305 Hampton Street

Property Overview: 305 Hampton Street, Winnipeg

Key Characteristics & Appeal

This is a substantial, character-filled home in Winnipeg's King Edward neighborhood. Built in 1918, the two-and-a-half-storey house offers 2,084 sqft of living space, placing it in the top 1% of homes in its immediate area for size. It features a renovated basement, contributing to its functional space. The lot is a generous 4,612 sqft, providing ample outdoor room for a central-city property.

The primary appeal lies in its combination of historic charm and above-average scale for the locale. It stands out on its street and within King Edward as a larger, more spacious option compared to neighboring homes. Its recent sale history suggests active market interest. This property would best suit a buyer looking for a home with vintage character and more interior room than is typical for the area, without the maintenance of a modern mega-lot. It’s a practical choice for someone who values space and established neighborhoods over a brand-new build.

A less obvious perspective is the value proposition: while its assessed value is above average for the street, it is below the citywide average, potentially indicating a more accessible entry point for a home of this size in Winnipeg. The data suggests you are paying predominantly for the generous living space and location, not an oversized parcel of land.

Frequently Asked Questions

1. How does the home’s size truly compare to others?
It is exceptionally large for its immediate surroundings. With 2,084 sqft, it ranks in the top 1% on Hampton Street and in the King Edward area, where comparable homes average under 1,050 sqft.

2. What does the assessed value tell me?
The assessed value of $29,600 is above average for the street and neighborhood, but below the citywide average. This typically reflects the home’s older age and the more modest land value for the area, not necessarily the market sale price.

3. Is the renovated basement a full suite?
The listing notes a renovated basement but does not specify if it is a legal suite. Buyers should verify the renovations comply with local codes and the nature of the improvements.

4. What might the sale history indicate?
The home sold recently in April 2024. The sold price range provided and the prior sale in 2020 suggest a market with appreciating value. For the exact sale price, you must request it directly from the site.

5. What are the considerations with a 108-year-old home?
While offering character, a home built in 1918 will likely have older infrastructure. Prospective buyers should budget for potential updates to plumbing, electrical, and the roof, and prioritize a thorough inspection to understand the home’s condition.