Property Summary: 247 Oakdale Drive
Key Characteristics & Appeal
This is a classic, one-storey home on an exceptionally large, mature lot in the Marlton area. Its primary appeal lies in the rare combination of a 1930s character home with over 18,500 sqft of land—a parcel size that surpasses 98% of all properties in Winnipeg. The home itself is modest at 703 sqft and features a finished basement and a detached garage.
This property would best suit a specific type of buyer: those who value expansive outdoor space and long-term potential over immediate move-in size. It’s ideal for someone with a vision for gardening, outdoor living, or future expansion, and who appreciates the established neighborhood feel. The very competitive land size is contrasted with a home that is older and smaller than most in the area, making it a compelling project or lifestyle purchase rather than a standard family home. It represents an opportunity to own a piece of land rarely available in the city, with the existing house serving as a foundation.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property against others on its street, in Marlton, and across all of Winnipeg. For example, its land size is in the top 2% city-wide, but its age and living area are older and smaller than the majority of local homes. This highlights its unique profile.
2. Is the house in need of major updates?
Given its age (built in 1930), buyers should budget for updates to mechanical systems, windows, and insulation that are typical for homes of this era. The finished basement adds living space but may also reflect older styles.
3. What are the possibilities for such a large lot?
The lot is the standout feature. It offers exceptional space for landscaping, gardening, recreational areas, or even future additions like a workshop, larger garage, or home expansion, subject to local zoning bylaws.
4. How does the assessment value relate to the asking price?
The municipal assessment is $339,000, which provides a baseline for taxation. The eventual sale price will be determined by the market, likely influenced by the high value of the land and the condition of the home.
5. Who would this property not suit?
It may not suit buyers seeking a modern, low-maintenance, or immediately spacious turn-key home. The smaller living area and age of the property require a willingness to manage updates and appreciate the value of the land itself.