Property Overview: 803 Oakdale Drive
This well-established two-storey home in Winnipeg’s Eric Coy neighborhood presents a solid opportunity for a range of buyers. Built in 1972, it sits on a generous 6,875 sqft lot and offers 1,488 sqft of living space, including a finished basement. The home features a split garage and no pool. Its key appeal lies in its above-average lot size and living area compared to most Winnipeg homes, offering room to grow or enjoy outdoor space. The finished basement adds immediate functional living area. This property would suit first-time buyers looking for a move-in-ready home with space, or practical-minded families seeking value and established community roots over brand-new construction. Its rankings suggest it’s a competitively sized home in a mature setting, ideal for those who prioritize space and land over a newer build.
Frequently Asked Questions
1. What is the true sense of the property's value and condition?
The assessed value is $390,000, ranking it in the top 37% city-wide, suggesting official recognition of its above-average worth. However, being 54 years old, prospective buyers should budget for updates to older mechanical systems or aesthetics to align with modern expectations.
2. How does the lot size compare, and what does it offer?
At nearly 7,000 sqft, the lot is a significant asset, ranking in the top 18% in Winnipeg. This allows for ample private outdoor space, gardening, play areas, or future expansion like a shed or deck, which is increasingly rare in newer subdivisions.
3. What do the community rankings indicate about the location?
While the home itself ranks well for size, its rankings within the immediate Eric Coy community for value and building age are more moderate. This suggests the area is a mix of varied, mature properties, offering a stable, unpretentious neighborhood rather than a uniformly upscale one.
4. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. Buyers interested in rental income should investigate the current layout, necessary permits, and compliance with local zoning regulations.
5. What is the likely buyer competition for this home?
Given its combination of size, price point, and finished basement, it will likely attract strong interest from first-time buyers and young families. Its appeal is practical and space-oriented, so offers may be competitive with buyers seeking a functional home in a mature area.