Property Overview: 1583 Hoka Street, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1985, sits on a 5,532 sqft lot in the Meadows neighbourhood. Its standout characteristic is its age relative to the immediate area: it ranks in the top 3% on its street for being newer, suggesting it may have undergone updates that older neighbouring homes have not. The home’s assessed value is notably strong for Hoka Street, placing in the top 17%, which indicates it is viewed favorably compared to its direct peers.
The appeal lies in its position as a relatively modern home on a street with many older properties, potentially offering more contemporary systems and less immediate need for major upgrades. The lot size is consistent with the area, providing standard outdoor space. It suits practical buyers looking for a solid, no-surprises home in a mature neighbourhood—perhaps first-time homeowners or downsizers who value a property that stands out slightly from its immediate neighbours in terms of condition and assessment, without being an outlier in size or scale.
Frequently Asked Questions
1. How does the 1985 build date affect this home?
Being built in 1985 makes this home significantly newer than many on its street, where the average build year is around 1965. This often translates to updated electrical, plumbing, and insulation standards, potentially reducing near-term renovation costs.
2. The assessed value seems high for the street. Is that good?
A higher assessed value compared to street peers can be positive, often reflecting better condition, additions, or improvements. However, it's important to verify this through a viewing and consider that it may also influence property tax calculations.
3. What does the sold price history tell us?
The home sold in 2016 and 2019 within the $250k-$350k range. This history shows active market turnover and provides a benchmark, but the exact sold prices are needed to understand precise appreciation trends.
4. Is the living area smaller than average?
At 1,040 sqft, the living area is slightly below the averages for the street, area, and city. This points to a efficient, likely bungalow-style layout, which may appeal to those seeking easier maintenance and single-level living.
5. How can I get the exact past sold prices?
The exact sold prices are not publicly displayed due to data privacy. You can request them directly via the email prompt on the listing page; the service provider commits to providing the figures manually without using your email for marketing.