Property Overview: 31 Knotsberry Bay, River Park South, Winnipeg

Key Characteristics & Appeal

This home at 31 Knotsberry Bay presents a solid, middle-of-the-road offering in the established River Park South neighborhood. Built in 1984, it is slightly newer than many Winnipeg homes and stands above the average for its own street. With 1,264 sqft of living space and a 5,083 sqft lot, its size is consistently "around average" when compared to the immediate street, the broader neighborhood, and the city. Its assessed value of $397k follows a similar pattern, sitting close to the street average and slightly above the citywide average for comparable properties.

The appeal here lies in its stability and predictability. It’s not an outlier in any category, which can be reassuring for buyers seeking a home that aligns closely with community norms without unexpected extremes. It would suit first-time buyers or downsizers looking for a manageable, established property in a mature neighborhood. A thoughtful perspective is that its very "averageness" in a well-regarded area like River Park South could represent a lower-risk entry point, offering the neighborhood benefits without the premium price tag of its larger or newer counterparts. The data suggests a property that has maintained its relative position over time, last selling between $300k-$350k in 2016.

Frequently Asked Questions

1. How does this home’s value compare to its neighbors?
The home’s assessed value of $397k is slightly below the average for Knotsberry Bay ($411.4k) and the wider River Park South area ($447.2k), but above the Winnipeg average. This positions it as a competitively valued option within its immediate community.

2. Is the living space smaller than typical homes in the area?
At 1,264 sqft, it is moderately smaller than the River Park South neighborhood average (1,410 sqft) but very close to the average for its own street (1,250 sqft). It offers a standard layout for the locale, suitable for a small family or couple.

3. What does the year built (1984) indicate about the property?
Built in 1984, this home is newer than the average Winnipeg home and is actually above average for its street. This suggests a neighborhood built in a similar era, offering mature landscaping and settled infrastructure, while the home itself likely avoids some of the major systemic issues found in much older construction.

4. How reliable is the last sold price shown?
The listed sold price range of CA$300k–350k from July 2016 is based on publicly available data, not the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email.

5. What are similar nearby properties like?
Nearby references on Knotsberry Bay and surrounding streets show homes from the same mid-1980s period, with living areas ranging from approximately 1,162 to 1,768 sqft and assessed values from $375k to $490k. This confirms that 31 Knotsberry Bay sits comfortably within the local spectrum for size and value.