45.7
Below average
Property score
45.7
Below average
Overall 45.7
Older than most nearby homes
880 sqft (bottom 44%)
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 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
8% smaller 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
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
45.7 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
396 Queen Street — 25 amenities found within 500 m, across 7 categories, including 6 dining (nearest 380 m), 2 education (nearest 316 m), 2 healthcare (nearest 461 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 42% | Top 43% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This one-storey home at 396 Queen Street in Winnipeg's King Edward neighbourhood presents a straightforward opportunity. Built in 1914, its 880 sqft living area and unrenovated basement reflect its vintage character. The property sits on a 3,883 sqft lot and includes a detached garage. When compared locally, the home is consistently around average for its immediate area in terms of size, value, and lot, but sits below the city-wide averages for newer, larger homes. Its most recent recorded sale was in mid-2020.
Key Characteristics & Appeal
The appeal of this property lies in its simplicity and location. It’s a classic, no-frills home in an established neighbourhood, offering a manageable footprint for a first-time buyer, downsizer, or hands-on investor. Its assessed value is modest relative to the city, suggesting an accessible entry point into the market.
A thoughtful perspective is that its "average" standing within its own street and area is actually a strength—it’s not an outlier, which can provide stability and predictability. The lot size is generous for the neighbourhood, offering valuable outdoor space or future potential in a mature community. This home would best suit a pragmatic buyer who sees value in a solid foundation and location over modern finishes, and who is prepared for the maintenance or gradual updates typical of a century-old house.
Frequently Asked Questions
1. What does "around average" for the area really mean?
It means that for key metrics like living area, assessed value, and lot size, this home falls within the middle range of similar properties on Queen Street and in the broader King Edward neighbourhood. It’s neither exceptionally large nor small for the community it's in.
2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may be suitable for storage or mechanicals, but not as livable area without significant work.
3. How recent is the price history available?
The most recent confirmed sale data is from June 2020. For exact historical sold prices, you must request the information directly via the provided email service.
4. What are the implications of the home's age (1914)?
While offering classic charm, a home of this age will likely require attention to aging components like plumbing, electrical, and the foundation. It represents a piece of local history but comes with the maintenance expectations of a century-old structure.
5. How does its city-wide "below average" ranking affect value?
This primarily reflects that newer suburban developments typically feature larger, more modern homes on bigger lots. For buyers specifically seeking an established inner-city neighbourhood, the local comparisons are more relevant than the city-wide ones.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
