Property Overview: 379 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This 1,144 sqft home on Oakview Avenue in Rossmere-B presents a solid, no-surprises offering in the Winnipeg market. Built in 1951, its primary appeal lies in its efficient use of space and established neighborhood setting. The living area is notably above average for both its street and immediate area, suggesting a well-proportioned home compared to many nearby properties. With an assessed value of $306k, it sits comfortably around the local average, indicating a fair market positioning without premium pricing.
The appeal here is one of practicality and value retention rather than standout luxury. It suits first-time buyers or downsizers looking for a manageable, move-in-ready home in a stable community. A thoughtful perspective is the lot size, which at 4,000 sqft is below the area average. This translates to less yard maintenance—a potential plus for those seeking a simpler outdoor space—but offers less room for expansion or extensive gardening. The home’s recent sale in late 2024 within the $350k-$400k range, placing it in the top tiers for its street and neighborhood, confirms strong local demand and suggests it’s perceived as a desirable asset in its immediate context.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,144 sqft, the living area is above average for both Oakview Avenue and the wider Rossmere-B neighborhood, ranking in the top 25% and 22% respectively. This means it offers more interior space than most comparable homes close by.
2. Is the assessed value a good indicator of the likely sale price?
The assessed value is $306k, which is around the local average. However, the home sold for between $350k and $400k in late 2024, which was significantly higher. This indicates market conditions and property appeal can drive the sale price well above the assessed value.
3. What should I know about the lot size?
The lot is 4,000 sqft, which is below the average for the street and area. This means a smaller yard, which requires less maintenance but also offers less private outdoor space and potential for future additions.
4. How old is this home, and what might that mean?
Built in 1951, it is slightly older than the average home in both the neighborhood and city. Buyers should factor in the potential for age-related updates, such as roofing, windows, or plumbing, while also appreciating the character and established landscaping of an older property.
5. Where can I get the exact historical sale price?
The site provides sold price ranges for non-members. To obtain the exact sale figures and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.