386 Hampton Street

Property Overview: 386 Hampton Street, Winnipeg

Key Characteristics & Appeal

This bi-level home at 386 Hampton Street in the King Edward neighbourhood presents a practical and modernized living option. Its key characteristic is its relative newness, built in 1986, which is notably newer than most homes on its street and across Winnipeg. This suggests potentially fewer concerns with major aging components compared to much of the local housing stock. The home features a renovated basement and a living area of 920 sqft, which is quite standard for the immediate area but modest by wider city standards.

The appeal lies in its position as a well-situated, low-maintenance entry point into the market. It suits first-time buyers or practical downsizers looking for a modern foundation without the premium of a brand-new build. The assessed value is consistent with area norms, indicating a fairly priced property within its context. A thoughtful perspective is the lot size: at 2,791 sqft, it is smaller than average, which translates to less yard upkeep—a potential benefit for those seeking a simpler lifestyle—but less private outdoor space. This home is for the value-conscious buyer who prioritizes a move-in-ready condition and a newer build year over expansive square footage or a large yard.

Frequently Asked Questions

1. How does the home’s age compare to others nearby?
Built in 1986, this home is significantly newer than most in the King Edward area, where many homes date back to the early 1900s. This is one of its standout features.

2. Is the living space smaller than average?
At 920 sqft, it is slightly below the city-wide average but is very typical for the King Edward neighbourhood. It offers compact, efficient living space.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or listing agent.

4. How does the property’s value compare?
Its assessed value is around average for both Hampton Street and the broader King Edward neighbourhood, suggesting it is priced in line with local market conditions.

5. What are the implications of the smaller lot size?
The lot is 2,791 sqft, which is smaller than many in the city. This means less yard maintenance but also more limited outdoor private space and potentially less distance from neighbouring homes.