Property Overview: 408 Queenston Street, Winnipeg
Key Characteristics & Appeal
This 1,260 sqft home, built in 1945, sits on a 4,309 sqft lot in North River Heights. Its assessed value is $408,000. The data presents a property of contrasts: its living space is notably smaller than most on its street, yet its citywide assessed value ranks above average, suggesting value is driven more by location and land than by interior size. The lot is modest for the neighbourhood but typical for the city overall.
The primary appeal lies in its position within a desirable, established area at a relatively accessible price point for the location. It represents an opportunity to own a character home in North River Heights without the premium often attached to larger properties on the street. This setup would suit a first-time buyer or downsizer seeking neighbourhood amenities and community over expansive square footage. A thoughtful perspective is that the below-average metrics for the street could indicate less competitive bidding compared to larger homes nearby, while the above-average citywide value ranking highlights the enduring worth of the area itself.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is below the average for Queenston Street but ranks above the citywide average. This indicates you are paying a premium for the location, but potentially less than for a larger home on the same block.
2. Is the living space sufficient for a family?
At 1,260 sqft, the living area is below the average for both the street and the broader North River Heights area. It would likely suit a small family, couple, or individual comfortably, but may feel compact for those needing multiple large bedrooms or dedicated living spaces.
3. What does the sold price history indicate?
Records show it last sold in December 2021 for between $500,000 and $550,000. This was a top-tier price performance at the time, ranking in the top 30% locally and top 16% citywide, reflecting strong market demand for the area.
4. Are homes from 1945 expensive to maintain?
A home of this age will likely require thoughtful upkeep. However, its year built is newer than many in North River Heights, which may suggest some infrastructure could be relatively updated compared to older neighbourhood homes.
5. How can I get the exact historical sold prices?
The displayed sold price is an estimated range. For fully verified and exact transaction figures, you must request a manual lookup via email through the site, as this data is not sourced from the MLS.