Property Overview
332 Hampton Street is a classic one-storey home in Winnipeg's King Edward neighbourhood. Built in 1921, it sits on a generous 4,346 sqft lot and features a renovated basement. With 872 sqft of living space and a detached garage, it presents a practical, low-maintenance footprint. The home's assessed value is positioned around the average for its immediate street and neighbourhood, suggesting it is priced in line with local expectations. Its appeal lies in its established community setting, the value-added of a finished basement, and the potential of a sizable yard for a central-city property. This home would suit first-time buyers, downsizers, or investors looking for a character home with functional updates in a long-standing residential area.
Key Details & FAQs
- Living Space: 872 sqft (one storey)
- Lot Size: 4,346 sqft
- Year Built: 1921
- Key Features: Renovated basement, detached garage.
- Neighbourhood: King Edward
1. How does the home's size compare to others?
At 872 sqft, the living area is below the Winnipeg city average but is quite typical for the King Edward neighbourhood, where it ranks near the middle of comparable homes.
2. What is the significance of the assessed value?
The assessed value of $25,100 is around the average for both Hampton Street and the wider King Edward area, indicating the property is not an outlier and is assessed in line with its local market.
3. What are the less obvious considerations for a home of this age?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should factor in potential updates to major aging components like plumbing, electrical, or the foundation, which are common for homes of this vintage.
4. Who might find the lot size particularly appealing?
The lot is larger than many in the neighbourhood. This is a standout feature for gardeners, those seeking ample outdoor space, or future buyers considering a potential addition, subject to zoning.
5. What does the sales history indicate?
The home sold in late 2020 within a range that aligns closely with its current assessed value. This recent transaction provides a concrete, modern benchmark for the property's market price.