Property score
48.4
Below average
Overall 48.4 · Larger but older than most nearby homes
1,060 sqft (top 26%) · Built in 1912 (36 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 100.0 · 1-min walk to transit with 8 nearby routes · Within 500m: 8 dining spots, 2 schools, 4 healthcare facilitys, and 3 shops nearby
Living Area
Above average
11% larger than neighborhood avg.
Year Built
Below average
36 yrs older than neighborhood avg.
Mother tongue
English · 72%Tagalog · 8%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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48.4 is composed by the two sections below.
Property Score
Community Score
King Edward
How to read: Share of sales in each ~$50k price band for “king edward” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110244
$58K
Median household income
$66K
Average household income
15%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
42%
Single-person households
10%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
212 Queen Street — 29 amenities found within 500 m, across 8 categories, including 8 dining (nearest 66 m), 2 education (nearest 280 m), 4 healthcare (nearest 86 m).
King Edward · WPS public data · 2026
Annual incidents
32
2026
vs. city avg
+8%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 46% | Bottom 39% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 212 Queen Street, Winnipeg
Key Characteristics & Appeal
This is a classic two-storey home built in 1912, presenting a straightforward opportunity in Winnipeg's King Edward neighbourhood. With 1,060 sqft of living space, it sits around the average size for its immediate area. The lot size of 3,804 sqft is typical for King Edward but is notably smaller than many city-wide comparisons, suggesting a more manageable outdoor space. A key point of consideration is the home's assessed value, which is significantly below the Winnipeg average, indicating a property that may be valued for its land or seen as a candidate for modernization.
The appeal lies in its positioning as a practical entry point into the market. It suits a buyer comfortable with a home of vintage character, likely requiring updates, who prioritizes location and lot ownership over move-in-ready finishes. It's a fit for a hands-on first-time buyer, an investor looking for a hold-and-renovate project, or someone seeking a lower-cost footprint in the city. A less obvious perspective is that its "below average" metrics compared to the wider city might actually represent an efficient, lower-maintenance property without the premium for excess space, appealing to minimalist or budget-conscious lifestyles.
Frequently Asked Questions
1. What is the true market value, given the low assessed value?
The assessed value for taxation purposes ($22,600) is not a market price. It reflects a historical valuation formula and is notably below city averages. The actual market value will be determined by recent neighbourhood sales, property condition, and buyer demand.
2. What should I expect regarding the condition of a 1912 home?
While specifics require a professional inspection, a home of this age likely has original foundations, wiring, and plumbing. The listing notes an unrenovated basement, so budgeting for essential systems updates, insulation, and potential knob-and-tube wiring replacement is prudent.
3. How does the lot size impact potential?
At 3,804 sqft, the lot is manageable but may limit extensive expansions or additions compared to larger plots. It's essential to check local zoning bylaws for setback requirements and permissible building coverage to understand any renovation or development potential.
4. Are the sold price ranges for nearby homes accurate comparisons?
The provided ranges (e.g., 210 Queen Street sold for $20.5k-$23.5k in 2021) are based on public data estimates. For precise, verified sale prices to inform your offer, you must request the exact history from the provided service, as these figures may not reflect final closing amounts.
5. What are the ongoing costs like in this area?
With a lower assessed value, municipal property taxes may be relatively modest. However, insurance costs for an older, unrenovated home can be higher, and utility bills may be elevated if the insulation and mechanical systems are original.
