Property Overview: 151 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This two-storey home on Oakview Avenue stands out for its generous living space. At 1,749 sqft, it offers significantly more room than most homes on its street and in the wider Kildonan Drive area, placing it in the top tier for size. This is complemented by a renovated basement, adding functional living area, and a detached garage. The lot is a comfortable, average size for the immediate street.
The appeal lies in this combination of ample interior space within a well-established neighbourhood. While the home itself is older, built in 1914, the renovated basement suggests updates have been made. The assessed value of $340k is above average for Oakview Avenue, yet sits around the middle range for the broader city, indicating a potentially balanced value proposition for the amount of space offered.
This property would best suit buyers who prioritize interior square footage and character over a newer build. It’s ideal for someone looking for a home with room to grow, who appreciates the established feel of a mature neighbourhood like Kildonan Drive, and is comfortable with the maintenance considerations of a century-old home. The data suggests it offers a relative "space premium" compared to its immediate peers.
Frequently Asked Questions
1. How does the home’s age impact its value and condition?
Built in 1914, the home is among the older properties in the area. This can mean charming character but also requires diligent attention to maintenance for foundational elements, wiring, and plumbing. The renovated basement is a positive update, but a thorough inspection is essential.
2. The sold price history shows a wide range. What does this indicate?
The listed sold prices from 2016 and 2021 are estimates. The significant variance, and the fact that they are much lower than the current assessed value, highlights major market shifts over time and the limitation of this public data. Requesting the exact sold price history is necessary for an accurate analysis.
3. Is the assessed value a reliable indicator of the listing or market price?
Not directly. The $340k assessment is for municipal tax purposes. Market value is determined by current supply, demand, and the home's specific condition. The assessment does, however, show the home is valued higher than most on its street, likely due to its larger size and renovations.
4. How does the lot size compare?
At just under 5,000 sqft, the lot is typical for Oakview Avenue but is smaller than the average lot in the larger Kildonan Drive area. This means ample yard space for a city home, but not an exceptionally large parcel.
5. What is the significance of the "Top X%" rankings provided?
These rankings contextualize each feature against local homes. For example, living area being in the "Top 3%" on its street powerfully illustrates that this is one of the largest homes available on Oakview Avenue, which is its most compelling statistical feature.