Property Overview: 765 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This home at 765 Oakland Avenue in Rossmere-A is a well-situated, average-sized property that represents a solid entry point into a mature Winnipeg neighborhood. Built in 1963, its construction date is notably newer than most on its street, suggesting potentially fewer age-related concerns than some immediate neighbors. With just over 1,000 square feet of living space and an assessed value of $312k, it sits comfortably in the middle range for both its street and wider neighborhood, indicating a property that is neither over-improved nor under-improved for the area.
The appeal here is one of stability and practicality. The lot, while smaller than the street average, offers manageable outdoor space. Its value and size metrics consistently place it in the 65th-75th percentile locally, painting a picture of a home that aligns with community norms. This property would suit first-time buyers or downsizers seeking a straightforward, no-surprises home in an established area. It’s for those who prioritize a sensible investment in a quiet neighborhood over standout luxury or expansive square footage. A thoughtful perspective is that its "average" metrics can be a strength, offering insulation from being the most expensive house on the block while still providing a comfortable living standard.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the home sold in the $250k-$300k range in 2019 and the $200k-$250k range in 2018. Its current assessed value of $312k is around the average for Oakland Avenue, suggesting its official valuation is in line with the market.
2. Is the lot size a disadvantage?
At 4,743 sqft, the lot is below the average for both the street and neighborhood. This means less yard to maintain, which could be a positive for some, but may limit expansion or extensive landscaping plans.
3. The home was built in 1963. What does that imply?
While 1963 is a common build year city-wide, it is actually newer than most homes on Oakland Avenue (ranking in the top 5% on the street). This could indicate updated infrastructure like wiring or plumbing compared to older neighbors, but a thorough inspection is still essential.
4. How can I verify the exact past sale prices?
The site provides sold price ranges. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
5. What is the neighborhood context for this property?
The home’s living area and assessed value are consistently "around average" for the Rossmere-A neighborhood. This suggests it fits seamlessly into the area’s character and price point, which can be reassuring for long-term value retention.