| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1988 （38 years ago） | Top 2%1/52 Avg1988 Top 1%6/627 Avg1978 Top 48%12929/26841 Avg1990 3-171 Hamilton Avenue: For Year Built. On Hamilton Avenue, Elite — Top 2%, rank 1 of 52, and comparable homes in that group average about 1988. in Heritage Park, Elite — Top 1%, rank 6 of 627, and comparable homes in that group average about 1978. citywide, around average — Top 48%, rank 12929 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,447 sqft | Top 25%13/52 Avg1,407 sqft Top 2%13/627 Avg924 sqft Top 11%2980/26841 Avg1,042 sqft 3-171 Hamilton Avenue: For Living Area. On Hamilton Avenue, above average — Top 25%, rank 13 of 52, and comparable homes in that group average about 1,407 sqft. in Heritage Park, Elite — Top 2%, rank 13 of 627, and comparable homes in that group average about 924 sqft. citywide, above average — Top 11%, rank 2980 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 26.70k | Top 65%34/52 Avg27.80k Top 6%39/627 Avg17.80k Top 38%10149/26841 Avg25.60k 3-171 Hamilton Avenue: For Assessed Value. On Hamilton Avenue, around average — Top 65%, rank 34 of 52, and comparable homes in that group average about 27.80k. in Heritage Park, above average — Top 6%, rank 39 of 627, and comparable homes in that group average about 17.80k. citywide, around average — Top 38%, rank 10149 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 26.70k | Top 65%34/52 Avg Around average same street Top 65% | Top 6%39/627 Avg Above average neighbourhood Top 6% | Top 38%10149/26841 Avg Around average Winnipeg Top 38% |
Property Overview
This home at 3-171 Hamilton Avenue in Winnipeg's Heritage Park neighbourhood presents a practical opportunity in a well-regarded area. Built in 1988, it is a newer construction compared to many homes in the wider community. Its key appeal lies in its balance of space and value, featuring 1,447 sqft of living area and a renovated basement, which adds functional living space. The property ranks exceptionally high within its immediate street and neighbourhood for lot size, suggesting a more generous outdoor space than most nearby homes.
It would suit first-time buyers or value-conscious purchasers looking for a solid, move-in-ready home with modernized touches in a mature neighbourhood. The attractive price point, evidenced by its below-average assessed value for Winnipeg, also makes it a candidate for investors seeking a rental property in a stable area. A less obvious perspective is that its "newer" age for the area could mean fewer immediate major repairs compared to neighbouring homes built in the 1960s and 70s, while the high land ranking hints at potential for future outdoor enjoyment or landscaping projects.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A professional inspection or follow-up with the listing agent is recommended to understand the quality, permitted status, and exact nature of this space.
2. Is there any garage or dedicated parking?
The listing specifies "Garage: None." Prospective buyers should inquire about on-site parking arrangements, such as a driveway or designated spot, as this is common for properties without a garage.
3. How does the assessed value compare to the likely asking or selling price?
The last recorded sold price and current assessed value are both $26,700. In many markets, assessed values for tax purposes can differ from market value. It is essential to review recent comparable sales in Heritage Park to understand the current market price.
4. The home ranks very high for land area but lower for assessed value. What does this mean?
This combination often indicates that the value is primarily in the land itself or that the interior finishes/footprint may be more modest compared to the lot size. It can represent an opportunity for buyers who prioritize outdoor space.
5. The neighbourhood ranking is top-tier, but the Winnipeg-wide ranking for value is lower. Is this a concern?
Not necessarily. This pattern is typical for stable, established neighbourhoods within a larger city. It reflects that Heritage Park is a desirable area where property values are consistently strong relative to the broader, more varied Winnipeg market, which includes many newer suburban developments.
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