Property score
70.1
Good
Overall 70.1 · Smaller than most nearby homes
1,047 sqft (bottom 25%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~94k
Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 fuel station, and 1 place of worship nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 63%French · 9%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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70.1 is composed by the two sections below.
Property Score
Community Score
River Park South
How to read: Share of sales in each ~$50k price band for “river park south” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110500
$94K
Median household income
$104K
Average household income
9%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.2
P90 / P10 ratio
25%
Single-person households
29%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
2 Knotsberry Bay — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 276 m), 1 education (nearest 468 m).
River Park South · WPS public data · 2026
Annual incidents
25
2026
vs. city avg
-15%
relative to avg
Year-over-year
▼ -90%
vs. prior year
Primary type
Property
64%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 9% | Bottom 10% | Bottom 34% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 2 Knotsberry Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 1984-built home in River Park South presents a compelling mix of space, value, and established neighbourhood character. With 1,047 sqft of living area, the house itself is modest and typical for its street, but its true standout feature is the generous 6,965 sqft lot, which is significantly larger than most in the immediate area and neighbourhood. This above-average land size offers substantial potential for outdoor living, gardening, or future expansion.
The home’s assessed value of $435k sits above the street average, suggesting it is well-regarded relative to its direct peers, while remaining around the middle range for the broader Winnipeg market. Its appeal lies in this balance: it’s a property with a premium lot in a mature, family-friendly community, without a premium city-wide price tag. It would suit first-time buyers or downsizers looking for a manageable home with valuable outdoor space, or value-oriented buyers who see potential in the land itself. A thoughtful perspective is that while the living space is average, owning a larger parcel in a fully developed neighbourhood like River Park South is a rarity that cannot be replicated, offering a form of long-term scarcity value.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is approximately 30% larger than the average for both Knotsberry Bay and the wider River Park South neighbourhood, placing it in the top 15% of properties locally for land area.
2. The house seems smaller than the neighbourhood average. Is that a concern?
The living area is below the River Park South average but is very typical for its specific street. This can represent an efficient, lower-maintenance footprint on a premium lot, which may appeal to those prioritizing outdoor space or lower utility costs.
3. What is the property’s recent sales history?
Records indicate a sale between $250,000 and $300,000 in October 2019. For fully verified and exact historical sale figures, a manual lookup through the site’s service is required.
4. Is the assessed value a reliable indicator of market price?
The assessed value is for municipal tax purposes. While it places the property above average on its street, market conditions, property condition, and updates since assessment will ultimately determine sale price. It serves as a useful benchmark, not a guaranteed price.
5. The home was built in 1984. What should I consider?
Built during a period of consistent construction in the area, key components like the roof, windows, furnace, and major systems may be at or beyond their typical lifespan. A thorough inspection is essential to understand the condition and any upcoming capital needs, which is typical for homes of this vintage.
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