46.6
Below average
Property score
46.6
Below average
Overall 46.6
Smaller than most nearby homes
757 sqft (bottom 22%)
Built in 1926 (22 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: 4 dining spots, 2 schools, 3 shops, and 7 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
21% smaller than neighborhood avg.
Year Built
Near average
22 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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46.6 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
417 Queen Street — 22 amenities found within 500 m, across 7 categories, including 4 dining (nearest 400 m), 2 education (nearest 323 m), 3 shopping (nearest 307 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 417 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 | Bottom 42% | Bottom 36% | Bottom 14% |
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 417 Queen Street in Winnipeg's King Edward neighbourhood presents a unique value proposition centered on its land. Built in 1926, the 757 sqft house is compact and sits on a notably large 7,642 sqft lot—a standout feature that ranks in the top 2% of the local area. The home includes a renovated basement and a detached garage. Its assessed value is modest and around average for the immediate vicinity, but well below the citywide average, reflecting the home's smaller size and age.
The primary appeal lies in its potential. The lot size is a significant asset, offering rare space for expansion, gardening, or future development in an established inner-city area. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who sees beyond the current structure. This buyer values the lower property taxes associated with the assessment and is prepared to invest in updates or has a vision for utilizing the generous outdoor space. It’s a property for those who prioritize land over finished living area and view the home itself as a solid foundation to customize.
Frequently Asked Questions
1. What is the most notable feature of this property?
The lot size is the defining characteristic. At over 7,600 sqft, it is exceptionally large for the King Edward neighbourhood and offers possibilities that smaller, standard lots do not.
2. Who would this home be best suited for?
It would suit a buyer comfortable with a smaller, older home who values space and potential over move-in-ready perfection. This could include first-time buyers seeking affordability and a yard, investors looking for a property with land value, or homeowners planning a future renovation or addition.
3. How does the assessed value compare?
The assessed value is around the average for Queen Street and the King Edward area, but it ranks in the top 86% citywide, meaning it is significantly lower than most Winnipeg homes. This typically translates to relatively lower property taxes.
4. Is the house in move-in condition?
The listing notes a renovated basement, but the main house, at 100 years old and 757 sqft, will likely require updates and maintenance consistent with its age. A thorough inspection is advised to understand the condition of major systems.
5. What are the possibilities for the large lot?
While subject to local zoning, the lot offers clear potential for extensive landscaping, creating outdoor living spaces, adding a workshop or shed, or, in the long term, possibly expanding the home. It provides a rare sense of space and privacy for an inner-city property.
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