Property Overview: 445 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 445 Queenston Street in North River Heights is a classic, post-war property built in 1946. Its key characteristic is its efficient, modest footprint of 932 square feet of living space, which is notably smaller than most homes on its street and in the established neighbourhood. This is balanced by a reasonably sized lot of just over 4,300 square feet. The assessed value of $442,000 sits around the average for North River Heights but is above the city-wide average, reflecting the enduring desirability of the location.
The appeal lies in a unique combination: entry into a prime, mature neighbourhood without the premium often attached to its larger homes. It suits practical, value-conscious buyers such as first-time homeowners, downsizers, or investors seeking a character property in a top area. It’s a home for those who prioritize location and land over square footage, seeing potential in a manageable structure on a good lot. A thoughtful perspective is that its smaller size and older vintage could mean lower utility costs and a simpler renovation canvas compared to more sprawling, modernized homes in the area.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others?
At 932 sqft, the living area is significantly below the average for North River Heights (approx. 1,540 sqft) and for its specific street (approx. 1,598 sqft). It represents a more compact, efficient floor plan.
2. Is the assessed value in line with the area?
Yes. The $442,000 assessment is very close to the neighbourhood average of ~$479k and is actually above the Winnipeg city-wide average of ~$390k, confirming the value of the location.
3. What is the recent sales history?
The home sold between $400,000-$450,000 in August 2024. This recent sale price aligns closely with its current assessed value.
4. How old is the property, and is that typical?
Built in 1946, it is typical for the North River Heights area, where many homes were built in this era. It is actually slightly newer than the average home in this specific neighbourhood.
5. What is the lot size, and is it a good use of space?
The lot is 4,309 sqft. While below the North River Heights average, it is a standard city lot. The ratio of living space to land suggests a home with a focus on outdoor space, offering potential for gardening, expansion, or simply more yard than is typical for a home of this size.