Property Overview: 413 Queenston Street, Winnipeg
Key Characteristics & Appeal
This 1,459 sqft home, built in 1948 on a 4,309 sqft lot in North River Heights, presents a balanced and practical opportunity. Its primary appeal lies in its relative value and established neighbourhood setting. With an assessed value of $422k, it sits below the average for Queenston Street itself, suggesting a potentially more accessible entry point into a desirable street. The home’s living space is comfortably sized, ranking around the middle compared to both the immediate area and the wider city, indicating a practical, no-fuss footprint.
A thoughtful perspective is that this home represents a "neighbourhood buy" rather than just a house. While the lot size is modest for North River Heights, it offers manageable upkeep. The 1948 build date is notably newer than many area homes, which could imply updates over the years or different construction materials. This property would suit value-conscious buyers looking for a solid home in a prime area without paying a premium for the largest lot or square footage. It’s ideal for those who prioritize location and community over sheer size, possibly including young professionals, small families, or downsizers seeking a single-family home with character and less maintenance.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $422k is for municipal tax purposes and is typically below market value. Notably, it's lower than the average on Queenston Street, which may indicate a more competitive asking price, but the final sale price will be determined by current market conditions.
2. What does the sold price history from 2016 tell us?
The home sold for between $300k-$350k in July 2016. This historical data provides a benchmark for past appreciation but does not dictate current value, as the Winnipeg market has evolved significantly since then.
3. Is the lot size a disadvantage?
At 4,309 sqft, the lot is below the average for North River Heights. This means less yard space but also translates to lower maintenance. For buyers who prefer gardening or outdoor living, it's a consideration; for those seeking ease, it can be an advantage.
4. How does the age of the home (1948) affect it?
Built in 1948, this home is newer than many in the neighbourhood. This could mean fewer concerns with very old plumbing or wiring found in pre-war homes, but a thorough inspection is still essential to understand the condition of the roof, foundation, and any updates.
5. Where can I get verified sold price data for comparable homes?
The site notes that due to industry rules, MLS sold data is not displayed. They offer a manual lookup service where you can request exact, verified sales history for this property via email, which they will provide without using your email for marketing.