Property Overview: 612 Oakland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 612 Oakland Avenue in Rossmere-A presents a solid, well-positioned property for buyers seeking value and stability. Built in 1959, it is slightly newer than many on its street, offering a modest advantage in the age of its core structure. With 1,079 sqft of living space and a 5,281 sqft lot, its size is consistently average to above-average for its immediate area, meaning it fits comfortably within the established neighborhood character without feeling cramped or oversized.
The primary appeal lies in its strong positioning within a desirable local context. Its assessed value and living area rank notably higher than many direct neighbors on Oakland Avenue, suggesting it is a comparatively premium offering on its specific block. This creates an opportunity to own one of the better-maintained or more valuable homes on the street. The recent sale price range indicates it transacted within the top tier for the neighborhood, reinforcing its perceived value.
This property would suit practical buyers who prioritize neighborhood cohesion over standout luxury. It’s ideal for someone who appreciates a home that holds its own and offers a sense of relative superiority on its block, without the premium associated with newer subdivisions or fully renovated properties. It represents a sensible, grounded choice in a mature community.
Section 2: Frequently Asked Questions
Q: How does this home truly compare to others nearby?
A: The data shows it stands out most on its own street. It ranks in the top 24% for value and top 19% for living area among its Oakland Avenue peers, meaning it’s a stronger-than-average property in its most immediate comparison group.
Q: Is the assessed value a reliable indicator of the sale price?
A: The assessed value ($334k) is a municipal figure for tax purposes. Notably, the home sold for an estimated $350k–$400k, which placed it in the top 10% of sale prices on its street. This suggests the market valued it significantly above both its assessed value and the street's average.
Q: What does the year built (1959) imply for maintenance?
A: Being built in 1959 places it in the common era for Winnipeg’s housing stock. While newer than the immediate street average, a buyer should still anticipate potential updates to major aging components like roofing, windows, or plumbing, which are typical for homes of this vintage.
Q: How does the lot size impact potential?
A: At just over 5,000 sqft, the lot is very typical for the area. It provides standard backyard space for family use or gardening but is not unusually large for subdividing or major expansions, which aligns with the neighborhood's established feel.
Q: Where can I get verified sale price history?
A: The provided sale data is compiled from public records. For the exact, verified sale price and full transaction history, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry regulations.