484 Queen Street

King Edward, Winnipeg

Property score

73.3

Good

Overall 73.3 · Larger and newer than most nearby homes

1,300 sqft (top 9%) · Built in 2018 (70 yrs newer than avg)

Located in a above-average income area with median household income of ~75k

Transit 76.0 · 6-min walk to transit with 4 nearby routes · Within 500m: 2 dining spots, 2 schools, 2 shops, and 5 parks nearby

Living Area

Above average

37% larger than neighborhood avg.

Year Built

Above average

70 yrs newer than neighborhood avg.

Mother tongue

English · 76%Tagalog · 9%

Past 10 years King Edward sales snapshot (~80% of all data)

Sold Count

1,128

Median price

356.6k

$/sqft

$349/sqft

Avg build year

1948

Need help understanding this property?

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

Property score

73.3 is composed by the two sections below.

Property Score

75.6Good
Living Area1,300 sqft71Good
Year Built201897Excellent
Lot Size5,476 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

69.8Good
Household Income75Good
Education Level63Fair
Housing Stress74Good
Core Housing Need63Fair
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110238

Community deep dive

$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

Population, labour & age

Population (2021)475
Labour force participation rate57%
Median age38.8
Avg household size2.4
Unemployment rate6%
Population density818 / km²

Households & income

Low income (LIM-AT, % pop.)12%
Single-person households30%
Couple families with children22%
Median household income (2020)$75K

Housing

Renter households28%
Condominium dwellings0%
Median dwelling value (owners)$264K

Diversity, education & language

Immigrants (share of pop.)29%
Visible minority38%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 75%
Mother tongue (2nd)Tagalog · 9%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,300 sqft
0255075100
Same streetTop 11%Same areaTop 9%CitywideTop 42%
Same street · Queen Street
#19 / 170
Top 11% · Avg 976 sqft
Same area · King Edward
#221 / 2,385
Top 9% · Avg 952 sqft
Citywide · Winnipeg
#80,875 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

Elite
413k
0255075100
Same streetTop 2%Same areaTop 3%CitywideTop 35%
Same street · Queen Street
#3 / 170
Top 2% · Avg 255k
Same area · King Edward
#79 / 2,385
Top 3% · Avg 258.2k
Citywide · Winnipeg
#68,621 / 194,458
Top 35% · Avg 390.1k

Year Built

Elite
2018
0255075100
Same streetTop 4%Same areaTop 5%CitywideTop 4%

Lot Size

above average
5,476 sqft
0255075100
Same streetTop 42%Same areaTop 8%CitywideTop 45%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

484 Queen Street — 13 amenities found within 500 m, across 6 categories, including 2 dining (nearest 433 m), 2 education (nearest 240 m), 2 shopping (nearest 238 m).

Search radius
🍽️Dining2
🏫Education2
🛒Shopping2
🌳Parks5
💪Sports1
Fuel Stations1

Crime & Safety

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%

Sales History

Sold 3/2019CA$300k–350k
Sold price

Same street

Top 7%

Same area

Top 12%

City-wide

Top 47%

Related homes

Highlights & common questions: 484 Queen Street, Winnipeg

Property Overview: 484 Queen Street, Winnipeg

Key Characteristics & Appeal

This is a modern, one-storey home built in 2018, offering a low-maintenance lifestyle on a generous lot in the King Edward neighbourhood. Its primary appeal lies in its combination of new construction and established community. At 1,300 sqft, the living space is notably above average for both its immediate street and the wider neighbourhood, providing more room than many nearby homes. The property stands out statistically: its assessed value ranks in the top 3% of King Edward, suggesting it is a premium holding in the area, while its 2018 build date makes it a newer asset in a neighbourhood of mostly older homes.

The home would suit a buyer looking for a move-in-ready property without the concerns of aging infrastructure, and who values space and a larger lot (over 5,400 sqft) within the city. It’s a practical choice for those wanting a modern layout but without the wait and uncertainty of a new build in a suburban development. A less obvious perspective is its potential as a long-term hold in a transitioning area; its elite assessed value ranking indicates it’s already a high-performing asset on its street, which could be a stabilizing factor. The detached garage adds utility for storage or a workshop, appealing to hobbyists or those needing extra space.


Frequently Asked Questions

1. Why is the assessed value so high compared to the neighbourhood average?
The assessed value ranks in the top 3% for King Edward, primarily due to the home's modern build (2018) and its above-average living area. It is assessed as a premium, contemporary property within an older neighbourhood.

2. What is the condition of the basement?
The listing notes a basement exists but specifies it is "not renovated." Buyers should anticipate it as unfinished utility space.

3. How does the lot size compare?
At 5,476 sqft, the lot is above average for the King Edward neighbourhood (top 8%) but around the city-wide average. It offers substantial outdoor space for the area.

4. What can the sold price history tell me?
Public records show it last sold in March 2019 for an estimated range of $32.5k to $35.5k. The current assessed value of $41.3k reflects market changes and the home's standing since that sale.

5. Is this a good investment for the area?
The home's metrics suggest it is a standout property on its street and in King Edward. Its newer age and size offer advantages over many comparable homes, potentially appealing to future buyers seeking modern comforts in a central location, which could support value retention.

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.