This 1963-built, single-storey home on Oakdale Drive presents a unique proposition centered on land and potential. Its primary characteristic is the substantial, half-acre lot (21,747 sqft), which places it in the top tier of property sizes for Winnipeg. The home itself is a modest 1,056 sqft bungalow with a finished basement and a detached garage. Its appeal lies in this significant land-to-structure ratio, offering rare space for expansion, gardening, or outdoor recreation within the city. The property ranks highly for lot size and assessed value within its area, suggesting a solid underlying asset.
It would best suit a buyer with a vision—someone looking for a spacious, quiet setting and willing to update the existing home over time, or who sees the long-term potential of the lot itself. It's also a fit for those prioritizing private outdoor space over a large or modern interior. A less obvious perspective is its appeal to multi-generational families; the large lot could accommodate future additions, while the single-level layout is accessible. The strong city-wide ranking for lot size indicates this is a increasingly scarce commodity in the urban market.
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What is the condition of the home, given its age? Built in 1963, prospective buyers should budget for updates to major systems like plumbing, electrical, and the roof, and plan for a thorough inspection to understand the scope of any modernization needed.
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How does the large lot impact costs and bylaws? While offering great potential, a lot of this size typically means higher property taxes and increased maintenance (e.g., lawn care, snow clearing). It's wise to check municipal bylaws regarding any future plans for sheds, fences, or additions.
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Is the basement a legal suite or simply finished space? The listing notes a finished basement. Clarifying whether it has a separate entrance, kitchen facilities, and meets current code for a secondary suite is important for understanding its utility and value.
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What is the neighbourhood character and future development outlook? The home is in a well-established area. Researching any long-term community plans or zoning changes in the vicinity is prudent, as they could affect both the peaceful setting and the property's future development potential.
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Why are the rankings for "newness" and "living area" much lower than for "lot size"? This highlights the property's profile: its outstanding asset is the land, not the size or newness of the dwelling. This disconnect is central to its value proposition and informs the type of buyer it will attract.