Property Overview: 348 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This 1,004 sqft bungalow, built in 1958 on a 4,024 sqft lot in Rossmere-A, presents a straightforward, mid-century home typical of its street. Its primary appeal lies in its consistency and positioning within a stable neighborhood. The home's assessed value of approximately $314k is consistently "around average" when compared to its immediate street, the wider Rossmere-A area, and Winnipeg as a whole, suggesting a property that is priced in line with market norms without significant premium or discount.
The living space is slightly below the citywide average, which may indicate a more efficient, manageable footprint—a potential advantage for those seeking lower utility costs and less upkeep. A notable characteristic is the lot size, which is below average for the street and area. This could mean a smaller yard to maintain, which some buyers may see as a benefit rather than a drawback. The home would suit first-time buyers or downsizers looking for an entry point into a well-established neighborhood without extreme outliers in price or size. It’s a property for someone seeking predictability and a blank canvas for gradual updates, rather than a standout luxury home or a fixer-upper with wildly skewed valuation.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is very much in line with the local market. It ranks near the middle of the pack on Oakland Avenue itself and within the Rossmere-A neighborhood, indicating it is not over- or under-valued compared to direct comparables.
2. Is the living space smaller than average?
Yes, the living area is below the Winnipeg city average. However, it is much closer to the average for Oakland Avenue and Rossmere-A specifically. This is a home suited for efficient living rather than spaciousness.
3. What does the below-average lot size mean for me?
The lot is smaller than most on the street and in the area. This typically translates to less outdoor maintenance, which can be a positive for those not wanting extensive yard work. It may also mean less privacy from neighbors compared to homes on larger lots.
4. Can I get the exact sale history for this property?
The public data presented does not show a detailed transaction history. You can request exact sold price information by emailing the site via the provided button; they will manually look up and provide the most accurate available data.
5. Are the figures for nearby properties similar?
The listed comparable properties show a range of sizes, ages, and values, which is normal for an older neighborhood. This home sits comfortably within that spectrum, with several very nearby homes on Oakland and McLeod Avenues sharing similar vintage and assessed values.