Property Overview & Key Characteristics
This 1968 bi-level home at 680 Oakdale Drive offers a unique blend of space, location, and value. Its primary appeal lies in its exceptionally large, nearly 12,000 sqft lot, which places it in the top 4% of all properties in Winnipeg for land size. This presents a rare opportunity for gardening, expansion, or simply enjoying generous private outdoor space in the city. The home itself features a finished basement and a split garage, providing practical living and storage solutions.
The property’s competitive value is underscored by its assessment, ranking higher than 74% of Winnipeg homes. It suits buyers looking for a solid, no-frills family home where the land itself is a major asset. It’s ideal for those with a vision for outdoor living or future upgrades, who may prioritize lot size and long-term potential over a brand-new build. A thoughtful perspective is that while the home is from the 1960s, its above-average rankings for both living area and lot size in its community suggest it’s a standout property on its street, offering more substance than many neighbouring homes.
Frequently Asked Questions
1. What does the ranking system mean?
The rankings compare this property against others on its street, in its community (Eric Coy), and across all of Winnipeg. For example, being in the "top 4%" for lot size in Winnipeg means 96% of city properties have a smaller lot area.
2. Is the basement included in the 1,344 sqft living area?
Typically, the listed living area for a bi-level refers to the above-grade square footage. The finished basement provides additional living space that is not included in that 1,344 sqft figure.
3. What are the implications of a 1968 build year?
While the home is well-established, its systems and components are likely original or have been updated over time. Prospective buyers should prioritize a thorough inspection to understand the condition of the roof, wiring, plumbing, and windows.
4. How does the large lot affect maintenance?
The nearly 0.27-acre lot offers fantastic space but requires more upkeep for lawn care, gardening, and landscaping compared to a standard city lot. This is a consideration for both time and potential costs.
5. Why is the assessment value a key point here?
The assessment ranks higher than both the lot and building size rankings, suggesting the city assessor recognizes a strong overall property value here relative to the market, which can be a positive indicator for equity and resale.