Property Overview: 433 Queenston Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1,258 sqft bungalow, built in 1946, sits on a 4,309 sqft lot in North River Heights. Its core appeal lies in its position as a competitively priced entry point into a well-regarded neighbourhood. The home’s assessed value of $407k is notably below the local street average, suggesting a relative value opportunity for the area. While the living space is modest compared to immediate neighbours, it is closer to the Winnipeg citywide average, representing a more typical footprint.
The property suits first-time buyers or downsizers seeking established character without a premium price tag. Its recent sale in late 2024 indicates a modern, market-tested valuation. A thoughtful perspective is that while the lot size is smaller than many in North River Heights, it remains manageable and could offer lower maintenance—an advantage for those not wanting extensive yard work. The home’s age (80 years) implies a need for due diligence on systems and updates, but also places it as one of the newer homes historically within the neighbourhood, potentially benefiting from some modernizations over time.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is below the average for Queenston Street itself, but aligns more closely with the broader North River Heights area average. This suggests it may offer better value within its specific immediate location.
2. Is the living space smaller than typical?
Yes, compared to other homes on Queenston Street, the living area is below average. However, it is around the average size for the wider North River Heights area and is actually slightly above the average for the entire city of Winnipeg.
3. What is the history of recent sales?
The property sold in September 2024 for an estimated $450k-$500k. Prior to that, it sold in January 2021 for an estimated $300k-$350k, indicating significant appreciation over that period.
4. How does the lot size compare?
The lot is around average for Queenston Street but is below the average lot size for the larger North River Heights neighbourhood. It is a manageable size, which can mean lower maintenance.
5. Where can I get verified sale price details?
The exact sale prices are not publicly displayed due to industry rules. You can request the precise transaction history by emailing the site; they will provide the figures manually without using your email for marketing.