451 Knowles Avenue

River East, Winnipeg

73.0

Good

Overall 73.0

Compared with neighbourhood average

1,166 sqft (bottom 37%)

Built in 1976

Located in a high-income area

with median household income of ~118k

Transit 82.0

1-min walk to transit with 2 nearby routes

Within 500m: 1 park nearby

Living Area

Below average

17% smaller than neighborhood avg.

Year Built

Near average

0 yrs newer than neighborhood avg.

Mother tongue

English · 83%French · 1%

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

73.0 is composed by the two sections below.

Property Score

65.0Good
Living Area1,166 sqft60Fair
Year Built197667Good
Lot Size8,293 sqft93Excellent
Neighbourhood Sales Activity32Low

Community Score

84.9Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

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: #46110772

Community deep dive

$118K

Median household income

$116K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

17%

Single-person households

32%

Families with children

Population, labour & age

Population (2021)347
Labour force participation rate54%
Median age52.0
Avg household size2.4
Unemployment rate6%
Population density2669 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households17%
Couple families with children32%
Median household income (2020)$118K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$388K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority13%
Bachelor's or higher (25–64)48%
Mother tongue (1st)English · 82%
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
1,166 sqft
0255075100
Same streetBottom 30%Same areaBottom 37%CitywideBottom 47%
Same street · Knowles Avenue
#225 / 322
Bottom 30% · Avg 1,384 sqft
Same area · River East
#1,795 / 2,836
Bottom 37% · Avg 1,399 sqft
Citywide · Winnipeg
#103,910 / 194,458
Bottom 47% · Avg 1,342 sqft

Tax-Assessed Value

around average
386k
0255075100
Same streetBottom 30%Same areaBottom 48%CitywideTop 42%
Same street · Knowles Avenue
#224 / 322
Bottom 30% · Avg 433.2k
Same area · River East
#1,486 / 2,836
Bottom 48% · Avg 401.1k
Citywide · Winnipeg
#81,862 / 194,458
Top 42% · Avg 390.1k

Year Built

around average
1976
0255075100
Same streetTop 44%Same areaTop 48%CitywideTop 39%

Lot Size

above average
8,293 sqft
0255075100
Same streetBottom 44%Same areaTop 19%CitywideTop 10%

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

451 Knowles Avenue — 1 amenities found within 500 m, across 1 categories, including 1 parks (nearest 275 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 6/2017CA$350k–400k
Sold price

Same street

Bottom 29%

Same area

Bottom 45%

City-wide

Top 46%

Related homes

Highlights & common questions: 451 Knowles Avenue, Winnipeg

Property Summary: 451 Knowles Avenue, Winnipeg

Key Characteristics & Appeal

This 1976 home in River East presents a solid, middle-of-the-road offering with one standout feature: its lot size. The 1,166 sqft living area and the $386k assessed value are consistently average when compared to the street, neighborhood, and city. This indicates a home that is typical for the area, not over-improved or under-sized relative to its market.

The primary appeal lies in the land. The 8,293 sqft lot ranks in the top 19% for River East and the top 10% city-wide, offering significantly more outdoor space than most comparable properties. This creates immediate value for those seeking room for gardens, play areas, or future expansions like a shed or deck, which is a notable advantage in a mature neighborhood.

This property would suit pragmatic buyers looking for a stable entry into the Winnipeg market—particularly first-time homeowners, small families, or downsizers who value a larger yard over a larger house. It’s a home for someone comfortable with a property that is unexceptional in its specs but offers the tangible benefit of space and established community character, without the premium of a fully renovated or custom-built home.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $386k is a municipal tax valuation. While it provides a benchmark, the final sale price is determined by the current market. The home last sold between $350k-$400k in 2017, and its assessed value is slightly above the city-wide average for similar homes.

2. Is the house smaller than others on the street?
At 1,166 sqft, it is somewhat smaller than the street average of 1,384 sqft, ranking in the top 70%. This suggests a comfortable, manageable size that may appeal to those seeking efficiency without being the smallest home on the block.

3. What does the lot size ranking actually mean for me?
Ranking in the top 10% city-wide for lot size means you are getting more land than the vast majority of similar Winnipeg homes. This is a key asset, offering greater privacy, landscaping potential, and future flexibility than a standard lot.

4. The home was built in 1976. What should I consider?
This is the average build year for the street and neighborhood. Buyers should budget for updates consistent with a home of this age, such as windows, roofing, or mechanical systems, while also appreciating the established nature of the structure and mature trees.

5. How can I find out the exact past sale prices?
The public data shows a sold price range. For fully verified transaction history and exact figures, you must request a manual lookup from the site provider, as this information is not sourced from the MLS and is not displayed directly on the page.

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