Property Overview: 455 Queen Street, Winnipeg
Key Characteristics & Appeal
This 858 sqft bi-level home at 455 Queen Street, built in 1974, presents a practical and value-oriented opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in a combination of above-average land size for the area and a recently renovated basement, offering potential for flexible living space. The detached garage adds practical storage or workshop space.
The property’s assessed value ranks notably above average for both its immediate street and the broader King Edward area, suggesting it is viewed favorably relative to its local peers. With a living area that is typical for the neighbourhood, the home suits buyers looking for a manageable footprint without sacrificing yard space—the 5,575 sqft lot is significantly larger than many in King Edward.
This home would best suit first-time buyers, downsizers, or practical investors seeking a solid entry into the market with a property that stands out for its lot size and recent updates to the basement. It’s a grounded choice for those who prioritize outdoor space and functional improvements over a larger interior or a newer build.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 858 sqft, the living area is close to the average for both Queen Street and the King Edward neighbourhood, but below the city-wide average. It’s a comfortably sized home for individuals, couples, or small families.
2. What does the “above average” assessed value ranking mean?
The assessed value ranks in the top 21-26% for the local area, meaning it is valued higher than most comparable homes nearby. This can indicate desirable attributes or updates, but it's important to compare this to recent sale prices and market conditions.
3. Is the 1974 build date a concern?
While newer than most homes on the street and in King Edward, a 52-year-old home will likely have older major systems (like roof, windows, plumbing). The renovated basement is a positive update, but a thorough inspection is recommended.
4. What are the advantages of the lot size?
The lot is over 5,500 sqft, which is larger than about 92% of lots in King Edward. This provides ample private outdoor space, room for gardening, or future expansion like a deck or shed, which is a rare find in the area.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. The exact sale price from the last transaction is available by request via email from the listing source, as they manually verify this information.