439 Queenston Street

North River Heights, Winnipeg

Property score

72.0

Good

Overall 72.0 · Newer than most nearby homes

1,336 sqft (bottom 40%) · Built in 1946 (9 yrs newer than avg)

Located in a high-income area with median household income of ~128k

Transit 80.0 · 3-min walk to transit with 3 nearby routes · Within 500m: 1 school, 2 parks, and 1 sports facility nearby

Living Area

Near average

13% smaller than neighborhood avg.

Year Built

Above average

9 yrs newer than neighborhood avg.

Mother tongue

English · 87%French · 2%

Past 10 years North River Heights sales snapshot (~80% of all data)

Sold Count

770

Median price

480k

$/sqft

$319/sqft

Avg build year

1937

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Property score

72.0 is composed by the two sections below.

Property Score

58.4Fair
Living Area1,336 sqft71Good
Year Built194630Low
Lot Size4,309 sqft53Fair
Neighbourhood Sales Activity37Low

Community Score

92.3Excellent
Household Income91Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

Neighbourhood Sales

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.

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: #46111047

Community deep dive

$128K

Median household income

$134K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.5

P90 / P10 ratio

21%

Single-person households

36%

Families with children

Population, labour & age

Population (2021)482
Labour force participation rate69%
Median age40.8
Avg household size2.6
Unemployment rate11%
Population density3442 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households21%
Couple families with children36%
Median household income (2020)$128K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)6%
Visible minority10%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 2%

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

Rankings

Living Area

around average
1,336 sqft
0255075100
Same streetBottom 35%Same areaBottom 40%CitywideTop 39%
Same street · Queenston Street
#271 / 414
Bottom 35% · Avg 1,598 sqft
Same area · North River Heights
#1,310 / 2,168
Bottom 40% · Avg 1,540 sqft
Citywide · Winnipeg
#76,437 / 194,458
Top 39% · Avg 1,342 sqft

Tax-Assessed Value

around average
427k
0255075100
Same streetBottom 31%Same areaBottom 40%CitywideTop 33%
Same street · Queenston Street
#287 / 414
Bottom 31% · Avg 494.6k
Same area · North River Heights
#1,300 / 2,168
Bottom 40% · Avg 479.3k
Citywide · Winnipeg
#63,248 / 194,458
Top 33% · Avg 390.1k

Year Built

above average
1946
0255075100
Same streetBottom 39%Same areaTop 20%CitywideBottom 23%

Lot Size

around average
4,309 sqft
0255075100
Same streetBottom 34%Same areaBottom 18%CitywideBottom 31%

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

439 Queenston Street — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 329 m), 2 parks (nearest 130 m).

Search radius
🏫Education1
🌳Parks2
💪Sports1

Crime & Safety

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%

Sales History

Sold 12/2022CA$400k–450k
Sold price

Same street

Bottom 48%

Same area

Top 42%

City-wide

Top 25%
Sold 11/2016CA$300k–350k
Sold price

Same street

Bottom 13%

Same area

Bottom 23%

City-wide

Top 49%

Related homes

Highlights & common questions: 439 Queenston Street, Winnipeg

Property Overview: 439 Queenston Street, Winnipeg

Key Characteristics & Appeal

This home at 439 Queenston Street in North River Heights is a well-situated, post-war property that presents a balanced and practical opportunity. Built in 1946, its 1,336 sqft living space and 4,309 sqft lot are consistently "around average" when compared to its immediate street and the wider city, suggesting it fits comfortably within its established neighbourhood context. The assessed value of $427k sits notably higher than the Winnipeg city-wide average for comparable homes, underscoring the enduring value of the North River Heights location.

The primary appeal lies in its stability and neighbourhood positioning. It’s not an outlier in size or value, which can be attractive for buyers seeking a manageable, classic home without extreme upkeep or premium costs. The sales history shows steady appreciation, with the last sale in late 2022 in the $400k-$450k range, a significant increase from its 2016 sale price. A thoughtful perspective is that its "average" metrics within a desirable area like North River Heights could mean less competition compared to standout properties, while still providing the community benefits. It would suit a first-time buyer or downsizer looking for a solid, no-surprises entry into a mature neighbourhood, or an investor attracted by consistent value growth in a stable market.

Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value ($427k) is below the average for both Queenston Street ($494.6k) and the broader North River Heights area ($479.3k). This could indicate a potentially more affordable entry point into the neighbourhood, but it may also reflect the home’s specific condition, updates, or lot size relative to others.

2. Is the lot size a disadvantage?
At 4,309 sqft, the lot is below the average for North River Heights. This means less yard maintenance but also potentially less private outdoor space than some neighbouring properties. For city-wide comparison, however, it is around average.

3. What does the sale history tell us about its market performance?
The home has appreciated well. It sold between $300k-$350k in 2016 and between $400k-$450k in 2022. This trajectory suggests it has held and grown its value effectively in line with or ahead of broader market trends.

4. The home was built in 1946. Should I be concerned about major updates?
Given its age, a pre-purchase inspection is essential to assess the condition of major systems like plumbing, electrical, and the foundation. The year built is actually newer than many homes in North River Heights, which may be a slight positive, but the need for updates or maintenance typical of an 80-year-old home should be budgeted for.

5. Where can I get verified, exact sold price data for this property?
The site provides sold price ranges based on public data. To obtain the exact historical sale figures, you must request a manual lookup via email from the service, as they do not display MLS-sourced sold records due to industry rules. They state this is a free service without marketing spam.

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