Property Overview: 168 Oakview Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Oakview Avenue in the Kildonan Drive area presents a compelling mix of space, value, and established character. Its key appeal lies in its above-average living area (1,281 sq ft) for its immediate street, offering more interior room than most neighboring homes. The property sits on a 5,000 sq ft lot, which is also generous for the local area, providing good outdoor space. A renovated basement adds functional living space.
The home’s assessed value ranks well above average for the street, suggesting it is viewed as a solid asset in its micro-neighborhood. However, it’s important to note the home was built in 1917. This age places it among the older homes in the city, which can mean charming character but also requires a buyer to be mindful of potential maintenance and updates compared to newer builds.
This property would suit a practical buyer looking for a spacious, well-valued home in an established area. It’s ideal for someone who appreciates a larger lot and interior space on a quiet street and is comfortable with the realities and rewards of an older home. It may not suit those seeking a modern, newly-built property or a very large yard by wider city standards.
Section 2: Frequently Asked Questions
1. How does the home’s age impact its value and condition?
Built in 1917, the home is notably older than most in Winnipeg. While it boasts a renovated basement, its age means buyers should prioritize a thorough inspection to understand the condition of core systems like plumbing, electrical, and the foundation, which can balance its above-average assessed value.
2. Is the living space truly larger than nearby homes?
Yes. The data shows this home’s living area is in the top 16% on Oakview Avenue itself, meaning it offers more interior square footage than 84% of comparable homes on the same street.
3. The lot size seems average city-wide but below average for Kildonan Drive. Why?
While the 5,000 sq ft lot is a good size, lots in the broader Kildonan Drive area tend to be larger. This means the property offers ample private outdoor space, but it may not feel as expansive as some others in the wider neighborhood.
4. What does the above-average assessed value on this street indicate?
It suggests that for its specific location on Oakview Avenue, the property is considered more valuable than most. This could be due to its larger size, the renovated basement, or overall condition relative to its immediate peers.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To obtain the precise sale price from November 2020, you can request it via email from the listing source, which provides this detail manually.