51.1
Fair
Property score
51.1
Fair
Overall 51.1
Older than most nearby homes
944 sqft (top 41%)
Built in 1910 (38 yrs older than avg)
Located in a above-average income area
with median household income of ~74.5k
Transit 82.0
2-min walk to transit with 2 nearby routes
Within 500m: 8 dining spots, 2 healthcare facilitys, 2 shops, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
1% smaller than neighborhood avg.
Year Built
Below average
38 yrs older than neighborhood avg.
Mother tongue
English · 69%Tagalog · 13%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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51.1 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: #46110246
$75K
Median household income
$85K
Average household income
13%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
28%
Single-person households
21%
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
341 Queen Street — 23 amenities found within 500 m, across 7 categories, including 8 dining (nearest 192 m), 2 healthcare (nearest 280 m), 2 shopping (nearest 311 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%
Local garbage, recycling, and yard waste pickup schedule for 341 Queen Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 18% | Bottom 10% | Bottom 4% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Summary: 341 Queen Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1910, situated on a notably generous lot in the King Edward neighbourhood. Its primary appeal lies in the combination of a renovated basement and a land area that is well above average for the immediate area, offering potential for expansion, gardening, or outdoor living. The living space (944 sq ft) is modest but typical for similar homes on Queen Street.
The home suits practical, value-oriented buyers. It’s a fit for a first-time buyer seeking an entry point into the market with a solid lot to build equity, or an investor looking for a character property with a renovated basement suite potential (subject to verification). Its below-average assessed value across all metrics suggests a lower property tax burden, which is a key financial consideration. A thoughtful perspective is that while the house itself is older and smaller than city averages, it represents a land-play in a mature neighbourhood—the value here is more in what could be than in what currently is.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
It indicates the city's assessed value for this property is lower than most comparable homes. This typically translates to lower municipal property taxes, which is a positive for ongoing ownership costs.
2. How significant is the lot size?
At over 5,700 sq ft, the lot is in the top 7% for the King Edward area. This is a standout feature, providing more private outdoor space than most neighbours and potential for future additions, like a garage or extension, subject to zoning.
3. The home is older. What should I consider?
Built in 1910, the core structure is over a century old. While the basement is noted as renovated, a thorough inspection for foundational integrity, wiring, plumbing, and insulation is essential to understand any needed updates or maintenance costs.
4. The last recorded sale was between 2016-2017. Why is the price a range?
The exact sale price is not publicly disclosed in Manitoba. The range is an estimate based on available data. You can request the exact price from the listing service via email, as noted on the detail page.
5. There's no garage. Is adding one feasible?
Given the ample lot size, adding a garage or carport is physically possible. You would need to investigate City of Winnipeg zoning bylaws, setback requirements, and obtain the necessary permits before proceeding.
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