Property Overview
This one-and-a-half storey home on Hampton Street in Winnipeg's King Edward neighbourhood presents a practical and updated living space. Its key appeal lies in being a well-maintained, historically consistent property within a stable community. The home features a renovated basement and a detached garage, situated on a standard 3,162 sqft lot. Built in 1929, it offers a comfortable 1,076 sqft of living area. The data suggests a property that performs above average for its immediate area in terms of assessed value, indicating a solid standing among its direct peers. It suits buyers looking for a move-in ready, character home without the extensive maintenance often required of older properties, particularly first-time homeowners or downsizers seeking a manageable footprint in an established area.
A thoughtful perspective is that this home represents a "known quantity." Its consistent sale history and assessed value that ranks well locally suggest a property less subject to volatile market swings, offering a sense of predictability. Additionally, while the lot size is modest city-wide, it is typical for the neighbourhood, potentially reducing yard maintenance while still providing private outdoor space.
Frequently Asked Questions
1. How does this home's value compare to others in Winnipeg?
While its assessed value ranks above average for both Hampton Street and the wider King Edward area, it falls below the city-wide average. This is typical for many established central neighbourhoods and reflects the premium on larger, newer properties in suburban areas.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, ceiling height, permits, and whether it includes a secondary living space, rental suite, or simply updated recreational rooms.
3. Is the detached garage insulated or heated?
This detail is not provided. The presence and condition of a detached garage are valuable, but its year-round usability will depend on these features.
4. The home was built in 1929. What should I know about its condition?
While the renovated basement is a positive update, a home of this age will have original components. A thorough inspection is essential to assess the roof, wiring, plumbing, and the foundation's condition. Its above-average ranking for the street and area in assessed value can be a positive indicator of overall upkeep.
5. Why are the sold prices shown as a range?
The public data used provides estimated sale ranges. To obtain the exact sale price from the 2023 and 2017 transactions, you can request it directly via the provided email service for verification.