Property Overview: 1007 Hoka Street, Winnipeg
Key Characteristics & Appeal
This home at 1007 Hoka Street is a practical, mid-century bungalow built in 1960, situated in Winnipeg's Radisson neighborhood. Its key characteristic is balance: it presents as a squarely average property within its immediate context, offering a stable entry point into the market. With 927 sqft of living space, the home is notably cozier than many comparables on its street and in the wider city, but this is offset by a slightly larger-than-average lot for the area at just under 6,000 sqft. The assessed value of $322,000 aligns closely with neighborhood averages, suggesting a fair and established valuation.
The appeal lies in its straightforward, no-surprises profile. It suits first-time buyers or practical downsizers looking for a manageable footprint without a premium price tag. The generous lot size for the area is a standout feature, offering valuable outdoor space or future expansion potential that many similarly priced homes may lack. It’s a property for those who value a larger yard over a larger interior and see the below-average living area as an opportunity for efficient, low-maintenance living rather than a drawback. The home’s recent sale history (sold between $250k-$300k in mid-2020) indicates it has been a affordable holding in a stable market segment.
Frequently Asked Questions
1. Is the below-average living area a concern?
It’s a defining trait. At 927 sqft, the home is smaller than most on its street and in Winnipeg overall. This suits buyers seeking simplicity and lower utility costs, but those needing more room should consider the layout carefully.
2. How does the assessed value compare to likely market price?
The $322,000 assessment is firmly in line with neighborhood averages. Given it sold for between $250,000 and $300,000 in 2020, the current assessment reflects the broader market increase. It provides a reliable baseline for property taxes and market value discussion.
3. What does the lot size mean for me?
At 5,983 sqft, the lot is larger than many in Radisson. This is the property's less obvious advantage, offering more private outdoor space, gardening potential, or room for additions like a shed or deck compared to tighter lots.
4. Are sold prices from 2020 still relevant?
As a historical benchmark, yes. It shows the home's price trajectory was affordable pre-2020. For a precise current market value, a direct comparison with recent sales of similar homes in Radisson is essential, as markets have shifted since.
5. How can I get the exact past sold price?
The site provides sold price ranges publicly. Due to data licensing rules, exact sale figures are not displayed online. You can request the precise historical sold price by emailing the site directly for a manual lookup.