Property Overview: 1556 Hoka Street, Winnipeg
Key Characteristics & Appeal
This 1984-built home in the Meadows neighbourhood stands out for its above-average living space. With 1,538 square feet, it ranks in the top 5% of homes on Hoka Street for size, offering significantly more room than many immediate neighbours. The lot is a standard suburban size at just over 5,500 square feet. Its assessed value is notably strong for its street, placing in the top 4%, suggesting it is a premium property within its local context.
The primary appeal lies in its combination of generous interior space on a well-established street. It suits buyers looking for a home that feels roomier than others in the immediate area without requiring a brand-new build. It’s particularly well-matched for someone who values a mature neighbourhood but wants more square footage than typically found in homes from the 1960s and 70s nearby. A thoughtful perspective is that while the home is 42 years old, it is newer than many in the wider city and on its street, potentially meaning fewer major age-related updates than older stock, but still offering the character of an established community.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is for municipal tax purposes. The home last sold between $350k-$400k in 2019. Market value is determined by current conditions, but the fact that its assessment is elite for the street indicates it has been historically valued higher than its neighbours.
2. Is the living area spread over multiple floors?
The data provided specifies the total finished living area (1,538 sq ft) but not the layout. This would be a key detail to confirm with a viewing or floor plan, as it affects the feel of the space.
3. What does the "around average" ranking for lot size mean?
The lot is approximately 5,584 sq ft, which is very typical for the Meadows area and on Hoka Street itself. It provides a standard suburban yard space but is not an unusually large or small lot for the community.
4. The home is newer than many on the street. Does that mean it's had updates?
Being built in 1984 means it is newer than the street average (1965), but it does not automatically indicate recent renovations. The systems, roof, and interior finishes are now 42 years old, so their condition and update history are important to investigate.
5. How can I find out the exact past sale price?
The provider offers a manual service to share the exact sold price history via email upon request, as public records often show ranges. This can give more precise context for past valuation.