62 Knotsberry Bay

River Park South, Winnipeg

67.2

Good

Overall 67.2

Smaller than most nearby homes

1,088 sqft (bottom 29%)

Built in 1985 (5 yrs older than avg)

Located in a high-income area

with median household income of ~94k

Transit 74.0

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

23% smaller than neighborhood avg.

Year Built

Near average

5 yrs older than neighborhood avg.

Mother tongue

English · 63%French · 9%

Past 10 years River Park South sales snapshot (~80% of all data)

Sold Count

1,302

Median price

451k

$/sqft

$355/sqft

Avg build year

1990

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Property score

67.2 is composed by the two sections below.

Property Score

57.6Fair
Living Area1,088 sqft52Fair
Year Built198573Good
Lot Size4,484 sqft53Fair
Neighbourhood Sales Activity76Good

Community Score

81.6Excellent
Household Income82Excellent
Education Level82Excellent
Housing Stress74Good
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110500

Community deep dive

$94K

Median household income

$104K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.2

P90 / P10 ratio

25%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)928
Labour force participation rate66%
Median age38.0
Avg household size2.5
Unemployment rate7%
Population density4034 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households25%
Couple families with children29%
Median household income (2020)$94K

Housing

Renter households21%
Condominium dwellings16%
Median dwelling value (owners)$356K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority20%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 63%
Mother tongue (2nd)French · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,088 sqft
0255075100
Same streetBottom 49%Same areaBottom 29%CitywideBottom 38%
Same street · Knotsberry Bay
#25 / 49
Bottom 49% · Avg 1,250 sqft
Same area · River Park South
#2,559 / 3,617
Bottom 29% · Avg 1,410 sqft
Citywide · Winnipeg
#120,125 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

above average
426k
0255075100
Same streetTop 24%Same areaTop 49%CitywideTop 33%
Same street · Knotsberry Bay
#12 / 49
Top 24% · Avg 411.4k
Same area · River Park South
#1,787 / 3,617
Top 49% · Avg 447.2k
Citywide · Winnipeg
#63,603 / 194,458
Top 33% · Avg 390.1k

Year Built

Elite
1985
0255075100
Same streetTop 4%Same areaTop 45%CitywideTop 29%

Lot Size

around average
4,484 sqft
0255075100
Same streetBottom 4%Same areaBottom 27%CitywideBottom 34%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

62 Knotsberry Bay — 7 amenities found within 500 m, across 5 categories, including 1 dining (nearest 296 m), 1 education (nearest 240 m), 1 parks (nearest 328 m).

Search radius
🍽️Dining1
🏫Education1
🌳Parks1
Fuel Stations1
Worship3

Crime & Safety

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%

Sales History

Sold 6/2022CA$450k–500k
Sold price

Same street

Top 18%

Same area

Top 24%

City-wide

Top 21%

Related homes

Highlights & common questions: 62 Knotsberry Bay, Winnipeg

Property Overview

This home at 62 Knotsberry Bay in Winnipeg's River Park South neighborhood presents a balanced, mid-sized offering. Built in 1985, its key appeal lies in its established setting and relative value. The 1,088 sqft house sits on a 4,484 sqft lot, which is more compact than many in the immediate area. Its assessed value of $426k is above average for its street but aligns with broader neighborhood and city averages. The home last sold in June 2022 for an estimated $450k-$500k.

Key Characteristics & Appeal

The property’s primary strength is its position as a well-maintained, average-sized home in a mature neighborhood. Its year built is considered "elite" for Knotsberry Bay, suggesting it may be among the more updated or solidly built on the street. The appeal here is practical: it’s a turnkey option in a settled community without a premium for excessive square footage or land. The lot, while smaller than direct neighbors, offers manageable upkeep.

This home would suit first-time buyers or downsizers seeking a straightforward entry into a stable area like River Park South. It’s for those who prioritize location and a functional layout over expansive room sizes or yard space. A thoughtful perspective is that its "around average" metrics city-wide make it a sensible, benchmark property—neither over-improved nor a fixer-upper, which can provide stability in shifting markets.

Frequently Asked Questions

1. How does the lot size impact the property?
The lot is smaller than most on the street and in River Park South. This means less yard maintenance but also less private outdoor space compared to neighboring homes.

2. Is the assessed value a reliable indicator of the likely selling price?
The $426k assessment is a municipal valuation for tax purposes. The home's last sale price (2022) and current market conditions will be stronger price indicators. Its assessment is above the street average but near the neighborhood average.

3. What does the "elite" ranking for year built mean?
Ranked 2nd out of 49 on its street, this indicates the home is one of the newer houses on Knotsberry Bay. It suggests potentially fewer age-related issues than immediate comparables.

4. How does the living area compare to nearby homes?
At 1,088 sqft, the living space is below the River Park South average but close to the Winnipeg average. It is a moderately sized home, likely with efficient use of space rather than sprawling rooms.

5. Where can I find verified historical sale prices?
The site provides estimated sale ranges. For exact, verified transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.

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