76.0
Good
Property score
76.0
Good
Overall 76.0
Newer than most nearby homes
1,564 sqft (top 42%)
Built in 1945 (8 yrs newer than avg)
Located in a high-income area
with median household income of ~131k
Transit 70.0
5-min walk to transit with 3 nearby routes
Within 500m: 3 dining spots, 2 schools, 1 park, and 1 fuel station nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Near average
2% larger than neighborhood avg.
Year Built
Above average
8 yrs newer than neighborhood avg.
Mother tongue
English · 90%French · 3%
Past 10 years North River Heights sales snapshot (~80% of all data)
770
480k
$319/sqft
1937
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76.0 is composed by the two sections below.
Property Score
Community Score
North River Heights
How to read: Share of sales in each ~$50k price band for “north river heights” (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: #46110382
$131K
Median household income
$145K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.0
P90 / P10 ratio
27%
Single-person households
33%
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
259 Queenston Street — 8 amenities found within 500 m, across 5 categories, including 3 dining (nearest 420 m), 2 education (nearest 91 m), 1 parks (nearest 472 m).
North River Heights · WPS public data · 2026
Annual incidents
7
2026
vs. city avg
-76%
relative to avg
Year-over-year
▼ -97%
vs. prior year
Primary type
Property
57%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 38% | Top 29% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 259 Queenston Street, North River Heights, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,564 sqft home, built in 1945, sits on a 4,630 sqft lot in the established North River Heights neighbourhood. Its key appeal lies in its above-average assessed value, which signals a property that has been well-maintained or upgraded relative to its peers. While the living space is typical for the street and area, it ranks notably higher city-wide, suggesting a more substantial home compared to the Winnipeg average. The lot size is consistent with the local norm, offering standard outdoor space for the neighbourhood.
The property’s primary draw is its strong standing in terms of value. With an assessed value ranking in the top 14% on its street and top 12% in North River Heights, it presents as a premium offering within its immediate context. This appeals to buyers seeking a move-in-ready home in a mature area without the need for major immediate investment. It would suit professionals or small families looking for character, stability, and a sound investment in a central Winnipeg neighbourhood. A thoughtful perspective is that while the home is older, its high relative valuation may reflect important modernizations, making it a prudent choice for those who want vintage charm without the burden of outdated systems.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value actually indicate?
It indicates that the municipal property assessment is significantly higher than most comparable homes on the street, in the area, and across Winnipeg. This typically reflects factors like renovations, additions, or superior condition that have been formally recognized.
2. How does the 1945 build year affect the property?
While older than the city-wide average, the home is actually slightly newer than many in North River Heights. This vintage suggests classic construction but necessitates a thorough inspection of foundational elements, wiring, and plumbing to understand any upcoming maintenance.
3. Is the lot size a limitation?
At 4,630 sqft, the lot is standard for North River Heights. It provides adequate yard space for gardening or recreation but is not an unusually large parcel. Buyers seeking extensive outdoor space might find it average.
4. The home sold in 2016 for between $450k-$500k. Why is the assessed value now $613k?
The assessed value is for taxation purposes and is based on a mass appraisal system comparing market trends and property characteristics. It is not a direct market valuation. The increase since 2016 likely reflects overall market appreciation and any improvements made to the property.
5. How reliable is the sold price data shown?
The provided sold price is a range from publicly available data, not from the MLS. For fully verified and exact historical transaction figures, you must request a manual lookup from the site via email, as detailed in the data notes.
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