Property score
60.0
Fair
Overall 60.0 · Smaller than most nearby homes
752 sqft (bottom 1%) · 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
47% 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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60.0 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
59 Knotsberry Bay — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 331 m), 1 education (nearest 270 m), 1 parks (nearest 314 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 1% | Bottom 4% | Bottom 26% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
59 Knotsberry Bay is a 752 sqft bungalow built in 1984, situated on a 4,468 sqft lot in Winnipeg's River Park South neighborhood. With an assessed value of $366k, it presents a specific value proposition within its market.
This home’s primary characteristic is its compact size, which is notably below average for its immediate street and broader neighborhood. This defines both its limitations and its appeal. The appeal lies in its efficiency and affordability within a well-established area. It suits first-time buyers, downsizers, or investors seeking a lower entry point into a stable suburban community like River Park South. The home is one of the newer builds on its street, and its citywide assessed value is close to the Winnipeg average, suggesting the price reflects the smaller scale.
A less obvious perspective is that a home of this size, in a neighborhood of larger properties, could represent a land-value opportunity for the right buyer—the lot, while smaller than others on the street, still provides space. It may also appeal to those seeking a minimalist lifestyle without the maintenance burden of a larger house. The data indicates it last sold between $250k-$300k in 2016, highlighting significant appreciation.
1. Is this a good value for the neighborhood?
The assessed value is below the neighborhood average, largely due to the smaller living area. You are paying less for a smaller home in a desirable area, which can be a strategic entry point.
2. Who would this property suit best?
It's ideal for first-time buyers, empty-nesters looking to downsize, or investors considering a rental property. Its size is less suited for growing families.
3. How does the lot size impact potential?
The lot is smaller than most on the street but is near the citywide average. It offers manageable outdoor space but may limit expansion possibilities compared to neighboring properties.
4. Why is the assessed value higher than the last sold price?
The home sold in 2016 for between $250,000 and $300,000. The current $366,000 assessment reflects market-wide appreciation over the past nine years.
5. How can I get the exact past sale price?
The website provides sold price ranges publicly. For the exact historical sale figure, you must request a manual lookup via email, as MLS data is not displayed on the site.
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