Property score
40.5
Below average
Overall 40.5 · Older than most nearby homes
835 sqft (bottom 36%) · Built in 1908 (40 yrs older than avg)
Located in a average-income area with median household income of ~58.4k
Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 11 dining spots, 3 healthcare facilitys, 1 shop, and 8 parks nearby
Living Area
Below average
12% smaller than neighborhood avg.
Taon ng Paggawa
Below average
40 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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40.5 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 na bahay (hindi 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.
Lupa: mas malaki = mas magandang ranggo
Taon: mas bago = mas magandang ranggo
Living area: mas malaki = mas magandang ranggo
Assessed value: mas mataas = mas magandang ranggo
Bar: ang haba ng fill ≈ bahagdan ng mga kapantay na na-outperform mo; gradient na pula → dilaw → asul sa axis (pakaliwa pakanan). Putol-putol na vertical line ≈ median benchmark; puting tick (may shadow) = posisyon mo. Mga kulay ng badge / diamond at flame icon ay sumasalamin pa rin sa tier.
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.
Mga malapit na hinto, ruta at transit score
Dining, education, healthcare, shopping & more
292 Queen Street — 29 amenities found within 500 m, across 8 categories, including 11 dining (nearest 275 m), 3 healthcare (nearest 284 m), 1 shopping (nearest 223 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%
Parehong kalye
Parehong lugar
Buong lungsod
| Sukat | Parehong kalye | Parehong lugar | Buong lungsod |
|---|---|---|---|
Presyo ng benta | Bottom 28% | Bottom 14% | Bottom 5% |
Humiling ng eksaktong mga numero sa email
Address · Year Built · Living Area
Address · Distansya
Address · Assessed Value
Property Overview: 292 Queen Street, Winnipeg
Key Characteristics & Appeal
This is a compact, century-old home (built 1908) on a standard city lot in Winnipeg's King Edward neighbourhood. The 835 sqft, one-and-a-half storey house features a detached garage and an unfinished basement. Its most defining characteristic is its exceptionally low municipal assessed value, which places it in the bottom 3-5% of homes locally and citywide.
The primary appeal lies in its position as a true entry-point into homeownership. It suits buyers with a very limited purchase budget who prioritize securing a land title over move-in condition or modern space. It is a project property, ideal for an investor looking for a long-term hold with minimal initial tax and carrying costs, or for a hands-on owner willing to live through a gradual, sweat-equity renovation. A less obvious perspective is its potential as a multi-generational solution; the low cost could allow a family to purchase it for an elderly relative or adult child while maintaining financial flexibility. The lot size is typical for the area, offering standard outdoor space without the maintenance burden of a larger yard.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property's current state, market area, and characteristics. For this home, its age, smaller size, and the condition of its finishes and systems (like the unrenovated basement) result in a valuation significantly below newer or updated homes.
2. What does "Sold 3/2025: 14.50k ~ 17.50k" mean?
This indicates the property sold in March 2025. The price range is an estimate based on publicly available data. To obtain the exact, legally registered sale price, you must request it via the provided email service.
3. Is this a "tear-down" property?
While the low value and age might suggest that, it's not a given. The decision to renovate or rebuild depends on the foundation's integrity, the new owner's budget, and local zoning. Its standing structure offers a live-in renovation option, which can be more cost-effective than a full rebuild.
4. What are the typical ongoing costs for a home with this assessment?
Property taxes will be very low relative to most Winnipeg homes, a significant ongoing advantage. However, utilities and insurance costs may be higher than average due to the age and potential inefficiency of the building's envelope and systems.
5. How does the living space compare to the neighbourhood?
At 835 sqft, the living area is slightly below the average for King Edward (~952 sqft) but is a fairly typical size for the immediate street. It offers compact, functional space rather than roominess, aligning with the neighbourhood's historic housing stock.
