Property score
55.8
Fair
Overall 55.8 · Newer than most nearby homes
900 sqft (bottom 48%) · Built in 1959 (11 yrs newer than avg)
Located in a above-average income area with median household income of ~75k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 dining spot, 1 school, 5 parks, and 1 sports facility nearby
Living Area
Near average
5% smaller than neighborhood avg.
Year Built
Above average
11 yrs newer than neighborhood avg.
Mother tongue
English · 76%Tagalog · 9%
Past 10 years King Edward sales snapshot (~80% of all data)
1,128
356.6k
$349/sqft
1948
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55.8 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: #46110238
$75K
Median household income
$87K
Average household income
12%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.9
P90 / P10 ratio
30%
Single-person households
22%
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
492 Hampton Street — 8 amenities found within 500 m, across 4 categories, including 1 dining (nearest 487 m), 1 education (nearest 231 m), 5 parks (nearest 89 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 | Top 44% | Top 44% | Bottom 24% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 900 sqft, one-storey home at 492 Hampton Street in Winnipeg's King Edward neighbourhood presents a practical and affordable entry point into the city's housing market. Built in 1959, it sits on a notably generous 4,652 sqft lot for the area. Key features include a renovated basement, adding valuable functional space. The home lacks a garage or pool. Its assessed value is significantly below the citywide average, reflecting its modest size and the neighbourhood, but it ranks around or above average for its immediate street and area in terms of lot size, year built, and value.
Section 1: Key Characteristics & Appeal
The primary appeal of this property lies in its balance of a large, usable lot with a low-maintenance, single-level layout. The renovated basement effectively expands the living space beyond the 900 sqft main floor. It is a character home from the late 1950s, newer than many in the immediate vicinity, which may mean fewer concerns about extremely aged infrastructure.
This home would best suit first-time buyers, downsizers, or practical investors seeking an affordable footprint with room to grow outdoors. It’s for someone who values yard space over square footage and is comfortable with a home that requires personalization. The lack of a garage and a living area below the city average makes it less suitable for those needing significant indoor storage or ample room for a growing family. Its strength is as a solid, no-frills foundation in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value is based on the property's characteristics and local market. While the lot is large for the area, the home's modest size and the neighbourhood's overall affordability result in a value that is typical for King Edward but well below the average for all Winnipeg properties, which includes newer, larger homes in more expensive areas.
2. What does "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this era typically means it has been finished into a livable space, possibly with a recreation room, bedroom, or laundry area. It implies basic amenities like proper walls, flooring, and ceiling, but inquiries should be made about the quality, permits, and moisture control.
3. How does the lot size compare?
At 4,652 sqft, the lot is significantly larger than the average for both Hampton Street and the King Edward area. This is a standout feature, offering more outdoor space for gardening, entertaining, or future additions like a shed or deck than is common for nearby homes.
4. What can the 2019 sale price range tell me?
The previous sale in the $23.5k-$26.5k range provides a historical benchmark. It indicates the property has been an affordable option for some time. The current assessed value of $28.3k suggests a modest increase in valuation since then, in line with market trends.
5. Who would this property not suit?
Buyers looking for a move-in-ready home with modern finishes and ample built-in storage may find it lacking. The absence of a garage and the single-storey layout with a basement may not suit those with mobility issues if the basement is not fully accessible. It's also less ideal for anyone prioritizing a modern, open-concept floor plan.
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