Property Overview: 67 Knotsberry Bay, River Park South, Winnipeg

Section 1: Key Characteristics & Appeal

This 1984-built home in River Park South presents a solid, middle-of-the-road offering with practical appeal. Its key characteristic is consistency: at 1,446 sqft, the living space is reliably above average for its immediate street and aligns closely with neighborhood and city averages. The assessed value of $418k follows a similar pattern, sitting comfortably within the expected range for the area. This suggests a property that is neither undervalued nor overpriced relative to its fundamentals.

The home’s appeal lies in its established neighborhood setting and its relative modernity compared to the Winnipeg average. Being built in 1984 places it slightly newer than many city homes, which can be attractive for buyers wary of the maintenance challenges of older construction. While the lot size is somewhat smaller than others on Knotsberry Bay, it remains in line with the neighborhood standard, offering manageable outdoor space.

This property would best suit pragmatic buyers—perhaps young families or professionals—seeking a move-in-ready home in a stable area without extreme outliers in size, value, or age. It’s for those who prioritize neighborhood fit over finding a "diamond in the rough" or a standout bargain, offering a balanced entry into the River Park South community.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the home sold in the $450k-$500k range in August 2022, which placed it in the top 23% of sale prices for the street at that time. This indicates it has historically commanded a value at the stronger end of the spectrum for Knotsberry Bay.

2. Is the lot size a disadvantage?
The lot of 4,607 sqft is below the average for Knotsberry Bay but is typical for River Park South overall. It may mean less yard space than some direct neighbors but likely requires less maintenance—a trade-off that could suit buyers looking for a more manageable property.

3. What does the "above average" year built mean for me?
Built in 1984, the home is newer than many in Winnipeg. This can suggest updated building materials and systems compared to mid-century homes, but it is still 40 years old. Prospective buyers should still prioritize a thorough inspection of roof, windows, and major mechanical systems common to that era.

4. Are the assessed value and likely sale price the same?
Not necessarily. The assessed value ($418k) is for municipal tax purposes. The home’s market value is influenced by current conditions, recent comparable sales, and the property’s specific state. The 2022 sale price provides a more recent market benchmark.

5. How can I verify the exact past sale prices?
The website provides estimated price ranges. Due to industry rules, exact MLS sale figures are not displayed. You can request the exact sold price history directly via email from the site, which they will provide manually without using your email for marketing.