Property Overview
417 Queenston Street is a 1,560 sqft home built in 1948, situated on a 4,309 sqft lot in Winnipeg's North River Heights neighbourhood. With an assessed value of $443,000, it presents as a solid, middle-of-the-road offering in a well-established area. Its appeal lies in its balance and relative value. While it doesn't lead in any single category compared to its immediate neighbours, it holds a stronger position when viewed against the wider city, offering above-average living space and value for Winnipeg overall. This is a home for pragmatic buyers—perhaps young families or professionals—who prioritize a move-in ready footprint in a mature neighbourhood over a premium lot size or a brand-new build. It suits someone looking for a comfortable, no-surprises property that represents a sound, long-term investment in a stable community.
A thoughtful perspective is that this home's "averageness" on its street is a potential strength. It suggests a stable, consistent streetscape without extreme outliers, which can contribute to predictable property values. Additionally, its above-average city-wide ranking for living space indicates you get more interior room here than in most Winnipeg homes, which is a practical advantage not immediately obvious from the street address alone.
Frequently Asked Questions
1. How does this home's value compare to recent sales on the street?
Based on available data, the last sold price in late 2021 fell within the $450,000-$500,000 range. This places that sale in the top 43% for the street, indicating it was a competitive transaction. The current assessed value of $443,000 is slightly below the street's average, suggesting a potentially realistic entry point for the market.
2. Is the lot size a disadvantage?
The 4,309 sqft lot is below the average for North River Heights but is around average for the specific street. It provides a manageable yard space typical for the block. For buyers seeking extensive outdoor space for gardening or expansion, it may feel limited, but for those wanting lower maintenance, it could be ideal.
3. What should I consider about a home built in 1948?
The home is older than most in Winnipeg but is typical for its desirable, established neighbourhood. While it may have the character and solid construction of its era, a thorough inspection is crucial to understand the condition of major systems like plumbing, electrical, and the roof, which may have been updated over time.
4. Why are the rankings for "Year Built" so different?
This highlights the character of North River Heights. The home is newer than most in the immediate area (top 12%), showing the neighbourhood has older housing stock overall. Conversely, it's older than most homes across Winnipeg (top 74%). This underscores that you're buying into a mature, historic area.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges for context. To obtain exact, verified sale figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.