Property Overview: 469 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 469 Queenston Street in North River Heights is a classic post-war property, built in 1949. With 1,344 square feet of living space on a 4,309 sqft lot, its size is modest yet functional, positioning it as an average-sized home for its immediate street and the broader North River Heights area. Its assessed value of $495,000 is notably above the Winnipeg city-wide average for comparable homes, reflecting the desirability of the neighbourhood.
The primary appeal lies in its established location and relative value. While the home itself is not large by neighbourhood standards, it sits in a mature, sought-after community. A thoughtful perspective is that this property represents a strategic entry point into North River Heights—a chance to secure a lot and location in a prime area, with the home itself offering potential for updates or personalization over time. It would suit first-time buyers or downsizers looking for a stable, character neighbourhood without the premium for a larger, fully renovated home. The data suggests it’s a “neighbourhood play,” where the value is anchored more by location than by the size or newness of the structure.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is very close to the average on Queenston Street itself ($494.6k) and in North River Heights ($479.3k). However, it sits above the city-wide average, indicating you are paying a premium for the specific location within Winnipeg.
2. Is the living space smaller than other homes in the area?
Yes, but context matters. At 1,344 sqft, it is smaller than the average home on its street (1,598 sqft) and in North River Heights (1,540 sqft). This contributes to its position as a potentially more affordable option in the neighbourhood.
3. What does the sold price history indicate?
The property last sold in September 2022 for an estimated $500k–$550k. This sale price was in the top 14-24% compared to city-wide, street, and area sales, confirming strong buyer demand for properties in this location.
4. Is the lot size a disadvantage?
The 4,309 sqft lot is below average for North River Heights but is around average for the specific street. It provides a typical urban yard for the area—manageable for maintenance while still offering private outdoor space.
5. Where can I get verified sale history and exact figures?
The site’s data is compiled from public records, not the MLS. For fully verified transaction history and exact sale prices, you must request a manual lookup via email from the site providers, as industry rules prevent the direct display of MLS sold data here.