Property Overview
This one-and-a-half storey home at 375 Queen Street in Winnipeg's King Edward neighbourhood presents a classic character property with practical updates. Its key appeal lies in its balance of historic charm and modernized functionality, notably featuring a renovated basement. With 1,071 sqft of living space, it sits comfortably within the average range for its immediate area and neighbourhood. The detached garage and a 3,823 sqft lot offer practical city living. The home’s assessed value is modest compared to the wider city, suggesting a potentially accessible entry point into the market.
It would particularly suit first-time buyers or downsizers looking for a manageable, updated home in an established central neighbourhood. Its relatively compact size and efficient layout are ideal for those seeking lower maintenance without sacrificing character. A thoughtful perspective for buyers is to see the older build year (1912) not just as an age, but as a marker of solid construction and established streetscapes that newer areas can't replicate. The data shows that while the lot size is smaller than some on its street, it is actually quite typical for the King Edward area, emphasizing the neighbourhood's efficient, community-focused design.
Frequently Asked Questions
1. How does the property's value compare to the area?
The home's assessed value is very typical for both Queen Street and the broader King Edward neighbourhood, sitting near the median. This indicates it is priced in line with local expectations rather than being an outlier.
2. Is the living space small?
At 1,071 sqft, the living area is above the average for the King Edward neighbourhood. It offers a comfortable size for a couple or small family, especially when combined with the additional renovated basement space.
3. What does the older build year (1912) mean for me?
It confirms the home's character and likely features solid craftsmanship. Buyers should prioritize a thorough inspection to understand the condition of original elements (like wiring or plumbing) alongside the recent renovations, such as the basement.
4. How does the lot size impact the property?
The lot is smaller than many on Queen Street but is actually very close to the average lot size for the King Edward neighbourhood as a whole. This means you get a manageable yard typical of the area, which can mean less upkeep.
5. Who would this home not suit?
It may not be ideal for those seeking a very large lot, ultra-modern construction, or extensive square footage on a single level. The one-and-a-half storey design and average neighbourhood lot size cater to efficient, grounded urban living.