Property Summary: 679 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This 2011-built, single-storey home sits on a large, approximately 9,423 sqft lot in the Eric Coy neighbourhood. Its key characteristic is the balance it offers: it’s a modern, low-maintenance home (only 15 years old) paired with a substantial piece of land, a combination that can be hard to find. The 1,094 sqft living space is functional for a smaller household, and the unfinished basement presents a clear opportunity for future customization and added value.
Its appeal lies in its strong fundamentals and potential. The property ranks exceptionally well for its newer age (newer than 97% of homes in the community) and for its above-average lot size. While the living area is modest, the large yard expands the usable space outdoors. It would suit first-time buyers or downsizers looking for a newer, move-in-ready home without sacrificing yard space, or value-oriented buyers who see the unfinished basement as a blank canvas for a future rec room, suite, or additional bedrooms.
A less obvious perspective is its ranking for assessed value—it’s assessed higher than 68% of all Winnipeg homes, suggesting solid underlying value for the area. This isn’t a fixer-upper; it’s a stable property where the primary project (the basement) is optional and can be tackled on the buyer’s own timeline.
Frequently Asked Questions
1. What does the "unfinished basement" entail?
It is a full basement with rough-in for utilities, awaiting drywall, flooring, and final finishes. It represents significant potential to increase the home's liveable square footage.
2. Is the property suitable for adding a garage later?
Given the very large lot size, there is likely space to add a detached garage or workshop, subject to municipal zoning and setback bylaws. This is a key advantage of the property.
3. How does the home's age (2011) benefit a buyer?
A 2011 build means major components like the roof, windows, furnace, and appliances are relatively modern and likely have several years of service life remaining, reducing immediate repair concerns.
4. The living area ranks lower than the lot and age. Will the house feel small?
At 1,094 sqft, it is efficient for a couple or small family. The sense of space is augmented by the large yard, and the unfinished basement offers a clear path to expansion if needed.
5. What is the significance of the high assessment value ranking?
Ranking higher than 68% of Winnipeg homes for assessed value indicates that, for its offering (age, lot, location), the municipality views it as a above-average property, which can be a positive indicator for long-term value stability.