40.4
Below average
Property score
40.4
Below average
Overall 40.4
Smaller than most nearby homes
792 sqft (bottom 29%)
Built in 1918 (30 yrs older 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
17% smaller than neighborhood avg.
Year Built
Near average
30 yrs older 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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40.4 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
230 Hampton Street — 27 amenities found within 500 m, across 7 categories, including 10 dining (nearest 161 m), 1 education (nearest 374 m), 2 healthcare (nearest 383 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 1% | Bottom 13% | Bottom 5% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 230 Hampton Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1918, situated on a modest lot in the King Edward neighbourhood. Its primary appeal lies in its position as an accessible entry point into the Winnipeg market. With a living area of 792 sq ft, an unfinished basement, and no garage, the home is notably smaller and more basic than most comparable properties on its street, in the area, and across the city. The assessed value is significantly below average, reflecting its scale and condition.
The property would suit a specific type of buyer: a first-time purchaser or an investor looking for a low-cost foothold in a central location. Its appeal is not in its features or size, but in its potential as a starting point. A thoughtful perspective is that this home represents a "blank canvas" opportunity—its below-average metrics in almost every category mean there's little premium paid for existing finishes or amenities, allowing a buyer to invest in renovations tailored to their needs without overpaying for the initial structure. It’s a practical choice for someone prioritizing location and lot ownership over move-in-ready space.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's smaller size, older age, and basic condition compared to the broader Winnipeg market, which includes many larger, newer, and more updated properties.
2. What does the "unfinished basement" mean for potential living space?
The basement is present but not renovated, offering storage or utility space as-is. It represents future potential to add living area, but would require a significant investment to finish.
3. Is the property's smaller lot size a disadvantage?
While the lot is below average in size, it may mean lower maintenance costs and less yard work. For some buyers, a smaller, manageable lot in a central location can be a practical benefit rather than a drawback.
4. How should I interpret the recent sold price range?
The sold price range from late 2024 (approximately $14.5k - $17.5k) indicates the home transacts at a very low price point. This is consistent with its low assessment and suggests the market views it as a land-value proposition or a project property.
5. Who would this property not be suitable for?
It would not suit buyers looking for a turn-key home, those needing multiple bedrooms or ample living space, or anyone who requires a garage or updated amenities. It is best approached as a foundation for future improvement.
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