Property Overview: 783 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-story home in a mature Winnipeg neighborhood. Its primary appeal lies in its generous, nearly 7,000 sqft lot—a significant size that offers ample outdoor space for gardening, play, or expansion, ranking highly within the local area. The 1,304 sqft home features a finished basement and an attached garage, providing practical living space. Built in 1966, the house presents a solid opportunity for buyers who value a large property footprint and the character of an established community over a newer build.
The property’s value proposition is nuanced. While the home's age and interior size are fairly average for its surroundings, the lot size is a standout feature, offering relative rarity and long-term potential. It would suit a practical buyer—perhaps a growing family seeking outdoor space, a downsizer looking for a manageable single-level layout with room for hobbies, or an investor/renovator who sees value in the land and the solid foundation of a 60-year-old home. The appeal is for those who view the property not just for its current state, but for the possibilities its substantial lot affords.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in its community, and across Winnipeg. For example, its lot size ranks in the top 17% city-wide, meaning it's larger than 83% of Winnipeg properties—a key strength. Conversely, its build year is newer than only 44% of city homes, confirming its status as a mature property.
2. Is the finished basement included in the 1,304 sqft living area?
Typically, "living area" refers to above-grade, heated space. The finished basement is an additional area, adding functional square footage like a rec room or extra bedrooms not reflected in the main living area figure.
3. What are the implications of a 1966 build year?
While offering established neighborhoods and often sturdy construction, homes of this age may have original components (like roofing, windows, or plumbing) nearing or due for updates. A thorough inspection is advised to budget for any modernizations.
4. The assessment value is $358,000. Is that the sale price?
No. The municipal assessment is for tax purposes and can differ from market value. The listing price is set by the seller based on current market conditions, which may be higher or lower than the assessed value.
5. Who would this property NOT suit?
It may not be ideal for buyers seeking a modern, move-in-ready home without any projects, or those who prioritize a new, energy-efficient build. The value here is more in the land and location than in contemporary finishes or systems.