Property Overview: 706 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This home at 706 Oakland Avenue in Rossmere-A is a quintessential Winnipeg property that represents solid, middle-of-the-road value. Built in 1958, it features 1,042 sqft of living space on a 5,185 sqft lot, with an assessed value of $318,000. The data reveals a home that is consistently "around average" in nearly every metric—size, value, and age—when compared to its street, neighborhood, and the wider city. Its appeal lies in this very predictability and stability. It’s not an outlier in terms of size or price, which suggests it’s a straightforward, manageable property in an established area. The lot size is slightly below average for the street but offers ample outdoor space typical of the era.
This property would suit first-time buyers or practical downsizers looking for an honest, no-surprises home in a mature neighborhood. It’s for someone who prioritizes neighborhood character and long-term stability over standout features or modern square footage. A thoughtful perspective is that its consistent "average" rankings might indicate lower volatility in value, offering a safer, if unspectacular, investment. Its last known sale was between $250k-$300k in mid-2016, suggesting steady appreciation in line with market trends.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The assessed value of $318k is very close to the street average of $322.1k. The property last sold for between $250,000 and $300,000 in June 2016. For verified, exact sale prices of this and comparable nearby homes, you can request a manual lookup via email.
2. Is the living space smaller than most homes in Winnipeg?
At 1,042 sqft, it is smaller than the Winnipeg average of 1,342 sqft for comparable homes. However, it is very much in line with the Rossmere-A neighborhood (avg. 1,116 sqft) and Oakland Avenue street (avg. 1,044 sqft) averages, making it typical for its specific area.
3. What does the "around average" ranking mean for future resale?
Homes that consistently perform near the median for their area often appeal to the broadest segment of buyers. This can mean stable demand, though it may not experience the dramatic value spikes sometimes seen with more unique or recently renovated properties.
4. Is the 1958 build date a concern?
The year built is typical for the street, which averages 1958. While the home may require updates common to its era, its systems and structure are comparable to most houses in the immediate vicinity. A pre-purchase inspection is always recommended.
5. How can I get precise sold price data for this property?
The publicly available data shows sold price ranges. Due to industry rules, exact MLS sale figures are not displayed on this site. You can email a request to receive the full, verified transaction history and exact sold prices manually.