11 Hookway Crescent

Property Summary: 11 Hookway Crescent, Winnipeg

Key Characteristics & Appeal

This is a well-established, two-storey family home in Elmhurst, built in 1988. Its primary appeal lies in offering generous, move-in-ready space on a large lot. With nearly 1,900 sqft of finished living space, a fully finished basement, and a 5,600+ sqft property, it provides ample room for family living, hobbies, or future expansion. The home’s rankings reveal a thoughtful perspective: while its overall size is excellent compared to most of Winnipeg, it feels more comfortable and spacious within its own neighborhood, ranking in the top 20% locally. This suggests a good fit within a mature, established community rather than standing out as an oversized property.

The home suits buyers looking for a solid, low-maintenance foundation in a quiet crescent setting. It’s ideal for a growing family that values indoor and outdoor space over brand-new construction, or for downsizers from a larger property who still want room for guests and hobbies without the upkeep of an estate-sized lot. The finished basement adds valuable flexible space for a recreation room, home office, or separate living area. Its appeal is practical and grounded—it’s a home that offers more space than the average Winnipeg property, set on a generous lot in a neighborhood where it compares favorably to its immediate peers.

Frequently Asked Questions

1. How does the 1988 build year affect the home?
Homes from this era often feature modernized layouts (like open-concept main floors) compared to older builds, but may still have original major systems. A thorough inspection is recommended to assess the condition of the roof, windows, furnace, and electrical, which may be nearing or past their typical lifespans.

2. What do the ranking percentages actually mean for daily life?
They indicate how this property compares to others. For example, ranking in the top 20% for size within Elmhurst means you’re getting a notably spacious home for the area, which can be a benefit for resale. Conversely, being newer than only 19% of homes in the community simply confirms it’s in a mature, well-established neighborhood.

3. Is the finished basement included in the 1,891 sqft living area?
Typically, the listed "居住面积" (Living Area) in Manitoba refers to above-grade, finished space. The finished basement is an additional bonus area, adding significant functional square footage to the home’s total usable space.

4. What is the significance of the lot size?
At over 5,600 sqft, the lot is substantially larger than many newer subdivisions offer. This provides great potential for gardening, play space, adding a deck or patio, and generally more privacy and distance from neighbors.

5. How should I interpret the assessment value in relation to the asking price?
The municipal assessment ($534,000) is for taxation purposes and is based on a mass appraisal system from a prior date. It’s a useful data point showing the home is valued in the top 15% of Winnipeg properties, but the market-driven asking price will reflect current conditions, updates, and specific features not captured in the assessment.