Property Overview & Appeal

This 1910 three-level split at 390 Queen Street in Winnipeg's King Edward neighborhood presents a distinct blend of historic character and above-average space. Its key characteristic is an exceptionally large, private lot of over 7,700 sq ft, placing it in the top 3% of lots on its street—a rare find in the city. The 1,726 sq ft living area is also notably spacious, ranking in the top 2% locally. While the home's age is reflected in its below-average year-built ranking, it features a renovated basement. The detached garage adds practical utility.

The appeal lies in the property's generous scale and established setting. It suits buyers looking for ample outdoor space for gardens, play, or expansion, who value the character of an older home and are comfortable with the maintenance that entails. It’s a fit for those prioritizing lot size over modern construction, offering a sense of privacy and potential not commonly available. The strong rankings for living area and lot size within its immediate area suggest it's a standout property on its block, likely offering more room both inside and out than most neighboring homes.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $34,200k. Public data indicates a sold price range of $23.50k to $26.50k in August 2020. For the exact historical sold price, you can request details via email from the listing source.

2. What does the "Elite" or "Top X%" ranking mean for this home?
These rankings compare the home against similar properties on three levels: its street, the wider King Edward area, and citywide. For example, its living area is in the "Elite" top 2% on Queen Street, meaning it is significantly larger than most direct neighbors. Its lot size is in the "Elite" top 1% for all of King Edward.

3. The home was built in 1910. What should I consider?
While it offers classic charm and a renovated basement, a home of this age will likely have older core systems (like plumbing, electrical, or the roof) that require careful inspection. The rankings confirm it is notably older than most area homes, so budgeting for ongoing upkeep or updates is prudent.

4. Is the lot size truly a major feature?
Yes. At 7,767 sq ft, the lot is a defining asset. It's vastly larger than the area average (top 1% in King Edward) and provides rare urban space for recreation, landscaping, or future projects like an addition or large shed, subject to zoning.

5. Who would this property not suit as well?
It may not be the best fit for buyers seeking a modern, low-maintenance home or those sensitive to the potential higher heating costs and layout quirks common in older, spacious houses. The value proposition is rooted in space and land, not contemporary finish or efficiency.