59 Hookway Crescent

Property Overview: 59 Hookway Crescent

Key Features & Ideal Buyer

This two-storey family home in Elmhurst is defined by its generous scale and established setting. Its primary appeal lies in offering substantial interior and exterior space, a combination that is increasingly rare. With nearly 2,825 sqft of finished living space and a large, 12,278 sqft lot, the property provides ample room for family life, entertaining, and gardening. The inclusion of a finished basement and an in-ground pool adds significant recreational value right at home.

The home’s standout characteristic is its strong competitive positioning within the broader market. The data indicates it ranks in the top tier for lot size, living area, and assessed value—not just in its immediate neighborhood but across all of Winnipeg. This suggests a property that is a standout in its category. Built in 1989, it offers a balance of modern layout and established maturity in its landscaping and community.

This property would best suit a buyer looking for a long-term family home who values space and privacy over a brand-new build. It’s ideal for those who want room to grow, enjoy hosting, and appreciate the character of a well-established, tree-lined neighborhood. The pool makes it particularly appealing for families who prioritize summer leisure at home. It’s a home for someone who sees value in proven, substantial lots and is comfortable with the maintenance and personalization that comes with a home of this age and size.

Frequently Asked Questions

1. What is the significance of the property’s high rankings?
The rankings show how this home compares to others in its immediate area and city-wide. Ranking in the top 3-6% for size and value in Winnipeg means it offers more space and assessed value than the vast majority of homes on the market, which is a key indicator of its premium positioning.

2. Is the lack of a garage a major drawback?
While the home has no garage, the very large lot (over 12,000 sqft) presents a potential opportunity. For the right buyer, there is ample space to add a detached garage or workshop, subject to local zoning and permitting.

3. What should I consider with a 1989-built home?
Homes from this era often have modern floor plans and wiring, but key components like the roof, windows, HVAC system, and the pool equipment are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand upcoming maintenance or replacement costs.

4. How does the pool impact insurance and utility costs?
An in-ground pool increases annual maintenance costs and will typically raise home insurance premiums. It also contributes to higher summer utility bills for pumping and heating. However, for many, this is a worthwhile trade-off for the private recreational amenity.

5. Why is the lot size highlighted as a key feature?
In mature neighborhoods like Elmhurst, lots of this scale (over a quarter-acre) are uncommon and rarely come available. This lot size offers exceptional privacy, space for additions or gardens, and is a fundamental value driver that cannot be replicated in newer subdivisions.