Property Overview
521 Oakview Avenue presents a well-established home in Winnipeg's Rossmere-B neighborhood. Built in 1955, this property offers a classic, no-frills homeownership opportunity that is very much in line with its immediate surroundings.
Key Characteristics & Appeal
This is a home defined by its consistency within its local context. With 1,000 sqft of living space and an assessed value of $307k, it sits squarely around the average for both its street and the Rossmere-B area. Its lot size of nearly 5,000 sqft is also typical for the street, offering standard outdoor space. The home's year of construction is actually newer than many on its block, giving it a slight edge in its most immediate comparison.
The primary appeal lies in its stability and predictability. You are not overpaying for premium size or finishes, nor are you acquiring a project far below neighborhood standards. It represents a sensible, middle-of-the-road option in a mature community. This would suit a first-time buyer seeking an affordable entry into the Winnipeg market, or a practical downsizer looking for a manageable home without the fluctuations of a newer, more volatile subdivision. A thoughtful perspective is that its "average" metrics provide a buffer; it's less likely to be over-assessed or stand out negatively, which can mean steadier property taxes and resale expectations compared to homes that are outliers.
Frequently Asked Questions
How does this home’s size compare to others in Winnipeg?
While the living area is typical for Rossmere-B, it is below the Winnipeg city-wide average of 1,342 sqft. This highlights the neighborhood's character of more modest, mid-century homes compared to newer city developments.
Is the assessed value in line with recent sale prices?
The home last sold between $250k-$300k in mid-2019. The current $307k assessment is slightly above that range, but remains aligned with the averages for the street and area, suggesting the valuation is consistent with market trends.
What does the "Above Average" year built ranking mean?
Built in 1955, this home is newer than many on Oakview Avenue, where the average build year is 1950. This can imply potentially fewer age-related issues than some direct neighbors, though all homes in this group are from a similar era.
How can I find out the exact past sale price?
The public data shows a price range. For the precise sale figure, you must request a manual lookup from the site provider, as MLS sold data is not displayed due to industry regulations.
What are the nearby homes like?
Immediate neighbors on Oakview Avenue are very similar, with comparable sizes, ages, and assessed values mostly between $300k-$325k. This uniformity suggests a stable, consistent streetscape without dramatic variations in property scale or value.