Property Summary: 787 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1970, situated on a large, quiet lot of nearly 7,000 sqft in the Eric Coy neighbourhood. Its key features include a fully finished basement and a detached garage. With 904 sqft of living space above grade, it presents as a compact and manageable bungalow.
The primary appeal lies in its established setting and generous outdoor space, offering room for gardening, play, or expansion relative to many newer lots. Its recent sale history shows stable value. This home would best suit first-time buyers, downsizers, or practical investors looking for a solid entry into a mature neighbourhood without the upkeep of a larger house. It’s a property for those who prioritize land size and a quiet street over modern square footage or brand-new condition. A thoughtful perspective is that while its interior size ranks below most in the city, its lot size and overall assessed value rank above average, suggesting the land itself is a significant driver of its worth.
Frequently Asked Questions
1. How does the finished basement affect the living space?
While the main floor is 904 sqft, the finished basement adds significant usable living area, effectively doubling the functional space for recreation, storage, or additional bedrooms.
2. What do the ranking percentages actually mean?
They show how this property compares to others in the immediate area. For example, ranking in the "top 17%" for lot size in Winnipeg means 83% of city lots are smaller, highlighting this property's above-average outdoor space.
3. Is the 2021 sale price relevant today?
It provides a recent benchmark for the home's market value and shows a purchase price very close to the current assessed value, indicating stable market perception over the last few years.
4. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or extensive main-floor square footage, as its living area is more compact and the design reflects its 1970s origins.
5. What is the potential here for a future buyer?
The large lot presents a clear long-term opportunity. Whether for adding a deck, expanding the home, or simply enjoying ample green space, the property offers a land value that many newer subdivisions do not.