823 Oakdale Drive

Property Summary: 823 Oakdale Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1970, offering a practical and comfortable layout with a fully finished basement. Its primary appeal lies in its generous 7,494 sqft lot, providing ample outdoor space that is increasingly rare, and its strong overall value position within Winnipeg. The property ranks in the top 14% of the city for lot size and the top 44% for assessed value, indicating a solid, established investment in a mature neighbourhood.

The home would suit first-time buyers or downsizers seeking a manageable single-level layout with room to grow outdoors, or value-oriented investors attracted by the below-average price point for its lot size. Its appeal is grounded more in space and long-term potential than in modern finishes, making it ideal for buyers who prioritize land over luxury and see value in a home that offers a blank canvas for gradual updates.

Section 2: Frequently Asked Questions

1. What does the ranking data actually mean for a buyer?
The rankings show the home competes very well city-wide for lot size and value, but is more average within its immediate neighbourhood for features like living space and age. This suggests you are paying for the land and location stability, not for the most modern house on the block.

2. Is the finished basement included in the 1,040 sqft living area?
Typically, the listed "living area" refers to above-grade square footage. The finished basement is an additional bonus space, adding significant functional room to the home's total usable area.

3. What are the implications of a 1970 build date?
Homes from this era often have solid construction but may require updates to major systems (like roofing, windows, or plumbing) and will reflect the interior layouts and styles of the time. A thorough inspection is advised to budget for any modernizations.

4. Who might find the "split" or "分体车库" layout beneficial?
A split garage (often a double garage separated by a wall) can be ideal for a workshop, secure storage, or keeping a project vehicle separate from a daily driver, offering more flexibility than a single open space.

5. How does the assessment value relate to the likely selling price?
The assessed value of $366,000 is for municipal tax purposes. The market price can be higher or lower based on condition, recent sales, and buyer demand. However, its ranking shows it is assessed higher than 56% of Winnipeg homes, providing a benchmark of its established tax value.