Property Overview: 275 Hampton Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This one-and-three-quarter storey home, built in 1918, presents a classic character property with modernized fundamentals. Its key feature is a recently renovated basement, adding valuable finished space to the 1,180 sqft layout. The home sits on a standard city lot of just under 4,500 sqft. While its assessed value is modest compared to the wider city, it ranks as an average-to-above-average property within its immediate King Edward neighbourhood and on Hampton Street itself, particularly for living space.
The appeal lies in its established, quiet location and the value proposition of a move-in-ready basement. It suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize location and functional space over sheer size or new construction. A thoughtful perspective is that its "average" rankings within the local context suggest a stable, predictable investment in a mature neighbourhood, not an outlier prone to market speculation. The recent sale in late 2022 also provides a clear, contemporary price benchmark for buyers.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean for this home?
This is a common architectural style for Winnipeg homes of this era. It typically means the second floor has full-height ceilings under the roof's sloping sides, possibly featuring dormer windows. It offers more space and character than a bungalow but often with a different layout than a full two-storey.
2. How significant is the renovated basement?
A finished basement in a century-old home adds crucial functional living or storage space. It's a key update that removes a major renovation project for a new owner and can be a deciding factor compared to similar unrenovated properties.
3. The assessed value seems low. Is this a concern?
The assessed value is for municipal tax purposes and is not a market valuation. Its ranking shows it's typical for the area. The more relevant figure is the late-2022 sale price (available upon request), which reflects the actual market value at that time.
4. What is the neighbourhood (King Edward) like?
King Edward is a long-established, central Winnipeg neighbourhood. The data indicates homes here are generally older and more modest in scale and value compared to the citywide average, suggesting a community of character homes with lower property taxes.
5. How can I get the exact historical sold price?
The exact sold price from December 2022 is not publicly displayed in detail due to data privacy practices. You can request it directly via the email prompt on the listing page; the service commits to providing the accurate figure without using your email for marketing spam.