Property Overview: 16 Hookway Crescent
This well-situated Elmhurst bungalow presents a practical and comfortable living opportunity. Built in 1989, its key appeal lies in a combination of space, established location, and move-in-ready condition. The 1,625 sqft home sits on a generous 6,336 sqft lot and features a fully finished basement and an attached garage. Its rankings suggest a property that is newer and holds a higher assessed value than many in the wider Winnipeg area, yet it offers more interior space than most comparable homes on its own street. This creates a value proposition for buyers seeking an established neighborhood without the upkeep of an older home.
The home would suit first-time buyers looking for a manageable single-story layout, downsizers seeking main-floor living without sacrificing space, or investors attracted by a turnkey property in a stable community. A less obvious angle is its appeal to those who value data-driven decisions; the provided rankings paint a clear picture of where this home stands relative to its immediate and broader market, offering a grounded sense of its competitive position.
Frequently Asked Questions
Q: What is the general condition and style of the home?
A: It is a 37-year-old, one-storey bungalow (also listed as a "ONE STOREY" building type). The presence of a fully finished basement suggests it is in move-in-ready condition, though a viewing is recommended to assess the specific state of updates and finishes.
Q: How does this property compare to others in the area?
A: The data rankings provide a snapshot. The home is newer than about 83% of homes in Elmhurst and has a higher assessed value than roughly 79% in the community. Interestingly, while its lot and assessed value rank highly, its interior living area is more moderate compared to direct street neighbors, offering a balance.
Q: Is the basement included in the listed living area?
A: Typically, Canadian listings quote above-grade square footage. The 1,625 sqft is likely the main-floor living area. The fully finished basement provides additional, valuable living space that is not included in that official figure.
Q: What kind of buyer would this home best suit?
A: Its single-story design is ideal for those seeking accessibility or wanting to avoid stairs. It fits buyers looking for a established, low-maintenance property in a mature neighborhood, rather than those seeking a brand-new build or a major renovation project.
Q: What does the lot size mean for me?
A: At over 6,300 sqft, the lot is larger than average, offering ample private outdoor space for gardening, recreation, or future additions like a deck or shed. This is a significant feature for a bungalow, providing a sense of openness.