Property Overview: 416 Oakview Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 970 sqft bungalow on a 4,779 sqft lot in Rossmere-B is a quintessential, well-maintained Winnipeg home from 1955. Its primary appeal lies in its solid positioning within a stable, established neighborhood. The data shows the home is consistently "around average" for its immediate street and Rossmere-B area in terms of living space, assessed value (~$307k), and lot size, meaning it offers a standard, no-surprises package for the locale. It recently sold within the $300k-$350k range, aligning with area norms.
The home suits practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize neighborhood consistency over size. It’s a property that doesn’t stand out statistically, which can be an advantage for those seeking an affordable entry into a mature community without the premium or the risk of an over-improved house. A thoughtful perspective is that its slightly newer build year compared to others on its street (ranking in the top 29%) may suggest somewhat updated infrastructure. While its citywide living area is below average, this reflects its neighborhood character and can mean lower utility and maintenance costs.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The assessed value of approximately $307,000 is very typical, ranking near the middle for both Oakview Avenue and the wider Rossmere-B neighborhood. Recent sale prices for comparable homes nearby have ranged from the high $200,000s to mid $300,000s.
2. Is the living space smaller than most Winnipeg homes?
Yes. At 970 sqft, it is below the Winnipeg citywide average. However, it is very much in line with the typical size of homes built in this era and area, ranking around average for Rossmere-B and its own street.
3. What does the "above average" year built ranking mean?
On Oakview Avenue, the average build year is 1950. This home was built in 1955, making it slightly newer than many of its direct neighbors. This could indicate potentially newer components like plumbing or electrical, though a specific inspection is needed.
4. How reliable is the sold price data shown?
The listed sold price range is based on publicly available data, not the MLS. For fully verified and exact sale figures, you must request a manual lookup from the site via email.
5. What are the nearby properties like?
The immediate neighbors on Oakview Avenue are very similar in era, size, and value, indicating a uniform, established streetscape. The provided comparisons show a consistent pattern of 1950s bungalows with assessed values generally between $300k and $350k.