322 Queenston Street

Property Overview: 322 Queenston Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home on Queenston Street is defined by its significant scale and premium valuation within a well-established neighbourhood. Built in 1931, it offers generous living space of 2,098 sq ft, placing it well above average for the street, the broader North River Heights area, and the city overall. Its standout feature is its assessed value of $819,000, which ranks in the elite top 2-3% of comparable properties, indicating a home that has been substantially upgraded, expanded, or is situated on a highly desirable parcel.

The appeal lies in acquiring a spacious, character-filled home in a prime inner-city location, with a value that significantly outpaces the neighbourhood norm. It suits buyers who prioritize interior space and modern finishes within a classic setting, and who understand they are investing in a property that already sits at the top tier of its market. A thoughtful perspective is that the lot size, while ample, is slightly smaller than others on the street, suggesting the home’s value is driven more by the dwelling itself than by land potential for expansion. This is a property for those seeking a move-in-ready, high-calibre home rather than a redevelopment project.

Frequently Asked Questions

1. Why is the assessed value so much higher than neighbouring properties?
The assessment ranks in the elite top 2-3% for the area, strongly suggesting major renovations, additions, or premium interior finishes that have substantially increased its value above that of a standard 1930s home.

2. Is the smaller lot size a concern?
At 4,307 sq ft, the lot is functional but slightly below the average for Queenston Street. This indicates the property’s premium is likely tied to the size and condition of the house itself. It offers less yard space but may require less maintenance.

3. What does the 1931 build date mean for maintenance?
While the home is older than most on the street, its high assessment often reflects significant updates to major systems (like roof, wiring, plumbing). A thorough inspection is crucial to understand which classic charms remain and which components have been modernized.

4. How does the living area compare to nearby homes?
With over 2,000 sq ft, it provides considerably more space than the average home in North River Heights (~1,540 sq ft). This makes it ideal for families or those wanting larger rooms, a home office, or more formal living areas.

5. Where can I find verified sales history for this property?
As noted, detailed sales history is not published online due to industry regulations. You can request exact historical sales figures directly via the email option provided on the listing page for a manual lookup.