rate4%
Population density2115 / km²

Households & income

Low income (LIM-AT, % pop.)1%
Single-person households18%
Couple families with children30%
Median household income (2020)$110K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority0%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 78%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Mga ranggo

Living Area

mas mababa sa average
975 sqft
0255075100
Same streetBottom 10%Same areaBottom 13%CitywideBottom 23%
Same street · Knowles Avenue
#291 / 322
Bottom 10% · Avg 1,384 sqft
Same area · River East
#2,454 / 2,836
Bottom 13% · Avg 1,399 sqft
Citywide · Winnipeg
#148,802 / 194,458
Bottom 23% · Avg 1,342 sqft

Assessed Value

karaniwan
387k
0255075100
Same streetBottom 31%Same areaBottom 48%CitywideTop 42%
Same street · Knowles Avenue
#223 / 322
Bottom 31% · Avg 433.2k
Same area · River East
#1,469 / 2,836
Bottom 48% · Avg 401.1k
Citywide · Winnipeg
#81,326 / 194,458
Top 42% · Avg 390.1k

Taon ng Paggawa

karaniwan
1959
0255075100
Same streetBottom 13%Same areaBottom 6%CitywideBottom 40%

Lupa

Elite
12,202 sqft
0255075100
Same streetTop 38%Same areaTop 5%CitywideTop 3%

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

Mga malapit na hinto, ruta at transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

283 Knowles Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 232 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%

Kasaysayan ng Benta

Naibenta 7/2024CA$400k–450k
Presyo ng benta

Parehong kalye

Top 40%

Parehong lugar

Top 30%

Buong lungsod

Top 28%

Related homes

Mga tampok at karaniwang tanong: 283 Knowles Avenue, Winnipeg

Property Overview: 283 Knowles Avenue, Winnipeg

Key Characteristics & Appeal

This River East home presents a distinct value proposition centered on its land. Built in 1959, the 975 sqft house is modest in size, ranking below average for both the street and neighborhood. However, it sits on a 12,202 sqft lot, which is exceptionally large for the area, placing it in the top 5% of River East and top 3% citywide. The assessed value of $387k is consistently around the average benchmark at every comparison level.

The primary appeal lies in this land-to-structure ratio. It suits a specific buyer: someone who values outdoor space, expansion potential, or future redevelopment over immediate move-in size. It’s a solid entry point into the neighborhood, likely appealing to hands-on buyers comfortable with a home of its era who see the lot as a long-term asset. For the right person, the property offers the rare chance to own a generous parcel in an established area, where the land itself may hold more future value than the existing structure.

Frequently Asked Questions

1. Is the house too small?
At 975 sqft, the living area is notably smaller than most homes on the street and in River East. It would best suit smaller households, those comfortable with cozy spaces, or buyers planning an addition.

2. Why is the lot size so significant?
A lot of this size (over a quarter-acre) is increasingly rare in mature neighborhoods. It offers ample space for gardening, recreation, adding a garage or workshop, or potentially future subdivision, subject to city approvals.

3. How does the assessed value compare to the recent sale price?
The home sold in July 2024 for between $400k and $450k. This sale range aligns closely with its $387k assessed value and the area averages, suggesting a stable, market-appropriate valuation.

4. What should I consider about the home’s age?
Built in 1959, it is older than most in the immediate area. A prospective buyer should budget for updates consistent with its era and prioritize a thorough inspection of major systems like plumbing, electrical, and the foundation.

5. How can I verify the exact past sale price?
The provided sale data is an estimated range from public records. For the precise sale figure and full transaction history, you must request a manual lookup via the website’s email system, as MLS data is not displayed.

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