Property Overview: 463 Queen Street, Winnipeg
Key Characteristics & Appeal
This 2016 bi-level home at 463 Queen Street in Winnipeg's King Edward neighbourhood offers a modern living option in a well-established area. Its primary appeal lies in its contemporary build, which stands out significantly among neighbouring properties. With a living space of 1,037 sqft and a renovated basement, it provides efficient, move-in-ready space without the maintenance concerns common in much older homes.
The home suits first-time buyers or downsizers seeking a newer, low-maintenance property in a central location. Its above-average assessed value for the street and neighbourhood suggests it is perceived as a premium offering in the immediate area. A thoughtful perspective is the trade-off: while the lot size is smaller than many on Queen Street, this often translates to less yard upkeep, aligning perfectly with a modern, efficient lifestyle. The property represents an opportunity to own a relatively new home without moving to the distant suburbs, offering a blend of recent construction comforts within the mature fabric of a long-standing community.
Frequently Asked Questions
1. How does the lot size impact the property?
The land area is more compact than many lots on Queen Street, but it is close to the average for the broader King Edward neighbourhood. This typically means a smaller yard to maintain, which can be a benefit for those seeking a low-maintenance outdoor space.
2. What does the "above average" assessed value indicate?
The assessed value is higher than most comparable homes on the street and in the neighbourhood. This generally reflects the modern build year and renovated condition, suggesting the property has features or a condition that the market values above older, unrenovated homes in the area.
3. Is the 2016 build year a significant advantage?
Yes. The home is newer than approximately 96% of homes on Queen Street and 93% in King Edward. This is a major characteristic, implying modern building standards, newer major systems (like plumbing and electrical), and potentially greater energy efficiency, which can reduce immediate repair costs and utility bills.
4. What is the neighbourhood context for this home?
King Edward is a mature neighbourhood. This home is a modern infill property, meaning it is a newer construction built on a lot where an older home likely once stood. Buyers get the benefits of a new home while being integrated into an established community with mature trees and settled infrastructure.
5. Where can I find the exact historical sale price?
The listing service provides sold price ranges based on public data. To obtain the precise sale price from its last transaction, you must request it directly from the listing platform via email, as they manually provide that specific figure.