Property Overview: 243 Knowles Avenue, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 243 Knowles Avenue presents a practical and well-sized offering in Winnipeg's River East neighborhood. Its primary appeal lies in its efficient use of space: the 1,709 sqft living area is consistently above average for its street, neighborhood, and the city overall, suggesting a comfortable interior layout that makes good use of its footprint. Built in 1978, it is a relatively modern structure compared to many Winnipeg homes.
The property suits buyers seeking a move-in-ready, low-maintenance home without a large yard to manage. The lot size is notably smaller than others on Knowles Avenue, which translates to less exterior upkeep—a benefit for busy professionals, small families, or downsizers. Its assessed value sits around the average for the area, indicating it is priced in line with market expectations rather than being a premium or fixer-upper project. A thoughtful perspective is that this home represents a "sweet spot" of space versus maintenance; you get more interior room than many comparable properties, but without the burden of a large, demanding yard.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
While the land area is smaller than many lots on its specific street, it is close to the neighborhood and city averages. This typically means lower maintenance costs and less time spent on yard work, which can be a significant advantage for many buyers.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $415k is used for municipal tax purposes. It provides a general benchmark, showing the home is valued around the middle range for the area. Market conditions, the home's interior condition, and recent upgrades will ultimately determine the selling price.
3. What does the sold price history from 2016 tell us?
The home sold for between $350k and $400k in July 2016. This historical data is useful for understanding long-term market trends in the area, but it does not reflect current value, which will be influenced by market changes over the past nine years.
4. How does this home compare to its immediate neighbors?
The home is newer and has more living space than several nearby properties on Knowles Avenue. This suggests it may offer more modern features and roominess compared to some direct comparables in the immediate vicinity.
5. Where can I find verified, exact sold price data for this area?
The provided data is based on public records. For fully verified sales figures and a complete transaction history, you must request a manual lookup from the site, as they do not display MLS-sourced sold records due to industry regulations.