Property score
43.7
Below average
Overall 43.7 · Compared with neighbourhood average
849 sqft (bottom 39%) · Built in 1918 (30 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: 10 dining spots, 3 healthcare facilitys, 2 shops, and 8 parks nearby
Living Area
Below average
11% smaller than neighborhood avg.
Year Built
Near average
30 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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43.7 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
304 Queen Street — 30 amenities found within 500 m, across 8 categories, including 10 dining (nearest 256 m), 3 healthcare (nearest 284 m), 2 shopping (nearest 243 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 14% | Bottom 8% | Bottom 3% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 304 Queen Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1918, presents a classic Winnipeg character property with significant value-focused potential. Its key appeal lies in its substantial 5,821 sqft lot, which is notably larger than most in the King Edward neighbourhood, offering rare space for gardens, expansion, or future development. The house itself, at 849 sqft with an unfinished basement and a detached garage, is modest in size and condition, reflected in its well-below-average assessed value.
This property is ideally suited for a specific type of buyer. It’s a prime opportunity for an investor or handy first-time buyer looking for an entry point into the market with a focus on land value and long-term potential, rather than immediate move-in readiness. The low financial barrier, combined with the generous lot size, makes it a canvas for renovation, a hold for land value appreciation, or a potential candidate for future redevelopment, subject to zoning. It’s less suited for those seeking a turn-key or modern living space without a willingness to undertake projects.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value is based on the property's current state, size, and recent local sales. The modest, unrenovated condition of the 849 sqft home and its below-average finishes for the area result in a low assessment, which is a key factor in its affordability.
2. What does "Top 6%" for Land Area in King Edward mean?
It means this property's lot size is larger than 94% of comparable properties in the King Edward neighbourhood. This is its most standout feature, indicating you are getting significantly more land than is typical for the area.
3. Is the unfinished basement a drawback?
It depends on your goals. For a renovator, it’s a blank slate for adding living space, storage, or mechanical upgrades. For a buyer wanting immediate finished space, it represents a future project and cost. It has not been renovated, so any systems (like plumbing or electrical) may be original or dated.
4. The home sold in 2023 for a relatively low price. What does that indicate?
The recent sale price aligns with the low assessed value and suggests the market views it as a value-play property, likely purchased for its land potential or as a renovation project. It underscores the property's status as a foundation for future investment rather than a premium, updated home.
5. Who should be most interested in this property?
Primarily value-driven investors, renovation-minded buyers, or those with a long-term hold strategy who believe in the underlying land value. The numbers suggest you are paying primarily for the land within a established neighbourhood, with the existing house offering optionality.
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