Property score
76.5
Good
Overall 76.5 · Compared with neighbourhood average
1,264 sqft (bottom 46%) · Built in 1984 (6 yrs older than avg)
Located in a high-income area with median household income of ~131k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 fuel station nearby
Living Area
Near average
10% 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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76.5 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
39 Knotsberry Bay — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 319 m), 1 education (nearest 341 m), 1 parks (nearest 369 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 14% | Bottom 12% | Bottom 37% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 39 Knotsberry Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 1984-built home in River Park South presents a practical opportunity in a mature neighbourhood. With 1,264 sqft of living space and a 4,742 sqft lot, its size is consistently around the average for its street, area, and the wider city. Its standout characteristic is its assessed value of $355k, which is notably below the average for both Knotsberry Bay and the River Park South neighbourhood. This suggests a potentially lower property tax burden and an entry point into the area that is priced more accessibly than many of its direct peers.
The appeal lies in its value proposition and established location. It suits first-time buyers or downsizers looking for a foothold in a stable community without a premium price tag. The home’s age (older than many in the city but typical for the street) implies well-understood construction from that era, which can be appealing to buyers comfortable with potential updates. It’s a home for those who prioritize location and lot over sheer square footage, and who see the below-average assessment not as a drawback, but as a foundation for building equity.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the street and neighbourhood averages?
While the exact reason isn't specified, a below-average assessment can be influenced by factors like the home's specific condition, layout, or features compared to nearby properties. It's important to review the property's interior and any potential deferred maintenance to understand this fully.
2. How does the 2020 sale price relate to today’s value?
The home sold between $250k-$300k in mid-2020. Market conditions have shifted since then, so that figure is a historical data point, not a current valuation. The current assessed value of $355k is a more recent benchmark for municipal taxation.
3. Is the living space considered small for the area?
At 1,264 sqft, it is slightly below the neighbourhood average of 1,410 sqft but very close to the street average of 1,250 sqft. It offers a moderately sized layout typical for many homes on this specific block.
4. What does the "Above Average" year built ranking for the city mean?
Built in 1984, this home is newer than the Winnipeg city-wide average for comparable homes (1966). This can be an advantage, potentially meaning newer building materials, wiring, or plumbing standards than in much older city homes.
5. Where can I get verified historical sale data?
The site notes that fully verified transaction histories and exact sale figures are not displayed online due to industry rules. They offer a manual lookup service via email to provide those precise records.
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