Property Overview & Key Characteristics

This home at 236 Queenston Street in Winnipeg's North River Heights presents a solid, established property with clear financial appeal. Built in 1942, its 1,332 sqft living space is comfortably sized, ranking around the average for the immediate street and neighbourhood. The true standout is its assessed value of $535,000, which places it consistently in the top 25% of comparable homes on its street, in North River Heights, and citywide. This suggests the property is assessed—and likely perceived—as being of above-average value for its footprint, potentially due to factors like updates, condition, or its specific location on the block.

The appeal lies in its position as a financially robust asset in a desirable neighbourhood. With a lot size of 4,319 sqft, it offers a manageable yard typical for the area. It suits buyers looking for a home with proven value retention in a mature community, who appreciate character from the 1940s but may also be prepared for the maintenance that comes with an 84-year-old structure. It’s a practical choice for those who prioritize equity and stability over having the newest or largest home on the block.

Frequently Asked Questions

1. Why is the assessed value so high relative to the home's size and age?
The assessed value places this home well above averages at every comparison level. This often reflects desirable qualities not captured in basic metrics, such as significant updates, premium finishes, an exceptional interior layout, or a particularly favoured location on the street.

2. How does the lot size compare to the neighbourhood?
At 4,319 sqft, the lot is slightly below the average for North River Heights but is very typical for Queenston Street itself. This indicates a standard, manageable yard for the immediate area, not an unusually small property.

3. The home last sold in 2020. What does that price range indicate?
Public data shows a sale between $400,000-$450,000 in September 2020. The substantial increase to the current $535,000 assessment highlights significant market appreciation and/or value-adding improvements made in the last four years.

4. What should I consider about a home built in 1942?
While the build year is typical for the neighbourhood, a home of this age requires a diligent inspection. Key focuses should be the condition of major systems (plumbing, electrical, roof, foundation) and the extent of any modernizations. Its value ranking suggests it has likely been well-maintained or updated.

5. How can I get the exact historical sale prices?
The provided sale price is an estimated range. Due to industry regulations, exact sale figures are not published online here. You can request the full, verified transaction history by emailing the site directly for a manual lookup, which they provide without using your email for marketing.