Property score
57.9
Fair
Overall 57.9 · Larger but older than most nearby homes
1,258 sqft (top 11%) · Built in 1914 (34 yrs older than avg)
Located in a above-average income area with median household income of ~74.5k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 6 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby
Living Area
Above average
32% larger than neighborhood avg.
Year Built
Below average
34 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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57.9 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
379 Queen Street — 22 amenities found within 500 m, across 7 categories, including 6 dining (nearest 280 m), 2 education (nearest 411 m), 2 healthcare (nearest 388 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 24% | Bottom 13% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Property Overview: 379 Queen Street, Winnipeg
Key Characteristics & Buyer Profile
This one-and-three-quarter storey home, built in 1914, presents a unique opportunity in Winnipeg's King Edward neighbourhood. Its key characteristic is a pronounced contrast: the living space (1,258 sq ft) is notably above average for both its immediate street and the broader area, offering more room than most comparable local homes. However, this is paired with an assessed value that is among the very lowest in the city, indicating a property with significant functional space but likely in need of substantial modernization. The unfinished basement and lack of a garage or pool underscore its as-is, foundational nature.
The appeal lies squarely in its potential. It suits a specific type of buyer: the value-driven renovator, investor, or builder looking for a large canvas in a central location. This isn't a move-in-ready home but a project property. Its low entry cost and generous interior dimensions allow for creative freedom—whether that's a full renovation, a legal suite conversion (subject to zoning), or even a future redevelopment on its 3,823 sq ft lot. A less obvious perspective is its appeal to those seeking to minimize their property tax base while controlling a substantial asset, as the taxes are tied to the very low assessment. It’s a strategic purchase for someone focused on long-term equity building through sweat equity or strategic investment, rather than immediate convenience.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects the property's current state as perceived by the municipal assessor. A value this far below averages typically indicates a home that has not been renovated for a long time and may require significant repairs or modernization, affecting its market valuation for tax purposes.
2. What does "one & 3/4 storey" mean for the layout?
This style, common in older Winnipeg homes, usually features a full main floor and a second floor where the roofline slopes into the walls, creating some rooms with partial-height or sloped ceilings. It often provides more character and usable space than a strict bungalow but with a different feel than a full two-storey.
3. The last sale price range shows $14.5k-$17.5k. Is that accurate?
The displayed range is an estimate based on publicly available data. For the precise, verified sale price from July 2021, you must request it directly via the provided email service. This step ensures accuracy, as exact sale prices are not always publicly disclosed in Manitoba.
4. Given the low assessment, what should I budget for renovations?
Budgets can vary widely based on scope, from essential system updates to a full gut renovation. Given the home's age (1914), you should prioritize inspections for foundational, electrical, and plumbing systems. A thorough professional inspection is essential to understand the true starting point before estimating renovation costs.
5. Are the nearby properties with similar assessed values good comparables?
The listed properties with similar assessed values are primarily condo units in a large building on Pembina Highway. They are not direct comparables for a single-family house on Queen Street. They are shown because assessment value is the matching metric, but they differ drastically in property type, land ownership, and lifestyle offered. True comparables would be other older, unrenovated houses in central Winnipeg neighbourhoods.
