Property Summary: 470 Hampton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modern, two-storey home built in 2020, offering a move-in-ready opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its combination of new construction and a highly efficient layout. With 1,265 sqft of living space, it offers above-average roominess for both its immediate street and the broader neighbourhood, all situated on a compact, low-maintenance lot.
The home’s standout characteristic is its exceptional assessed value ranking—it sits in the top 5% on its street and top 8% in King Edward. This suggests it is viewed as a high-quality asset relative to its local peers. The property would suit first-time buyers or downsizers seeking a modern home without extensive upkeep, and investors looking for a newer property with strong assessed value in a central area. A thoughtful perspective is that the compact lot, while below average in size, translates to less exterior maintenance, aligning perfectly with the modern, efficient design of the home itself.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is present but not renovated, offering potential for future expansion or storage.
2. Is there parking or a garage?
The listing indicates no garage. Buyers should inquire about on-site parking options, such as a driveway or pad.
3. How does the sold price history work?
The listed sold price (e.g., ~$31.50k - $34.50k in 4/2021) is a range based on public data. For the exact historical sale price, you must request it via the provided email service.
4. The lot size is noted as "below average." How significant is this?
The land area is notably smaller than most comparable properties in the city. This typically means a smaller yard, which can be a drawback for those wanting extensive outdoor space but a benefit for those prioritizing minimal landscaping and maintenance.
5. Why is the assessed value ranking so high compared to the lot size ranking?
The high assessed value ranking suggests that municipal assessment places significant value on the modern build (2020) and the efficient living space, outweighing the smaller lot size in their valuation formula. This often indicates a well-built, desirable structure.