55.7
Fair
Property score
55.7
Fair
Overall 55.7
Larger but older than most nearby homes
1,186 sqft (top 15%)
Built in 1912 (36 yrs older than avg)
Located in a above-average income area
with median household income of ~74.5k
Transit 80.0
4-min walk to transit with 3 nearby routes
Within 500m: 6 dining spots, 2 schools, 1 healthcare facility, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
25% larger than neighborhood avg.
Year Built
Below average
36 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
55.7 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
405 Queen Street — 24 amenities found within 500 m, across 7 categories, including 6 dining (nearest 362 m), 2 education (nearest 359 m), 1 healthcare (nearest 473 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%
Local garbage, recycling, and yard waste pickup schedule for 405 Queen Street.
Garbage
friday
Recycling
friday
Yard Waste
friday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 46% | Top 49% | Bottom 22% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 405 Queen Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1912, presents a classic character home opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its balance of historic charm and practical updates, notably a renovated basement. With 1,186 sqft of living space, it offers above-average roominess for both its immediate street and local area, providing more interior space than many comparable homes nearby.
The property suits buyers looking for an established neighbourhood with a sense of history, without the maintenance fears of an unrenovated century home. It’s particularly well-matched for first-time buyers or downsizers who value a manageable, updated footprint more than a large lot, as the land size is modest for the street. The detached garage adds practical storage or workshop space. A thoughtful perspective is that its "around average" assessed value for the area suggests it is priced in line with the local market, potentially offering a stable entry point without a premium for its above-average living area.
Section 2: Frequently Asked Questions
1. How does the home's size compare practically?
While the living area is generous for the immediate area, ranking in the top 18% on its street, it is near the city-wide average. This means you get more space than most neighbours, but it’s a typically sized Winnipeg home overall.
2. What does the "below average" year built ranking mean?
Built in 1912, it is older than most homes in Winnipeg. This indicates a character home that may have classic features but also requires a mindful inspection for updates to wiring, plumbing, and insulation that align with modern standards.
3. Is the assessed value a good indicator of the selling price?
The assessed value is a municipal figure for tax purposes. Notably, the last recorded sold price range (2021) is very close to the current assessed value, suggesting stability. However, market conditions always determine the final sale price.
4. How usable is the lot?
The land area is below average for the street but typical for the wider King Edward area. This means a smaller, more manageable yard, which could be a benefit for low-maintenance living but a limitation for those wanting extensive outdoor space.
5. Where can I get exact historical sale prices?
The provider offers to manually share the exact sold price history via email upon request, as the public data only shows ranges. They state this is a no-gimmick service without unsolicited marketing.
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.
