52.1
Fair
Property score
52.1
Fair
Overall 52.1
Newer than most nearby homes
800 sqft (bottom 31%)
Built in 1996 (48 yrs newer than avg)
Located in a above-average income area
with median household income of ~80k
Transit 86.0
3-min walk to transit with 4 nearby routes
Within 500m: 10 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
16% smaller than neighborhood avg.
Year Built
Above average
48 yrs newer than neighborhood avg.
Mother tongue
English · 73%Tagalog · 10%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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52.1 is composed by the two sections below.
Property Score
Community Score
King Edward
How to read: Share of sales in each ~$50k price band for “king edward” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110242
$80K
Median household income
$77K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.1
P90 / P10 ratio
31%
Single-person households
21%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
224 Hampton Street — 27 amenities found within 500 m, across 7 categories, including 10 dining (nearest 141 m), 1 education (nearest 357 m), 2 healthcare (nearest 378 m).
King Edward · WPS public data · 2026
Annual incidents
32
2026
vs. city avg
+8%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
47%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 41% | Bottom 49% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview & Key Characteristics
This 1996-built bi-level home at 224 Hampton Street presents a practical and modern option within Winnipeg's King Edward neighbourhood. Its primary appeal lies in being a relatively newer construction compared to most homes on its street and in the wider area, offering a more contemporary foundation without the common concerns of a century-old property. The living space is a compact 800 sqft, which places it below average in size for the city, but efficiently laid out over two levels including a renovated basement. The lot is also smaller than typical, at 2,410 sqft.
This home would suit first-time buyers or downsizers seeking a low-maintenance, modern-built home in an established neighbourhood without a large yard to manage. Its assessed value is modest and in line with the immediate area, representing a potentially accessible entry point. A thoughtful perspective is that while the interior and lot are compact, the newer build year likely translates to greater energy efficiency and fewer major system updates in the near term compared to neighbouring, older homes.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
The lot is notably smaller than most in Winnipeg. This means minimal yard maintenance, which is a benefit for those seeking simplicity. However, it also limits potential for expansions, large gardens, or extensive outdoor recreation space.
2. The home is described as "below average" in size city-wide. How livable is 800 sqft?
At 800 sqft, the home is compact. The bi-level design with a renovated basement helps create distinct living zones. It is best suited for individuals, couples, or small families who prioritize efficient living over spaciousness.
3. What are the implications of the 1996 build year?
Built in 1996, this home is significantly newer than the neighbourhood average (often pre-1950). This is a key advantage, suggesting modern construction standards, likely better insulation, and wiring that can more easily accommodate contemporary technology. Major components like the roof or furnace may be nearer to their replacement cycle than in a brand-new home, however.
4. The assessed value seems low. What does this indicate?
The assessed value is for municipal tax purposes and reflects factors like lot size, living area, and build year. Its value is average for King Edward but below the city average, which is influenced by newer, larger suburban homes. This can indicate a relatively lower property tax burden.
5. What is the neighbourhood context like?
Located on Hampton Street in King Edward, the home is on a street with a mix of older and some newer homes. The data shows that for its street, it ranks very well for being newer but has a smaller footprint. It offers the established feel of a central neighbourhood with the practical benefits of a more modern structure.
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