Property Overview
This home at 742 Oakland Avenue in Winnipeg's Rossmere-A neighborhood presents a solid, mid-century property with strong local fundamentals. Built in 1959, its key metrics consistently show it is a well-established and competitive offering within its immediate area, rather than standing out across the wider city.
Key Characteristics, Appeal & Ideal Buyer
The property’s primary appeal lies in its above-average positioning on its own street. With an assessed value ranking in the top 17% of Oakland Avenue and a living area just under the street average, it represents a home that has kept pace with or exceeded its closest neighbors. The year built is also notably older than most on the street, suggesting it is among the original builds in that section, which can sometimes correlate with more established lots and mature landscaping.
Its 1,040 sqft living area and 5,185 sqft lot are functionally average for the Rossmere-A area, indicating it fits the neighborhood norm without extremes. The sold price history shows significant appreciation between 2017 and 2023, outperforming many area peers at the time of the last sale. This points to a property that has been a good investment within its micro-market.
This home would suit a practical buyer looking for a stable, no-surprises entry into a mature neighborhood. It’s ideal for someone who values being on a street with homes of similar vintage and scale, and who appreciates a property that tracks closely with—or slightly leads—its immediate peers in value. It may also attract buyers interested in the potential of a late-1950s build, possibly with original character, on a decent-sized lot.
Frequently Asked Questions
1. How does this home truly compare to others on the street?
It holds its own very well. Its assessed value is above the street average, and it’s older than most homes on Oakland Avenue, placing it in the top 9% by year built there. The living area is just slightly below the street average, making it a very typical home for the location.
2. What does the sold price history indicate?
The home sold in 2023 in a price range that placed it in the top 6% of sales on Oakland Avenue and the top 10% in Rossmere-A at that time. This strong performance suggests it was a desirable property relative to its local market when it last changed hands.
3. Is the lot size a disadvantage?
The lot is slightly below average for Oakland Avenue but is generally in line with the neighborhood average. It is not unusually small for the area and provides a typical urban yard space for this community.
4. How can I get the exact sold prices?
The site provides sold price ranges publicly. Due to industry rules, exact MLS sold figures are not displayed online here. You can request the exact historical sold prices by email through the site’s provided form, and they will be sent to you manually.
5. Are the comparison metrics reliable?
The data is sourced from public records and is presented as reasonably reliable for comparison purposes. The "average" benchmarks are rough medians for similar homes in each scope (street, area, city), providing a useful contextual snapshot rather than an official appraisal.