Property score
60.6
Fair
Overall 60.6 · Smaller than most nearby homes
712 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 · 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
50% 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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60.6 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
71 Knotsberry Bay — 5 amenities found within 500 m, across 5 categories, including 1 dining (nearest 342 m), 1 education (nearest 232 m), 1 parks (nearest 289 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 50% | Bottom 43% | Top 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 71 Knotsberry Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 1984 bungalow in River Park South is a compact, single-family home with 712 sqft of living space, situated on a 4,607 sqft lot. Its key characteristic is its efficiency: it is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. This is reflected in its assessed value of $374k, which is below average for its immediate area but aligns closely with the Winnipeg citywide average.
The appeal lies in its position as a relatively affordable entry point into a well-established neighborhood. For the right buyer, the smaller size translates to lower utility costs, less maintenance, and easier upkeep. It suits first-time homebuyers, downsizers looking to simplify without leaving a familiar community, or investors seeking a manageable rental property. A thoughtful perspective is that its older construction date (1984) is actually above average city-wide, suggesting a solid build era compared to much of Winnipeg's older housing stock. While not for those needing ample space, it represents a practical opportunity to secure a detached home in a mature area without the premium price of a larger footprint.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 712 sqft, this home's living area is significantly below the average for Knotsberry Bay (1,250 sqft) and the River Park South neighborhood (1,410 sqft). It is among the smallest homes on the street.
2. Is the assessed value in line with the property's size?
The assessed value of $374k is below the street and neighborhood averages, which is consistent with its below-average square footage. However, it ranks close to the middle of the pack city-wide, indicating the price reflects a balance of location and modest size.
3. What is the recent sales history?
Records indicate the property sold between $350k and $400k in July 2024. For verified, exact sale figures, a manual lookup can be requested from the site.
4. How does the lot size compare?
The lot is 4,607 sqft, which is smaller than the street average but around the average for the River Park South neighborhood. It offers typical outdoor space for the area.
5. Are there many similar, recently sold properties nearby?
The provided data shows several comparable sales in River Park South from 1984-1986 with living areas ranging from 1,000 to 1,768 sqft and assessed values between $376k and $448k, highlighting this home's position at the more compact and affordable end of the spectrum.
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