397 Knowles Avenue

River East, Winnipeg

Property score

69.5

Good

Overall 69.5 · Smaller but newer than most nearby homes

1,040 sqft (bottom 20%) · Built in 1993 (17 yrs newer 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

26% smaller than neighborhood avg.

Year Built

Above average

17 yrs newer 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

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Property score

69.5 is composed by the two sections below.

Property Score

60.1Fair
Living Area1,040 sqft52Fair
Year Built199381Excellent
Lot Size5,857 sqft74Good
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

around average
1,040 sqft
0255075100
Same streetBottom 15%Same areaBottom 20%CitywideBottom 32%
Same street · Knowles Avenue
#274 / 322
Bottom 15% · Avg 1,384 sqft
Same area · River East
#2,260 / 2,836
Bottom 20% · Avg 1,399 sqft
Citywide · Winnipeg
#132,478 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
394k
0255075100
Same streetBottom 36%Same areaTop 48%CitywideTop 40%
Same street · Knowles Avenue
#205 / 322
Bottom 36% · Avg 433.2k
Same area · River East
#1,350 / 2,836
Top 48% · Avg 401.1k
Citywide · Winnipeg
#77,585 / 194,458
Top 40% · Avg 390.1k

Year Built

Elite
1993
0255075100
Same streetTop 11%Same areaTop 3%CitywideTop 21%

Lot Size

around average
5,857 sqft
0255075100
Same streetBottom 10%Same areaBottom 38%CitywideTop 36%

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

397 Knowles Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 212 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

397 Knowles Avenue: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

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