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 · 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
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
43 Knotsberry Bay — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 320 m), 1 education (nearest 329 m), 1 parks (nearest 359 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 27% | Top 36% | Top 28% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 43 Knotsberry Bay, River Park South, Winnipeg
Section 1: Key Characteristics & Appeal
This 980 sqft bungalow, built in 1984, sits on a standard 4,642 sqft lot in the established River Park South neighborhood. Its key characteristic is its position as a competitively priced, entry-level home in a mature area. The appeal lies in its value proposition: while its living space is below the local averages, its assessed value of $376k is very close to the Winnipeg city-wide average, suggesting a more affordable point of entry into a stable neighborhood. The home last sold for an estimated $400k–$450k in mid-2024.
This property would best suit first-time buyers or downsizers seeking a lower-maintenance footprint without leaving a well-regarded community. It’s a practical choice for those who prioritize location and lot ownership over square footage, offering a chance to build equity. A thoughtful perspective is that its older construction date (1984) is actually an advantage on its street and city-wide, indicating a potentially more solid build quality compared to many Winnipeg homes, and it may have seen fewer major renovations, allowing a new owner to customize without overpaying for recently updated finishes.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 980 sqft, the home is notably cozier than many in River Park South. It demands efficient use of space and would feel cramped for a large family, but it is manageable for individuals, couples, or small families comfortable with a simpler layout.
2. How does the assessed value compare?
The $376k assessment is below average for the street and neighborhood, but aligns closely with the Winnipeg average. This suggests the property is priced for its location within the city rather than as a standout on its block, which can represent a value opportunity.
3. What does the sale history indicate?
The home sold in May 2024 within the $400k–$450k range, which placed it in the top 27-36% of sales for the area at that time. This recent turnover indicates sustained market interest at that price point.
4. What are the less obvious considerations?
The lot size, while average for the area, is smaller than the city-wide norm. This means smaller outdoor maintenance but less potential for expansion. Additionally, being built in 1984 places it before certain building code updates; a thorough inspection for original components like wiring, plumbing, and insulation is advisable.
5. How can I verify the exact past sale price?
The provided data is based on public records, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site provider, who will email you the official transaction history.
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