Property Overview: 183 Oxford Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home is defined by its impressive scale and generous lot in the established North River Heights neighborhood. Built in 1913, it is a classic, older property that offers significant space, with over 3,170 square feet of living area—placing it in the top 1% of homes citywide for size. The 7,206 square foot lot is also substantially larger than most in the immediate area, providing ample outdoor space.
The primary appeal lies in this rare combination of a spacious interior on a large, private lot within a mature and desirable community. It suits buyers looking for a character home with room to grow or adapt, who value established neighborhoods over new subdivisions. It’s an ideal fit for those not intimidated by the maintenance and potential updates that come with a century-old home, but who prioritize interior volume and land size over modern construction. A thoughtful perspective is that the assessed value, while above average, is notably lower relative to the home's exceptional square footage, which may present a value opportunity for the right buyer willing to invest in updates.
Frequently Asked Questions
1. What does the sold price data indicate?
The home sold in late 2023 for an estimated $600k-$650k. This placed it in the top 6% of city-wide sale prices, confirming its premium market position.
2. How does the age of the home factor in?
Built in 1913, it is significantly older than most area homes. This suggests classic construction and character, but also implies that systems, windows, and insulation may require attention or modernization.
3. Is the assessed value a reliable indicator of market price?
The assessed value is $541k, which is above average for the city. However, the recent sale price was higher, demonstrating that market value often exceeds the municipal assessment, especially for unique, larger properties.
4. What does the lot size mean for potential buyers?
At over 7,200 sq. ft., the lot is well above neighborhood averages. This allows for substantial privacy, mature gardens, and potential for outdoor living spaces or additions, subject to zoning.
5. How can I verify the exact historical sale details?
The precise sale price is not publicly displayed due to data licensing. You can request the exact figures via email from the site provider, who will manually retrieve and send the verified transaction history.