275 Knowles Avenue

Property Overview: 275 Knowles Avenue, Winnipeg

Key Characteristics & Appeal

This 1,976 sqft home, built in 1976, presents a compelling opportunity in Winnipeg’s River East neighborhood. Its primary strength is space: the living area is consistently above average, ranking in the top 12% locally and top 11% city-wide. This suggests a well-sized interior that stands out among peers. The lot size of 9,153 sqft is another significant asset, offering ample outdoor space that ranks in the top 14% for the neighborhood and top 8% across Winnipeg. While the assessed value of $448k is above area and city averages, it aligns closely with the street’s typical value.

The appeal lies in this combination of generous indoor and outdoor space on a substantial lot—a balance that can be hard to find. It suits buyers looking for a established home in a mature neighborhood who prioritize room to grow, garden, or entertain over a newer build. It’s a practical choice for families or those seeking a long-term home with space, where the value is grounded in tangible square footage rather than premium finishes or a recent renovation date.

Frequently Asked Questions

1. How does this home’s value compare to recent sales?
The home sold in August 2022 for between $450,000 and $500,000, a price that placed it in the top 20% on its street and top 12% in River East at that time. This historical sale price is consistent with its current above-average assessed value.

2. Is the lot size typical for the area?
The lot is larger than average for both River East and Winnipeg overall. However, it’s important to note that lots on Knowles Avenue itself are, on average, significantly larger (nearly 19,000 sqft). So while the lot is a standout asset broadly, it is around the median for its specific street.

3. What might the above-average living area mean for utility costs?
While providing more room, a nearly 2,000 sqft home built in the 1970s may have higher heating and cooling costs than smaller or newer builds. Prospective buyers should budget accordingly and consider an energy audit.

4. How can I verify the exact historical sold price?
The displayed sold price is an estimated range. Due to data source rules, exact sale figures are not published online here. You can request the precise transaction history via email from the site, which they provide manually.

5. The home is “around average” for year built on its street. What does that imply?
With an average build year of 1976 for Knowles Avenue, this home is typical of the street’s era. This suggests the immediate area has a consistent, mature character but may also mean that many nearby homes could be approaching similar maintenance or update milestones for roofs, windows, and major systems.