414 Hampton Street

Property Overview: 414 Hampton Street, Winnipeg

Key Characteristics & Appeal

This one-storey home on a generous 4,649 sqft lot presents a practical and value-oriented opportunity in the King Edward neighbourhood. Its key appeal lies in its strong assessed value relative to the immediate area, ranking well above average for both the street and the neighbourhood. This suggests a solid foundation of municipal valuation. The living space (999 sqft) is typical for the local area, and the home benefits from a renovated basement, adding functional space. A detached garage provides additional utility or storage.

The property suits first-time buyers or practical investors looking for an entry point into a mature neighbourhood without a premium price tag. Its above-average lot size for King Edward offers potential for outdoor enjoyment or future expansion, a less obvious advantage in established areas. While the home's size is modest citywide, its strengths are highly local—it represents a competitively valued asset within its specific community rather than a standout in the broader metro.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home last sold in early 2021 for an estimated $26.50k–$29.50k. Its current assessed value of $32.70k is higher, indicating a significant increase in its municipal valuation since that last sale.

2. Is the living space smaller than average?
Within the King Edward neighbourhood and on Hampton Street itself, the living area is very close to the local average. It is, however, below the citywide average for homes, which is common for many established inner-city neighbourhoods.

3. What does the "above average" ranking for Year Built mean?
Built in 1961, it is a newer home compared to many in King Edward, where the average comparable home was built around 1948. This could imply updates to core systems, though a specific inspection is needed.

4. Who would this property not suit as well?
Buyers seeking a large, move-in-ready home with ample above-ground square footage or modern open-concept layouts may find it limiting. Its strengths are in value, lot size, and location rather than expansive living areas.

5. How can I get the exact historical sale price?
The exact sold price is not publicly displayed. You can request it directly via the provided email form; the service promises to provide the accurate figure manually without using your email for unsolicited marketing.