355 Knowles Avenue

River East, Winnipeg

Property score

74.9

Good

Overall 74.9 · Newer than most nearby homes

1,266 sqft (bottom 49%) · Built in 1983 (7 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 1 nearby route · Within 500m: 1 park nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Above average

7 yrs newer 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

74.9 is composed by the two sections below.

Property Score

66.9Good
Living Area1,266 sqft66Good
Year Built198373Good
Lot Size5,900 sqft74Good
Neighbourhood Sales Activity32Low

Community Score

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

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: #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.

Rankings

Living Area

around average
1,266 sqft
0255075100
Same streetBottom 41%Same areaBottom 49%CitywideTop 44%
Same street · Knowles Avenue
#191 / 322
Bottom 41% · Avg 1,384 sqft
Same area · River East
#1,445 / 2,836
Bottom 49% · Avg 1,399 sqft
Citywide · Winnipeg
#85,780 / 194,458
Top 44% · Avg 1,342 sqft

Tax-Assessed Value

around average
426k
0255075100
Same streetTop 49%Same areaTop 32%CitywideTop 33%
Same street · Knowles Avenue
#158 / 322
Top 49% · Avg 433.2k
Same area · River East
#903 / 2,836
Top 32% · Avg 401.1k
Citywide · Winnipeg
#63,603 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1983
0255075100
Same streetTop 22%Same areaTop 13%CitywideTop 31%

Lot Size

around average
5,900 sqft
0255075100
Same streetBottom 11%Same areaBottom 39%CitywideTop 35%

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

355 Knowles Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 144 m).

Search radius
🌳Parks1

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 8/2020CA$350k–400k
Sold price

Same street

Bottom 41%

Same area

Top 49%

City-wide

Top 42%

Related homes

Highlights & common questions: 355 Knowles Avenue, Winnipeg

Property Overview: 355 Knowles Avenue, River East, Winnipeg

This 1983-built home in River East presents a practical and straightforward opportunity. With 1,266 sqft of living space, it sits comfortably around the average for the neighborhood and city, offering a manageable size for everyday living. Its assessed value of $426k is moderately above the Winnipeg average but aligns with the street and area, suggesting a stable investment in a established community. A key point of consideration is the lot size of 5,900 sqft, which is notably smaller than others on Knowles Avenue, but is typical when compared to the broader neighborhood and city. This creates a lower-maintenance yard while still providing private outdoor space.

The appeal here is grounded in its balance and predictability. It’s a home that doesn’t stand out for extreme size or value, but rather for being a solid, representative example of its area. It would suit first-time buyers or downsizers looking for a move-in ready property without the premium of a newer build or a massive lot, and who prioritize a stable, long-established neighborhood over a sprawling property.


Frequently Asked Questions

How does this home’s value compare to recent sales on the street?
It last sold between $350k-$400k in August 2020. With a current assessed value of $426k, this indicates appreciation that is generally consistent with market trends. For exact historical sale prices, a manual lookup can be requested from the site.

Is the smaller lot a disadvantage?
It depends on your priorities. While the lot is smaller than the street average, it is on par with the neighborhood and city. This typically means less time and cost spent on yard maintenance, which can be a benefit for those seeking a simpler outdoor space.

What does the "Above Average" year built ranking mean?
Built in 1983, this home is newer than most on its street and in River East. This can suggest potentially fewer concerns with aging infrastructure (like plumbing or electrical) found in much older homes, while still being part of a mature, settled community.

Are the property taxes likely to be high?
The assessed value is a key municipal input for calculating taxes. At $426k, it is above the citywide average but aligned with the local area. You can expect property taxes to be roughly in line with other similar homes in River East.

How does the living space feel for a family?
At 1,266 sqft, the living area is very close to the Winnipeg average. It typically accommodates a small to medium-sized family adequately. It’s advisable to view the layout in person, as the functionality of the space can matter more than the square footage alone.

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