Property Overview: 354 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This is a classic, well-maintained one-storey home on an exceptionally large, mature lot in the Marlton area. Its primary appeal lies in the rare combination of a generous, private 26,497 sqft property with a functional, updated living space. The home itself features 1,296 sqft of finished living area, including a developed basement, and is complemented by a split garage.
The property’s standout feature is its land. The lot size ranks in the top 1% for all of Winnipeg, offering immense potential for gardening, recreation, or future expansion. While the home was built in 1944, its recent sale in July 2024 for $515,000—significantly above its assessed value—indicates strong market confidence and suggests it has been competitively updated. The rankings show it outperforms the vast majority of homes in its neighborhood and city for lot size and recent sale value.
This home would best suit buyers who prioritize outdoor space and privacy over a brand-new build. It’s ideal for someone seeking a established, quiet neighborhood character with room to breathe, and who appreciates a home with history that has seen clear market validation. It’s less suited for those seeking modern, low-maintenance architecture or the latest interior finishes without further investment.
Frequently Asked Questions
1. What does the "developed basement" include?
The listing confirms the basement is finished, but specific details on rooms, ceiling height, or finishes should be verified through a viewing or direct inquiry with the listing agent.
2. Given the age of the home, what should I investigate during an inspection?
While the recent sale suggests good condition, a thorough inspection for a home built in the 1940s should focus on the foundation, roof, plumbing, electrical systems, and insulation to understand any needed updates or maintenance.
3. How does the large lot impact costs?
The sizable yard offers great benefits but also means higher property taxes (reflected in the assessment) and potentially more time or expense for landscaping, snow clearing, and general upkeep compared to a standard lot.
4. The home sold recently in July 2024. Why is it back on the market?
This is a key question for the seller or agent. The quick turnaround could be due to a change in personal circumstances for the previous buyer, and does not inherently reflect on the property itself.
5. What is the neighborhood (Marlton) known for?
Prospective buyers should research the community's amenities, schools, and overall character. The property's high rankings within Marlton suggest it is a desirable part of the neighborhood.