Property Overview: 428 Queenston Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a well-established, character home built in 1945, offering 1,558 sqft of living space on a 4,309 sqft lot in the desirable North River Heights neighbourhood. The data presents a home that is solidly positioned within its local market. Its living space is comfortably above the Winnipeg city average, while its assessed value of $448k is notably higher than the city-wide norm, reflecting the premium for the area. On its own street and within North River Heights, the home’s size and value are consistently around the average, indicating it’s a typical, well-matched property for this community.
The appeal lies in its balance and location. It offers the space and charm of a classic home without being an outlier in terms of upkeep or scale, making it a practical choice. A thoughtful perspective is that its "average" standing locally could be a stability advantage, potentially insulating it from market extremes. It suits buyers seeking a move-in ready character home in a prime neighbourhood, who value being part of a consistent streetscape rather than owning the largest or newest house on the block. It would also appeal to those looking for a city-wide upgrade in space and neighbourhood prestige without venturing into a top-tier, high-maintenance property.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value ($448k) is for municipal tax purposes and is a starting point. The recent sale history on the street and in the area, where comparable homes have sold between $450k and $500k, is often a more direct indicator of current market value.
2. Is the lot size a disadvantage?
At 4,309 sqft, the lot is smaller than the average for North River Heights. However, it is close to the average for Queenston Street itself. This means you get the neighbourhood amenities and prestige with a yard that is manageable, potentially appealing to those who prefer less maintenance.
3. What should I consider about a home built in 1945?
While the home has enduring character, its age means a thorough inspection is essential. Focus on the condition of major systems (roof, wiring, plumbing, foundation) and updates to windows and insulation. The home is older than the Winnipeg average, so understanding its maintenance history is key.
4. How does this home compare to others in Winnipeg?
The data shows this home offers more living space than 73% of properties city-wide and has a higher assessed value than 71% of Winnipeg homes. This highlights you are purchasing above-average space and value for the broader market, situated in a sought-after neighbourhood.
5. Where can I get verified sale price history for this home?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing them directly; they provide this information manually at no cost.