Property Overview
1607 Hoka Street is a well-situated home in Winnipeg's Meadows neighbourhood, built in 1984. Its standout feature is its generous 1,490 sqft of living space, which is notably larger than most comparable homes on its street and in the wider area. The property sits on a 5,171 sqft lot and carries a municipal assessed value of $36,700.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficient use of space. It offers significantly more interior square footage than typical homes on Hoka Street, ranking in the top 11%, while maintaining a manageable lot size. This suggests a practical layout that maximizes living area without the burden of extensive yard maintenance. Being newer than most houses on the block (ranking in the top 11% for year built) also implies potentially fewer immediate concerns with aging infrastructure compared to neighbours.
The property suits buyers looking for a comfortable, move-in-ready family home in an established area. It’s ideal for those who prioritize spacious interiors over a large yard. The recent sale history indicates steady market interest, and its assessed value is above average for its immediate street, which can be a point of stability. A thoughtful perspective is that this home represents a "sweet spot"—it’s newer and larger than its direct neighbours, offering modern convenience in a mature community, yet its city-wide metrics are average, suggesting it’s a solid, reasonably priced option without an inflated premium.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 1,490 sqft, the living space is substantially larger than the average home on Hoka Street (~1,092 sqft) and is above average for the Meadows area. It provides more interior room than most comparable local properties.
2. What does the assessed value indicate?
The municipal assessed value of $36,700 is above the average for Hoka Street. It's important to note that assessed value is used for property tax calculation and often differs from market value, which is influenced by recent sales like the 2023 sale in the $400k-$450k range.
3. Is the lot size a drawback?
The lot of 5,171 sqft is smaller than the average lot on Hoka Street but is very typical for the Meadows neighbourhood and city-wide. It offers a balance of outdoor space without excessive upkeep.
4. What are the implications of the 1984 build year?
Built in 1984, this home is newer than most on its street (ranking in the top 11%), which often means updated building materials and systems. However, as a 40-year-old home, a standard inspection is recommended to review the roof, windows, and major mechanical systems.
5. Where can I see more detailed neighbourhood data?
You can open the dedicated neighbourhood analysis page to view this property on a map and compare details like year built, living area, and lot size with nearby houses. For the exact historical sold prices, you can request that information via email from the listing service.