Property Overview: 413 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This home at 413 Oakview Avenue in the Rossmere-B neighborhood is a quintessential mid-century property that represents solid, established value. Built in 1955, it sits on a near-5,000 sqft lot—a size that is notably above average for its specific street. With 1,025 sqft of living space, its size is very typical for the immediate area but is more compact compared to the current Winnipeg citywide average, indicating a home focused on essentials rather than expansiveness.
Its primary appeal lies in its strong positional value within a stable community. The data shows it consistently performs well against local benchmarks: its assessed value, living area, and lot size all rank in the top 30-50% within its own street and neighborhood. This suggests a property that is well-aligned with its surroundings, offering a lower-risk entry into a mature area. The home’s recent sale history indicates steady appreciation, moving from the 25-30万 range in 2020 to the 30-35万 range in 2022.
This property would best suit pragmatic first-time buyers or downsizers seeking a manageable footprint in a no-surprises setting. It’s for someone who values a larger-than-standard lot on the street for potential gardening, patio space, or future expansion more than a large interior. It’s likely not for those seeking a modern, turn-key home or extensive square footage, but rather for a buyer comfortable with a classic Winnipeg bungalow that offers a foundation of community equity.
Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
At 1,025 sqft, the living area is below the current citywide average of approximately 1,342 sqft. However, it is perfectly in line with the average for both its street and the Rossmere-B neighborhood, indicating it is typical and competitive for this specific area.
2. What does the assessed value tell me about the property?
The tax assessment of $315,000 is close to the neighborhood average and slightly above the average for Oakview Avenue itself. This generally reflects the city’s valuation of the property relative to others, but it is not a direct indicator of market selling price, which can be higher or lower.
3. The home was built in 1955. What should I consider?
A home of this age will likely have had major systems updated over time. A key focus for a buyer should be the condition of the roof, wiring, plumbing, and foundation. Its build year is actually newer than the average on its street, which can be a slight positive.
4. How stable is the value in this area?
The property’s value metrics consistently rank in the top half of its immediate vicinity, which suggests stability. The sale history shows incremental growth over recent years, pointing to a market that appreciates steadily rather than volatilely.
5. Where can I get precise historical sale prices for this home?
The public data provided shows estimated sale price ranges. According to the source, obtaining exact sale figures requires a manual process due to industry restrictions. You would need to contact the site directly via email to request that specific, verified transaction history.