Property score
67.8
Good
Overall 67.8 · Smaller than most nearby homes
980 sqft (bottom 18%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~131k
Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Living Area
Below average
31% smaller than neighborhood avg.
Year Built
Near average
6 yrs older than neighborhood avg.
Mother tongue
English · 67%French · 6%
Past 10 years River Park South sales snapshot (~80% of all data)
1,302
451k
$355/sqft
1990
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67.8 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: #46110501
$131K
Median household income
$142K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
11%
Single-person households
49%
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
35 Knotsberry Bay — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 318 m), 1 education (nearest 354 m), 1 parks (nearest 379 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 | Top 45% | Bottom 48% | Top 38% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 35 Knotsberry Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 980 sqft bungalow, built in 1984, presents a practical and affordable entry point into Winnipeg's River Park South neighborhood. Its key appeal lies in its value positioning: with an assessed value of $383k, it sits below the local area average but aligns closely with the wider city average, suggesting a competitively priced offering for the neighborhood. The home is notably smaller than most comparable properties on its street and in the area, which is a primary factor in its lower assessment. However, it sits on a standard, nearly 5,000 sqft lot and is one of the older homes on its block, which can imply a more established streetscape.
This property would suit first-time buyers or downsizers seeking a lower-maintenance footprint without leaving a desirable community. It’s also a candidate for value-conscious investors or buyers who prioritize location and lot potential over immediate living space, as the size differential from neighborhood norms could allow for future expansion, subject to approvals. The recent sale history (sold between $350k-$400k in mid-2023) indicates a stable, in-demand price range for the area.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. At 980 sqft, its living area is below the average for the street (1,250 sqft), the neighborhood (1,410 sqft), and the city (1,342 sqft). This is the defining characteristic influencing its value.
2. How does its assessed value compare?
Its $383k assessment is below the averages for Knotsberry Bay ($411k) and River Park South ($447k), but is very close to the Winnipeg citywide average ($390k). This indicates you are paying a "neighborhood premium" for a smaller home.
3. What does the year built tell us?
Built in 1984, it is slightly older than the street and neighborhood averages. This can mean more mature landscaping and an established community feel, but may also indicate original components needing updates.
4. How reliable is the sold price data shown?
The site shows a sold price range (CA$350k–400k) from June 2023. They note this is based on public internet data, not the MLS, and offer to provide verified exact figures via email upon request.
5. Are the nearby listed properties direct comparisons?
The "Nearby properties" and "Similar assessed value" lists show homes close in location or assessment value. However, key details like living area and year built often differ significantly, underscoring the importance of comparing specific features, not just price or proximity.
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.
