315 Hampton Street

Property Overview & Key Characteristics

This one-and-a-half storey home on Hampton Street in Winnipeg's King Edward neighbourhood presents a practical, no-frills opportunity. Built in 1918, its 960 sqft living area and 3,490 sqft lot are very typical for the immediate area, offering a sense of stability and predictability rather than standout size. A key feature is its renovated basement, adding functional living space. The home lacks a garage or pool, keeping maintenance simpler and costs focused on the essentials.

Its appeal lies in its position as a solid, average performer within a well-established community. For its street and neighbourhood, it ranks consistently in the middle ranges for size, value, and lot, meaning you're getting what is standard for the area without overpaying for premium features. This makes it a sensible choice for first-time buyers, downsizers, or practical investors seeking an affordable entry into the Winnipeg market with a renovated basement already in place. It suits someone comfortable with a century-old home's character and potential upkeep, who values a straightforward property in a mature neighbourhood over newer construction or expansive lots found further out in the city.

Frequently Asked Questions

1. How does this home's value compare to others in Winnipeg?
The home's assessed value is significantly below the Winnipeg city-wide average, but it's squarely average for both Hampton Street and the broader King Edward neighbourhood. This indicates you are paying primarily for the location and local market, not for extra square footage or land compared to newer suburban areas.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the renovation, whether it includes a proper secondary suite or simply finished living space, and if all necessary permits were obtained.

3. Is the lack of a garage a major concern?
For this street and area, the lack of a garage is common. Buyers should consider on-street parking availability and their personal tolerance for it, especially during Winnipeg winters. The lot size is typical for the area, so adding a garage later would likely consume a significant portion of the yard.

4. The home is over 100 years old. What should I be aware of?
While the systems (roof, wiring, plumbing, foundation) may have been updated over time, a thorough inspection is crucial for a home of this age. Its "around average" ranking for year built on the street suggests many neighbours are of similar vintage, which can be reassuring regarding neighbourhood character and shared maintenance experiences.

5. The sold price history shows ranges, not exact figures. Why?
The provided sold price ranges are derived from public data. To obtain the exact historical sale prices, you must request them directly from the listing source via email, as they manually verify and provide this detail to ensure accuracy.