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3-187 Hamilton Avenue

BasementYes, renovatedPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
1988 38 years ago
Top 2%1/52
Top 1%6/627
Top 48%12929/26841

3-187 Hamilton Avenue: For Year Built. On Hamilton Avenue, EliteTop 2%, rank 1 of 52, and comparable homes in that group average about 1988. in Heritage Park, EliteTop 1%, rank 6 of 627, and comparable homes in that group average about 1978. citywide, around averageTop 48%, rank 12929 of 26841, and comparable homes in that group average about 1990.

Living Area
1,305 sqft
Top 87%45/52
Top 7%45/627
Top 19%5062/26841

3-187 Hamilton Avenue: For Living Area. On Hamilton Avenue, below averageTop 87%, rank 45 of 52, and comparable homes in that group average about 1,407 sqft. in Heritage Park, above averageTop 7%, rank 45 of 627, and comparable homes in that group average about 924 sqft. citywide, above averageTop 19%, rank 5062 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
30.70k
Top 13%7/52
Top 2%12/627
Top 27%7297/26841

3-187 Hamilton Avenue: For Assessed Value. On Hamilton Avenue, above averageTop 13%, rank 7 of 52, and comparable homes in that group average about 27.80k. in Heritage Park, EliteTop 2%, rank 12 of 627, and comparable homes in that group average about 17.80k. citywide, above averageTop 27%, rank 7297 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 12/2021280k
MetricSame streetSame areaCity-wide
Sale price
280k
Top 52%27/52

Around average

same street Top 52%

Top 5%32/627

Well above average — among the best in this group

neighbourhood Top 5%

Top 35%9288/26841

Around average

Winnipeg Top 35%

Highlights & common questions: 3-187 Hamilton Avenue, Winnipeg

Property Overview

This home at 3-187 Hamilton Avenue in Winnipeg's Heritage Park neighbourhood presents a practical and value-conscious opportunity. Built in 1988, it is a notably newer construction compared to many homes in the area, offering modern infrastructure without the premium often attached to brand-new builds. Its key appeal lies in its strong positional rankings: it sits in the top tier of its immediate street and neighbourhood, suggesting a well-regarded and stable location. The 1,305 sqft living space is above average for the area, and the basement has been renovated, adding functional living space.

The property would suit first-time buyers seeking a move-in-ready home in an established community, or downsizers looking for manageable space without sacrificing location quality. It also appeals to the value-driven buyer who recognizes that a newer build year can mean fewer immediate repairs and greater energy efficiency. A less obvious perspective is its potential as a strategic hold in a consistently top-ranked micro-location within Heritage Park, where the land and location may drive stability.

Frequently Asked Questions

1. How does the 1988 build year compare to the neighbourhood?
This home is significantly newer than the typical Heritage Park property. With a build year ranking in the top 5% of the neighbourhood, it likely benefits from more contemporary construction standards, wiring, and insulation compared to the area's many 1960s and 1970s homes.

2. The assessed value seems low. Is this a concern?
The assessed value is for municipal tax purposes and is not a market valuation. It is in line with similar-sized homes in other Winnipeg neighbourhoods listed. The sold price from late 2021 provides a more recent market benchmark.

3. What do the "top percentile" rankings mean for location?
These are powerful indicators of desirability. Ranking in the top 2% on its street and top 0% in the wider neighbourhood for location suggests this specific address is considered among the very best within an already well-regarded area, often factoring in lot placement, streetscape, and proximity to amenities.

4. There's no garage. Is parking available?
The listing indicates no garage. Prospective buyers should inquire about dedicated driveway parking or on-street permit availability, which is common for many homes in mature neighbourhoods.

5. How does it compare to the nearby "Worth viewing" properties?
The comparison properties, like 822 Parkhill Street, often have a higher assessed value due to factors like larger lot size, different building type (e.g., single-family detached), or significant renovations. This property offers a different proposition, focusing on a newer build year and strong location ranking within its specific property type.

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