63.9
Fair
Property score
63.9
Fair
Overall 63.9
Larger and newer than most nearby homes
1,036 sqft (top 30%)
Built in 2016 (68 yrs newer than avg)
Located in a above-average income area
with median household income of ~75k
Transit 76.0
5-min walk to transit with 4 nearby routes
Within 500m: 2 dining spots, 2 schools, 4 shops, and 5 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
9% larger than neighborhood avg.
Year Built
Above average
68 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
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63.9 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
461 Queen Street — 15 amenities found within 500 m, across 6 categories, including 2 dining (nearest 412 m), 2 education (nearest 196 m), 4 shopping (nearest 226 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 461 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 23% | Top 22% | Bottom 42% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Appeal
This bi-level home at 461 Queen Street in Winnipeg's King Edward neighborhood presents a distinct, modern offering in a city of older housing stock. Built in 2016, its key characteristic is its relative newness, ranking in the top 4% of homes on its street and top 6% city-wide for year built. This suggests lower immediate maintenance costs and modern building standards. The 1,036 sqft living area is comfortably above average for both the immediate street and the King Edward area. Its appeal lies in this balance of a newer, renovated home within an established community. The detached garage is a practical asset.
The property suits first-time buyers or downsizers seeking a modern, low-maintenance home without venturing to the distant suburbs. It also appeals to value-focused investors, as its assessed value ranks in the top 11% locally, indicating strong perceived value for the area. A less obvious perspective is the lot size: at 3,319 sqft, it is smaller than many city lots, which translates to less yard upkeep—a potential perk for some, though a limitation for others wanting expansive outdoor space.
Frequently Asked Questions
1. Is this a true single-family home?
Yes, it is a detached, single-family bi-level home with a detached garage. The "bi-level" style typically means living space is split across two main levels accessed by a short flight of stairs from the main entrance.
2. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value includes all property types and neighborhoods. This home's assessment is actually well above average for its own street and the King Edward area, reflecting its newer construction and renovated condition relative to its immediate peers, which are often much older.
3. What does the sold price history indicate?
Public records show it last sold in August 2016 for an estimated range of $29.5k to $32.5k. As it was likely sold new at that time, the current assessed value of $34.3k suggests modest growth in its assessed value over the past decade.
4. How does the living space compare to nearby homes?
At 1,036 sqft, it offers more living area than the average home on Queen Street and in the broader King Edward neighborhood, where averages are 976 sqft and 952 sqft respectively. It is, however, smaller than the Winnipeg city-wide average.
5. What are the implications of the smaller lot size?
The lot is under 3,500 sqft, which is smaller than many traditional Winnipeg lots. This means a more compact yard, which requires less maintenance but also offers less private outdoor space for gardening or recreation. It's a trade-off that prioritizes the home itself over the land.
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