Property score
51.3
Fair
Overall 51.3 · Larger but older than most nearby homes
1,176 sqft (top 16%) · Built in 1914 (34 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 92.0 · 2-min walk to transit with 8 nearby routes · Within 500m: 12 dining spots, 2 schools, 5 healthcare facilitys, and 3 shops nearby
Living Area
Above average
23% larger than neighborhood avg.
Year Built
Below average
34 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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51.3 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
228 Queen Street — 35 amenities found within 500 m, across 9 categories, including 12 dining (nearest 118 m), 2 education (nearest 318 m), 5 healthcare (nearest 148 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 45% | Bottom 37% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 228 Queen Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1914, presents a classic character property with practical considerations. Its key appeal lies in its above-average living space (1,176 sq ft) for both its immediate street and the King Edward neighbourhood, offering more room than many comparable local homes. The property includes a detached garage and a full, unrenovated basement, providing ample storage or future development potential.
The home’s assessed value is notably below average across all comparison levels, which could signal an entry point into a mature neighbourhood for value-conscious buyers. It suits a first-time buyer, an investor, or a hands-on homeowner comfortable with a property that has a functional, unrenovated basement. A thoughtful perspective is that while the home is older, its living area ranks well locally, suggesting a efficient use of its footprint for its era. The modest land size (3,880 sq ft) is actually slightly larger than the neighbourhood average, offering a manageable yard in an established urban area.
Frequently Asked Questions
1. Is this a good value compared to the area?
The assessed value is significantly below averages for the street, neighbourhood, and city. This typically indicates a lower property tax base and may represent a value opportunity, though it can also reflect the home’s condition or specific market factors.
2. What does "one-and-three-quarter storey" mean?
This is a common architectural style for the era. It typically means the second floor has full-height ceilings under the roof’s main ridge, but the rooms may have sloped ceilings or dormers where the roof line descends, creating cozy, character-filled spaces.
3. The basement is noted as "not renovated." What should I expect?
This indicates the basement is in a functional, likely original state. It offers utility space and storage but would require investment to modernize into finished living space. It’s a blank canvas for future projects.
4. How does the sold history inform the current price?
The home sold in July 2023 for an estimated range of $20.50k to $23.50k. This very recent sale at a price close to its current $200k assessment suggests a stable value trajectory in the short term.
5. The home is over 110 years old. What are the main concerns?
While offering charm, a home of this age requires diligent inspection. Key focus areas should include the foundation, original plumbing and electrical systems, roof, and insulation. The unrenovated state means many original systems may still be in place.
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