Property Overview: 432 Queenston Street, Winnipeg
Key Characteristics & Buyer Appeal
This home at 432 Queenston Street in North River Heights is a classic 1945-built bungalow with 1,162 sqft of living space on a 4,309 sqft lot. Its assessed value is $415,000. The appeal lies in its position as a solid, established property in a desirable neighbourhood. The data reveals a nuanced story: while the home’s size and assessed value are below the averages for its specific street and immediate area, they are much more aligned with—or even above—city-wide averages. This suggests you’re buying into a prime location where property standards are high, but acquiring a home at a more accessible entry point.
It would particularly suit a first-time buyer or downsizer seeking character and location over sheer square footage. The lot size is manageable for low-maintenance outdoor space, and the home’s age is actually newer than many in North River Heights, potentially indicating updates or a favourable construction era. A thoughtful buyer might see value in the below-street-average assessment, as it could represent an opportunity to add value through thoughtful updates while being anchored in a stable, high-demand community.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $415,000 is below the average for Queenston Street itself ($494.6k) but is very close to the average for the broader North River Heights area ($479.3k). This indicates it sits at a more moderate price point on a street of generally higher-valued homes.
2. Is the living space smaller than typical homes in the area?
Yes. With 1,162 sqft, it is notably smaller than the average home on Queenston Street (~1,598 sqft) and in North River Heights (~1,540 sqft). However, it is close to the average for all homes across Winnipeg (~1,342 sqft).
3. What is the property’s recent sales history?
It sold most recently in September 2023 for an estimated $500,000–$550,000. Prior to that, it sold in September 2016 for an estimated $300,000–$350,000.
4. How can I find out the exact past sale prices?
The site provides sold price ranges publicly. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
5. How does the lot size compare?
The 4,309 sqft lot is slightly smaller than the average for both Queenston Street and North River Heights, but is a comfortable, standard city lot that requires less upkeep than larger properties.