Property Summary: 132 Oakdean Boulevard, Winnipeg
Key Characteristics & Buyer Profile
This is a 1953 home with 1,154 square feet of living space on a notably large 8,993-square-foot lot. The living area is slightly smaller than average for its street (1,379 sqft) and neighbourhood (1,505 sqft), but the land is a standout feature: it ranks in the top 8% citywide for lot size, which is unusually generous for a property of this era in Winnipeg. The assessed value of $360,000 is close to the street average ($376,100) and below the neighbourhood average ($422,000), suggesting the home itself hasn’t been significantly upgraded, while the land holds relative value.
The appeal here isn’t about move-in perfection or square footage bragging rights—it’s about space and potential. The large lot offers room for additions, a garden, a shop, or simply privacy that smaller city lots can’t match. The home’s age (1953) puts it among older stock citywide, but it’s typical for the Woodhaven area, so neighbors will be in a similar vintage.
This property suits buyers who prioritize outdoor space and lot value over a large, finished interior. It’s a good fit for someone who sees potential in updating or expanding a modest post-war home, or who simply wants more land than most city properties offer without moving to a suburb. It may also appeal to buyers who are priced out of the neighbourhood average but still want to get into Woodhaven, accepting a smaller floor plan as a trade-off.
Five Possible FAQs
1. Is the living area small for this neighbourhood?
Yes, it’s below the Woodhaven neighbourhood average of 1,505 sqft, ranking in the bottom quarter locally. But it’s close to the citywide average for comparable homes (1,342 sqft). The home is modest by modern standards—this isn’t unusual for a 1953 property, but buyers expecting open-concept, larger rooms will want to verify layout in person.
2. How does the assessed value compare to similar homes on the street?
It’s slightly below the street average of $376,100, ranking in the top 49% (so about average for Oakdean Boulevard). Compared to the wider Woodhaven neighbourhood, it’s well below the $422,000 average. The lower assessment likely reflects the smaller living area and age, but the lot size isn’t fully captured in the value—something to consider if you’re looking at long-term land appreciation.
3. What’s the condition of a 1953 home in this area?
The data doesn’t include condition details, but the assessed value relative to neighbours suggests no major recent renovations have been factored in. Buyers should budget for typical mid-century home updates: electrical, plumbing, insulation, windows, and possibly foundation work. A home inspection is strongly recommended, especially given the age.
4. Why is the lot considered a major asset?
At 8,993 sqft, it’s significantly larger than both the street average (7,804 sqft) and the citywide average (6,570 sqft). It ranks in the top 8% citywide for land area. This means more outdoor space than most Winnipeg homes, with potential for additions, a garage, a garden suite, or simply a deep backyard. Zoning and permit feasibility should be checked with the city.
5. How does this property compare to newer homes in the city?
It’s older than 69% of homes citywide (the city average year built is 1966). While that sounds dated, homes from the 1950s in established neighbourhoods like Woodhaven often have solid construction, mature trees, and larger lots than newer subdivisions offer. The trade-off is smaller rooms, less insulation, and likely higher ongoing maintenance. For buyers who value character and land over modern finishes, this can be a worthwhile compromise.