Property Overview: 161 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 161 Queenston Street in North River Heights is a character property with practical appeal. Built in 1928, it offers 1,248 sqft of living space on a 4,319 sqft lot, presenting a more compact and manageable footprint compared to many area homes. Its assessed value of $389k is notably below the averages for both its immediate street and the broader North River Heights neighbourhood, suggesting a potentially accessible entry point into this established area.
The primary appeal lies in its value positioning within a desirable neighbourhood. It suits first-time buyers or downsizers seeking character-home charm without the premium price tag of larger, renovated properties on the street. It’s also a candidate for buyers with a vision for gradual updates, as the lower assessment may provide some budgetary flexibility for improvements. A less obvious perspective is that its smaller scale and lot size could mean lower ongoing utility and maintenance costs compared to the neighbourhood's larger average homes, aligning with a practical, efficient lifestyle.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
The home last sold between $300k-$350k in January 2020. Its current $389k assessment is significantly below the average assessed value on Queenston Street (approx. $494.6k), indicating it may be valued conservatively relative to its immediate peers.
2. Is the living space smaller than typical for the area?
Yes. With 1,248 sqft, it is below the average living area for both Queenston Street (~1,598 sqft) and the North River Heights neighbourhood (~1,540 sqft). It offers a more compact layout.
3. What does the "below average" year built ranking mean?
Built in 1928, the home is older than most on its street (where the average build year is 1947). This typically indicates classic construction and potential for heritage charm, but buyers should be prepared for the maintenance and update needs common to homes of this era.
4. Is the lot size a constraint?
The 4,319 sqft lot is around average for Queenston Street but below average for North River Heights. It provides a standard urban yard space but may not offer as much expansive outdoor room as some larger lots in the wider neighbourhood.
5. How can I verify the exact historical sold prices?
The provided sold price is a public record estimate. Due to industry regulations, exact MLS sold data is not displayed. You can request the full, verified transaction history by emailing the site directly for a manual lookup.