Property Summary: 488 Queenston Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,184 sqft home, built in 1948, sits on a 4,309 sqft lot in North River Heights. Its core appeal lies in its position as a relatively affordable entry point into a desirable, established neighbourhood. The assessed value of $358k is notably below the local area average, suggesting a potentially lower property tax burden and an opportunity for value-conscious buyers.
The home suits first-time buyers or downsizers seeking character in a mature community without the premium price tag of larger, renovated homes on the street. Its lot size is fairly typical for the immediate area, offering standard outdoor space. A thoughtful perspective is that while the living area is modest compared to neighbours, its city-wide average ranking indicates a practical size for many households. The 1948 build date is actually newer than many homes in North River Heights, potentially implying slightly updated construction norms for its era compared to area peers.
Section 2: Frequently Asked Questions
1. Is this a good value for the neighbourhood?
The data indicates it is. With an assessed value in the bottom 11% for North River Heights and sold prices historically ranking in the bottom half for the area, it presents a below-average cost to enter this neighbourhood.
2. How does the home’s size compare?
At 1,184 sqft, it is smaller than the typical home on Queenston Street and in North River Heights. However, it is close to the average size for the entire city, making it a practically sized, if not expansive, family home.
3. What does the sold price history indicate?
Records show it last sold in May 2022 for an estimated $400k-$450k. This sale price ranked in the top 33% city-wide at the time, but only in the top 57% for the local area, reinforcing its role as a more accessible option within a premium neighbourhood.
4. Is the lot size a pro or con?
The lot is slightly below average for North River Heights but is reasonably aligned with lots on Queenston Street itself. It provides standard yard space for the community but is not an exceptionally large parcel.
5. How can I get the exact historical sold prices?
The precise sale figures are not publicly displayed due to data licensing. You can request the exact sold price history directly via email from the site, and they will provide the verified details manually.