Property Overview: 573 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1951, is situated on a standard-sized lot in the established Central River Heights neighbourhood. Its primary appeal lies in its generous and above-average living space (1,889 sq ft), which offers more room than most homes on its street and significantly more than the typical Winnipeg house. A key feature is the renovated basement, adding valuable finished space. The property includes a detached garage.
The home suits buyers looking for a character home with ample interior space in a prime, central location, without the premium lot size often associated with the area. It represents a solid, middle-ground option: it’s not the newest or largest lot on the block, but it provides more interior square footage than many comparable properties. This makes it particularly well-suited for those who prioritize indoor living and finished space over extensive outdoor grounds, or for someone seeking a move-in-ready basement without a renovation project.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
The land area is around average for Queenston Street but is below the typical lot size for the broader Central River Heights neighbourhood. This suggests a well-sized yard for the street itself, though not as expansive as some larger plots found elsewhere in the area.
2. Is the living space as large as it seems?
Yes. The living area ranks in the top 24% on its street and the top 10% within Central River Heights, meaning it offers significantly more interior space than most homes in the immediate vicinity.
3. What does the assessed value indicate?
The assessed value is above average for both the neighbourhood and city-wide, but around average for Queenston Street. This often reflects the home’s desirable location and above-average living area, balanced with its vintage and standard lot size.
4. How old is the home, and what does that mean?
Built in 1951, the home is of a typical vintage for its street and neighbourhood. Buyers should anticipate the potential for updates common to homes of this era, though the renovated basement is a notable modernized feature.
5. What is the context of the last sale price?
The home sold in July 2020 for $45,200. It is crucial to have a real estate professional provide a current market analysis, as this historical price reflects pre-2020 market conditions and does not represent today’s value.