Property score
49.2
Below average
Overall 49.2 · Smaller than most nearby homes
728 sqft (bottom 17%) · Built in 1949 (1 yr newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 2 schools, 3 shops, and 5 parks nearby
Living Area
Below average
24% smaller than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
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
49.2 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: #46110238
$75K
Median household income
$87K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
22%
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
456 Queen Street — 14 amenities found within 500 m, across 6 categories, including 2 dining (nearest 472 m), 2 education (nearest 258 m), 3 shopping (nearest 282 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%
456 Queen Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 456 Queen Street, Winnipeg
Key Characteristics & Appeal
This one-storey home at 456 Queen Street in the King Edward neighbourhood presents a distinct value proposition centred on its land. Built in 1949, the 728 sqft living space is modest and below average for the area, but it sits on an exceptionally large 6,686 sqft lot. This lot size ranks in the top 3% within King Edward, offering rare potential for expansion, gardening, or outdoor living that is uncommon for city properties. The home features a renovated basement and a detached garage.
Its primary appeal lies in this land-to-structure ratio. For the right buyer, the house itself offers a functional, renovated footprint, while the true asset is the private, sizable yard. The assessed value is consistent with similar homes on its street and in the neighbourhood, suggesting the current price reflects the existing home more than the land's development potential.
This property would best suit a practical buyer who values outdoor space over interior square footage, such as a downsizer seeking manageable living with room for hobbies, or an investor/owner with a long-term vision for the lot. It’s less suited for those seeking immediate, move-in-ready spaciousness without future renovation plans.
Frequently Asked Questions
1. Is the living area too small for a family?
The 728 sqft main floor is compact. It would likely suit a small family or individuals comfortably, but the renovated basement provides additional flexible space to offset the main floor's size.
2. What does the lot size ranking actually mean for me?
Ranking in the top 3% for land area in King Edward means this property is among the largest in the neighbourhood. It offers privacy, space for additions like a deck or workshop, and is a standout feature that could hold future value.
3. How does the assessed value compare to nearby new builds?
The assessed value is notably lower than newer homes in the area (e.g., a nearby 2021 build is assessed significantly higher). This reflects the older age and smaller size of this home, indicating you are paying primarily for the land and the existing structure's utility.
4. Is the King Edward neighbourhood a good investment?
The data shows homes here have a lower average assessed value citywide, which can mean a more accessible entry point. The neighbourhood's stability and this property's elite lot size could position it well for long-term value.
5. What are the immediate costs or projects to consider?
Given the home's age (77 years), even with a renovated basement, buyers should budget for ongoing maintenance typical of a vintage home. The major opportunity—and potential future cost—would be any project to better utilize the large lot, such as landscaping or an addition.
