Property Overview
This one-and-a-half storey home on Hampton Street in Winnipeg's King Edward neighbourhood presents a grounded opportunity in the city's housing market. Built in 1949, it features 918 sqft of living space, a renovated basement, and a detached garage on a 4,495 sqft lot. Its most recent sale was in July 2023. The appeal here is one of realistic positioning: while its size is below the citywide average, it is quite typical for its immediate area and street, offering a manageable footprint. The renovated basement adds functional living space, a valuable upgrade in a home of this era. It suits first-time buyers seeking an entry point into homeownership without the premium of a newer or larger property, or practical downsizers looking for a low-maintenance, character home in an established neighbourhood. A thoughtful perspective is that its "average" metrics within its local context suggest a stable, known quantity without the volatility or premium of a standout property, which can be a sensible foundation for a long-term hold.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows this home is very typical for Hampton Street and the broader King Edward neighbourhood in terms of living area, assessed value, and lot size. It is not an outlier, but firmly within the average range for its immediate surroundings, while being more compact compared to the Winnipeg citywide average.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits for this work are not detailed here. This would be a key point for a home inspection and discussion with the seller to understand the finish and any potential moisture control measures common in homes of this age.
3. Is the assessed value the same as the market value?
No. The assessed value (shown as $25.50k) is for municipal tax purposes. The sold price range from July 2023 ($25.5k - $28.5k) is a historical market indicator. Current market value is determined by present-day supply, demand, condition, and comparable sales, which may differ significantly.
4. What are the implications of a 1949 build date?
This indicates a solid, character home but also means critical systems like plumbing, electrical, and the roof are likely at or beyond their typical lifespans. While the basement has been updated, the condition of these core components should be a primary focus during a viewing and inspection.
5. Why is there a range for the last sold price, and how can I get the exact figure?
The provided range is based on publicly available data. The exact sale price is not disclosed in public records in Manitoba. As noted on the detail page, you can request the exact price directly from the source via email, as they may have access to more precise transaction data.