Property Overview: 647 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This two-storey home on Oakdale Drive in the Eric Coy neighborhood presents a compelling blend of space, modernity, and established value. Built in 2013, it is a notably newer construction compared to most homes in the area and citywide. With 2,170 sqft of living space and a renovated basement, it offers ample room for family life. A key, less obvious asset is the generous 21,802 sqft lot, which places it in the top 1% of property sizes citywide, offering exceptional outdoor potential and privacy rare for a newer build.
Its appeal lies in its strong positional value. The home ranks in the top tiers for assessed value, living area, and year built within its immediate street, neighborhood, and across Winnipeg. This suggests a property that outperforms local norms. The attached garage and the home's sale history—selling for $890k in 2021—further underscore its market desirability.
This property would ideally suit growing families or professionals seeking a modern home without sacrificing land size. It’s also a strong match for value-conscious buyers who prioritize metrics that indicate long-term stability and above-average investment in a community, as evidenced by its elite standing in Eric Coy.
Frequently Asked Questions
1. How does the property's assessed value relate to its likely market price?
While the assessed value is a municipal figure for tax purposes, its "Elite" ranking (top 3%) in the neighborhood suggests the home is considered a high-value property in its area. The 2021 sale price of $890k provides a more recent market benchmark.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the listing agent to understand the home's full functional space.
3. Is the large lot a common feature in Eric Coy?
No. While the lot is above average for the street and neighborhood, its "Elite" citywide ranking (top 1%) highlights that a lot of this size is a special feature, offering more space than the vast majority of Winnipeg properties.
4. How does the age of this home compare to others nearby?
Built in 2013, this home is significantly newer than the average home on Oakdale Drive (avg. year built ~1972) and in Eric Coy (avg. ~1971). This means likely fewer immediate major maintenance concerns compared to older stock.
5. What is the significance of the provided rankings and badges?
They offer a quick, data-driven snapshot of how this property compares to others. A "Top X%" badge shows it outperforms that percentage of comparable homes for that metric, helping to quantify its relative size, value, age, and land area against local benchmarks.