629 Oakland Avenue

Property Overview: 629 Oakland Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 629 Oakland Avenue in the Rossmere-A neighborhood presents a classic Winnipeg post-war bungalow profile, built in 1959. Its key appeal lies in its balance of a modest, manageable footprint with a generous lot size. The 996 sqft living area is compact and efficient, falling below area averages, which suggests a home suited for simpler living with lower utility costs. However, the nearly 5,860 sqft lot is notably larger than most on its street and in the community, offering valuable outdoor space for gardening, play, or future expansion.

The property’s municipal assessed value of $323,000 aligns very closely with neighborhood averages, indicating it is priced squarely within its market context without significant premium or discount. Its 2019 sale in the $250,000-$300,000 range provides a historical benchmark. The home would suit first-time buyers or downsizers looking for an entry point into a stable neighborhood without a massive maintenance burden. The larger-than-standard lot is a standout feature for buyers who prioritize outdoor space over interior square footage, offering potential that the house itself may not. It’s a property that represents the fundamentals: a solid lot, a standard assessment, and a home that serves as a practical canvas.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 996 sqft, the living area is smaller than the average home on Oakland Avenue (1,044 sqft) and in the broader Rossmere-A area (1,116 sqft). This indicates a more compact, efficient layout.

2. Is the property assessed above or below market value for tax purposes?
The municipal assessed value of $323,000 is almost identical to the street average and very close to the community average, suggesting the tax assessment is in line with similar local properties.

3. What is the significance of the lot size?
The lot of 5,857 sqft is a key advantage. It is larger than approximately 80% of lots on Oakland Avenue and offers more outdoor space than the typical property in the area, which can be a major draw for privacy or future projects.

4. What can past sale data tell us?
The home sold in late 2019 for between $250,000 and $300,000. This provides a historical price point, but market conditions have likely shifted since then. Precise sale data requires a direct request to the site administrator.

5. How does the age of the home compare?
Built in 1959, it is slightly newer than the average home on its street, placing it in the top 10% by build year on Oakland Avenue. This suggests it may be among the more recently built homes in that immediate section of the neighborhood.