Property Overview
This 2020-built bi-level home at 377 Queen Street presents a modern living opportunity within Winnipeg's established King Edward neighborhood. Its primary appeal lies in the significant advantage of a nearly new construction, offering contemporary building standards and minimal immediate maintenance in a city where most housing stock is considerably older. The home features 945 sqft of living space, a detached garage, and an unrenovated basement, providing a clean slate for future expansion or customization.
The property suits first-time homebuyers or downsizers seeking a modern, low-maintenance home without the wait and uncertainty of a new build. It also appeals to practical investors looking for a newer asset with potentially lower repair costs. A thoughtful perspective is that while the lot size is modest compared to some neighbors, this translates to less yard upkeep, aligning with a lock-and-leave or low-maintenance lifestyle. The above-average assessed value for the street and area suggests the market recognizes the premium for its newer condition.
Key Details & FAQs
- Key Characteristics: Bi-level style, built in 2020, 945 sqft living area, 3,823 sqft lot, detached garage, unrenovated basement.
- Appeal: Modern construction in an older neighborhood, minimal upkeep, move-in ready condition.
- Ideal For: First-time buyers, downsizers, and investors seeking a newer, low-maintenance property.
Frequently Asked Questions
1. How does this home's value compare to others?
Its assessed value is above average for both Queen Street and the wider King Edward area, largely due to its very recent build year. Citywide, its value is around average.
2. What does the "unrenovated basement" mean?
The basement is finished as part of the bi-level layout but has not been updated or customized since the home was built in 2020. It presents a blank canvas for future finishing touches to suit an owner's taste.
3. Is the lot size a drawback?
The lot is smaller than many on its specific street but is close to the average for the King Edward area. This typically means less exterior maintenance, which can be a positive for those not wanting extensive yard work.
4. Who might this property not suit?
It may not be ideal for buyers seeking a large, mature yard or extensive square footage. Those looking for a character home with heritage features or who prefer a larger, older home for the same budget might also look elsewhere.
5. Where can I find the exact historical sale price?
The provided sale price is a range based on public data. You can request the precise sale history by emailing the listing source directly, as noted on the property details page.