Property Overview: 214 Queenston Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This is a classic 1942 home in the established North River Heights neighborhood. At 937 square feet, it is notably compact compared to most homes on its street and in the area, placing it in the smaller 20% of homes citywide. This creates a distinct value proposition: its assessed value of $421,000 is below the average for Queenston Street, yet is competitive for the neighborhood and above the Winnipeg average. This suggests you are paying for location within a desirable area, not for square footage.
The appeal lies in its efficiency and lot potential. The 4,319 sqft lot is a comfortable size for the area and offers room for gardens, expansion, or outdoor living—a valuable asset the home itself doesn't consume. It suits first-time buyers seeking an entry point into a prime neighborhood, downsizers looking to maintain a great location with less interior space to maintain, or value-focused investors who see potential in the land and the character of an older home. It’s a practical choice for those who prioritize community and location over a large interior, with the understanding that updates may be part of the journey.
Frequently Asked Questions
1. Is this home significantly smaller than its neighbors?
Yes. With 937 sqft of living area, it ranks in the bottom 12% on Queenston Street, where the average home is about 1,598 sqft. This is the home's most defining characteristic.
2. Given its size, is it fairly priced?
The assessed value suggests a balance. It's below the street average ($494.6k) but aligns with the neighborhood average ($479.3k) and sits above the city average ($390.1k). This indicates the price reflects the premium North River Heights location more than the home's scale.
3. What does the sold price history from 2017 tell us?
The home sold for between $250,000 and $300,000 in June 2017. This historical data, while not a current valuation, shows significant appreciation in assessed value over seven years, highlighting the area's strong market trend.
4. How does the lot size compare?
The lot is 4,319 sqft, which is slightly below average for North River Heights but very standard for its specific street. It provides a balanced outdoor space that is not overly burdensome to maintain.
5. Where can I get verified sale history and exact figures?
The site notes that exact sold price data is not displayed due to industry rules. You can request a manual lookup by email, and they will provide the exact figures directly to you, typically by the end of the same business day.