Property score
70.5
Good
Overall 70.5 · Larger and newer than most nearby homes
1,432 sqft (top 5%) · Built in 2013 (65 yrs newer 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 4 shops nearby
Living Area
Above average
50% larger than neighborhood avg.
Year Built
Above average
65 yrs newer 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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70.5 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 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
381 Queen Street — 24 amenities found within 500 m, across 7 categories, including 6 dining (nearest 286 m), 2 education (nearest 407 m), 2 healthcare (nearest 394 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 | Top 13% | Top 17% | Bottom 47% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 381 Queen Street, Winnipeg
Key Characteristics & Appeal
This two-storey home at 381 Queen Street in the King Edward neighbourhood presents a compelling mix of modern convenience and established community. Built in 2013, it is a notably newer construction compared to most homes on its street and in Winnipeg overall, suggesting contemporary building standards and less immediate need for major updates. The 1,432 sqft living area is spacious, ranking in the top 6% on Queen Street, and features a renovated basement, adding valuable finished space.
Its primary appeal lies in its efficiency and above-average positioning within its immediate context. While the land size is modest for the street, this often translates to lower maintenance. The home’s assessed value ranks in the elite top 5% for the King Edward area, indicating it is perceived as a premium property within a desirable locale. The detached garage adds practical utility.
This property would suit buyers seeking a move-in-ready, modern home in a mature neighbourhood without the typical upkeep of a century-old house. It’s ideal for professionals or small families who value interior space and modern amenities over a large yard. The strong assessed value also suggests it appeals to those viewing a home as a long-term investment in a stable community.
Frequently Asked Questions
1. How does the home’s modern build (2013) impact utility and maintenance costs?
As a newer build, systems like plumbing, electrical, and insulation are likely more efficient than in older neighbourhood homes, potentially leading to lower utility bills and deferred maintenance costs in the near term.
2. The land size is noted as below average for the street. Is the yard still functional?
At 3,822 sqft, the lot is near the city average. It provides adequate private outdoor space for gardening or recreation but aligns with a lower-maintenance lifestyle compared to larger, more demanding lots on the block.
3. The assessed value is in the top 5% for King Edward. What does this mean for property taxes?
A higher assessed value typically results in higher property taxes. Buyers should budget accordingly, weighing this against the benefits of owning a premium, modern asset in the neighbourhood.
4. What is the significance of having a renovated basement?
Beyond adding liveable square footage, a renovated basement can offer flexible space for a home office, guest suite, or recreational room, enhancing the home’s functionality and day-to-day livability.
5. The home last sold in late 2020. How stable has its value been?
The sold price range from 2020, compared to its current elite assessed value, suggests the property has maintained or increased its market value in a stable manner through recent years, a positive indicator of the area’s resilience.
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