Property Overview
This 944 sqft home at 607 Hoka Street, built in 1956, presents a practical opportunity in Victoria West. Its key appeal lies in its position as a competitively priced, manageable property within a well-established neighborhood. The home sits on a 4,699 sqft lot that is actually larger than many in the immediate area, offering valuable outdoor space. While the living area is modest compared to city and street averages, its assessed value is notably below the street average, suggesting potential value for the right buyer.
This property would suit first-time buyers, downsizers, or practical investors looking for an entry point into a mature neighborhood without a premium price tag. It’s for someone who values lot size and location over a large interior footprint and sees the benefit in a home that is both newer than many in Victoria West and priced below its immediate surroundings on Hoka Street.
Frequently Asked Questions
Is this house smaller than others on the street?
Yes. At 944 sqft, the living area is below the street average of 1,092 sqft, ranking in the top 82% (meaning 82% of comparable homes on the street are larger).
How does the assessed value compare?
The assessed value of $284k is below the average for Hoka Street ($344.4k) and Winnipeg overall ($390.1k), but is very close to the Victoria West neighborhood average of $281.8k.
Is the lot a good size?
The 4,699 sqft lot is a standout feature for the area. It's above the Victoria West neighborhood average and provides more private outdoor space than most lots on Hoka Street itself.
The house was built in 1956. Is that old for the area?
Interestingly, no. While it's slightly older than the average on Hoka Street, it is notably newer than the typical Victoria West home (neighborhood average year built is 1945), meaning it may have more modern foundations or updates than many surrounding properties.
What’s the main takeaway from all these rankings?
They paint a picture of a home that is a pragmatic choice. You're acquiring a land-advantaged property in a central neighborhood, with a manageable-sized house at a value price, but you are compromising on interior square footage compared to peers.