Property Overview: 276 Queen Street, Winnipeg
This one-and-a-half storey home in the King Edward neighbourhood presents a practical opportunity in Winnipeg’s market. Built in 1922, it features 955 sqft of living space, a detached garage, and a full, unrenovated basement on a 3,881 sqft lot. The data suggests it is a very typical home for its immediate area—ranking around the middle of the pack among neighbours for size, value, and lot dimensions. Its appeal lies in its consistency and predictability within a well-established community. For city-wide comparisons, however, it sits below average for living space and lot size, indicating it offers a more compact, lower-maintenance footprint.
This property would suit a first-time buyer or an investor looking for an entry point into a stable neighbourhood without the premium of a modern or larger home. It’s a straightforward home for someone comfortable with a property that may require updates over time, particularly the basement. A thoughtful perspective is that its "average" metrics locally could mean less volatility and more predictable costs, which is a form of financial stability often overlooked in favour of chasing high-performing outliers.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is significantly below the city-wide average, placing it in the top 83% (meaning it’s less expensive than 83% of homes). This highlights it as a more affordable option within the broader market.
2. Is the basement finished?
No, the basement is noted as not being renovated. This presents both a future project opportunity and a factor in the home’s current valuation.
3. What is the typical price trend for this home?
Based on available sold price ranges, the home has appreciated from a sale between $10.5k-$13.5k in 2016 to between $25.5k-$28.5k in 2022. This indicates growth, but exact figures require direct verification.
4. How does the lot size compare to the neighbourhood?
At 3,881 sqft, the lot is slightly larger than the King Edward area average. This means you get a bit more outdoor space than many nearby properties, which is a subtle advantage.
5. Where can I get the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them by email through the listing service, which provides the data manually without using your email for unsolicited marketing.