41.9
Below average
Property score
41.9
Below average
Overall 41.9
Smaller and older than most nearby homes
762 sqft (bottom 23%)
Built in 1910 (38 yrs older than avg)
Located in a above-average income area
with median household income of ~74.5k
Transit 74.0
3-min walk to transit with 2 nearby routes
Within 500m: 6 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
20% 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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41.9 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
372 Queen Street — 23 amenities found within 500 m, across 7 categories, including 6 dining (nearest 314 m), 2 education (nearest 368 m), 2 healthcare (nearest 398 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 48% | Bottom 45% | Bottom 19% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This one-storey home at 372 Queen Street in Winnipeg's King Edward neighbourhood presents a straightforward opportunity centered on value and potential. Its key characteristic is its modest 762 sqft living area, which is smaller than most comparable homes locally and citywide. Built in 1910, it offers classic character but will likely require updates. The appeal lies in its below-average assessed value, making it an accessible entry point into the market. The lot size is a notable positive, being around average for the street and area at just over 4,000 sqft, offering good outdoor space relative to the home's footprint.
This property would suit a pragmatic first-time buyer, an investor looking for a rental property, or a hands-on individual seeking a home with clear, manageable scope for gradual renovation. Its smaller size and price point make it a candidate for those comfortable with a "right-size" home, prioritizing location and land over finished living space. A less obvious perspective is that its older age and unrenovated state provide a clean slate for energy-efficient upgrades or a personalized layout, free from the cost of removing recent but undesirable renovations.
Frequently Asked Questions
1. What is the actual selling price?
The most recent recorded sale was in August 2021, with a public price range of $21.5k to $24.5k. For the exact historical sold price, you can request it via email from the listing source.
2. What does "below average" for living area and year built mean practically?
It means the house is physically smaller and older than most homes it's compared to. You should budget for the maintenance typical of a 116-year-old home and plan your use of space efficiently, though the lot size compensates with good outdoor potential.
3. Is the basement finished?
No, the basement is noted as "not renovated." It is present but should be considered unfinished utility space unless confirmed otherwise by an inspection.
4. Who might this property not suit?
It may not suit buyers looking for a move-in-ready home, those needing multiple bedrooms or ample indoor space, or anyone unwilling to take on a property that will likely require ongoing updates and maintenance.
5. How should I interpret the assessed value rankings?
The assessed value is consistently below average for the city and area but around average for Queen Street itself. This suggests the property is priced in line with its immediate streetscape, which may consist of similar older, compact homes, but represents a value compared to wider neighbourhood or city benchmarks.
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