Property Overview
This one-and-a-half storey home on Hampton Street, built in 1918, presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in its above-average living space for the immediate area, offering over 1,140 square feet, which is notably more spacious than many neighbouring homes. The property sits on a standard city lot and features a basement, though it is not renovated. There is no garage or pool. The assessed value is consistent with the local area, but sits well below the citywide average, indicating a potentially accessible entry point into the market.
This home would suit a value-conscious buyer, such as a first-time homeowner or an investor, who prioritizes interior space over modern finishes or extensive land. It’s a property for someone comfortable with the character and maintenance considerations of a century-old home and who sees potential in a functional, unrenovated basement. A less obvious perspective is that its very average metrics for the street and neighbourhood—in assessed value, year built, and land size—suggest it is a typical, no-surprises offering in this community, which can be a stability advantage for those seeking an authentic neighbourhood feel without extreme outliers in price or lot size.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 1,142 sqft, the living area is above average for both Hampton Street and the broader King Edward neighbourhood, ranking in the top 22% and 19% respectively. This means it offers more interior space than most comparable homes nearby.
2. Is the assessed value high for the area?
No, the assessed value of $25,800 is very typical for the area, ranking almost exactly in the middle (47th percentile) for both the street and the neighbourhood. It is, however, significantly below the citywide average assessed value.
3. What should I know about the home’s age?
Built in 1918, the home is over a century old. Its age is average for Hampton Street and King Edward, but older than most homes across Winnipeg. Buyers should budget for maintenance consistent with a house of this era.
4. How large is the lot?
The lot is 2,792 sqft, which is below average for Hampton Street and the city overall, but around average for the King Edward neighbourhood. This is a standard city lot size for the area.
5. What is the recent sales history?
The home sold previously in August 2017, with a public price range between $21,500 and $24,500. For the exact sale price, you can request details via email from the listing source.