395 Knowles Avenue

River East, Winnipeg

Property score

63.0

Fair

Overall 63.0 · Smaller and older than most nearby homes

910 sqft (bottom 9%) · Built in 1961 (15 yrs older than avg)

Located in a high-income area with median household income of ~104k

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

Living Area

Below average

35% smaller than neighborhood avg.

Year Built

Below average

15 yrs older than neighborhood avg.

Mother tongue

English · 81%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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

63.0 is composed by the two sections below.

Property Score

49.2Low
Living Area910 sqft42Low
Year Built196146Low
Lot Size7,158 sqft88Excellent
Neighbourhood Sales Activity32Low

Community Score

83.6Excellent
Household Income86Excellent
Education Level82Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
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: #46110770

Community deep dive

$104K

Median household income

$100K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

19%

Single-person households

26%

Families with children

Population, labour & age

Population (2021)298
Labour force participation rate51%
Median age55.2
Avg household size2.3
Unemployment rate7%
Population density2483 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households19%
Couple families with children26%
Median household income (2020)$104K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)3%
Visible minority3%
Bachelor's or higher (25–64)46%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

below average
910 sqft
0255075100
Same streetBottom 5%Same areaBottom 9%CitywideBottom 17%
Same street · Knowles Avenue
#307 / 322
Bottom 5% · Avg 1,384 sqft
Same area · River East
#2,588 / 2,836
Bottom 9% · Avg 1,399 sqft
Citywide · Winnipeg
#160,949 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

around average
331k
0255075100
Same streetBottom 7%Same areaBottom 18%CitywideBottom 39%
Same street · Knowles Avenue
#301 / 322
Bottom 7% · Avg 433.2k
Same area · River East
#2,338 / 2,836
Bottom 18% · Avg 401.1k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 16%Same areaBottom 7%CitywideBottom 43%

Lot Size

above average
7,158 sqft
0255075100
Same streetBottom 37%Same areaTop 29%CitywideTop 16%

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

395 Knowles Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 226 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 1/2017CA$250k–300k
Sold price

Same street

Bottom 3%

Same area

Bottom 15%

City-wide

Bottom 31%

Related homes

Highlights & common questions: 395 Knowles Avenue, Winnipeg

Property Overview: 395 Knowles Avenue, River East, Winnipeg

Key Characteristics & Appeal

This 910 sqft bungalow, built in 1961, presents a straightforward opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in its efficient scale and a land area (7,158 sqft) that is notably above average for both the neighborhood and the city. This combination suggests a manageable home with valuable outdoor space relative to many other properties.

The home’s assessed value of $331k sits below the averages for its specific street and neighborhood, but aligns more closely with the citywide benchmark. This indicates a potentially more accessible entry point into the area. The property would suit first-time buyers or downsizers seeking a lower-maintenance footprint without sacrificing yard space. It also appeals to value-oriented buyers who prioritize lot size over a larger living area and are comfortable with a home that may benefit from updates, given its older vintage compared to many neighbors.

Frequently Asked Questions

1. How does the home’s size compare to others?
At 910 sqft, the living area is below the average for the street, neighborhood, and city. This points to a compact, efficient layout.

2. Is the assessed value a good indicator of the listing or sale price?
An assessed value is used for municipal tax purposes and is not a market appraisal. While it provides a benchmark, the sale price will be determined by current market conditions, the home’s condition, and buyer demand.

3. What does the land area ranking mean for me?
The lot is approximately 7,158 sqft, which ranks above average for River East and citywide. This is a standout feature, offering more private outdoor space than many comparable properties.

4. The home was last sold in early 2017. How can I find out the exact sale price?
The site provides a sold price range from that transaction. For fully verified and exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.

5. The home is older than many on the street. What should I consider?
Built in 1961, it is older than the street average (1976). Prospective buyers should pay particular attention to the condition and age of major systems like roofing, plumbing, electrical, and the foundation during an inspection.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.