Property Overview: 841 Oakdale Drive
Key Characteristics & Appeal
This is a well-established, single-storey home in Winnipeg's Eric Coy neighborhood, built in 1969 on a generous 7,493 sqft lot. With 1,096 sqft of living space and a finished basement, it offers practical, single-level living. The home's standout feature is its strong market position: it ranks in the top 14% of all Winnipeg properties for lot size and the top 27% for assessed value ($443,000), indicating a property that is perceived as more substantial and valuable than many others in the broader market. Its appeal lies in this combination of a large, private yard and a home that has been maintained and updated over time, as evidenced by the finished basement. It would particularly suit first-time buyers or downsizers looking for a manageable, single-level layout without sacrificing outdoor space, or an investor attracted by its above-average assessed value and land size relative to its community.
Frequently Asked Questions
1. How does the home's age affect its condition and potential costs?
Built in 1969, major systems like the roof, plumbing, or electrical may be original or have been updated at various times. A thorough inspection is crucial to understand the home's current state and to budget for any necessary modernizations or preventative maintenance.
2. What does the "finished basement" include?
The listing confirms the basement is finished but does not specify the details. It's important to clarify the quality of the finish, ceiling height, legal egress, and whether it includes a bathroom or separate entrance, as this significantly impacts the usable living space.
3. The lot is large, but how is it oriented and shaped?
A 7,493 sqft lot is a major asset. Understanding its orientation (for sun exposure), topography, and exact boundaries is key to gauging privacy, gardening potential, and how you might use the outdoor space.
4. The value rankings seem strong. What do they actually mean?
The rankings show this property compares favorably to others, especially for lot size and assessed value. This can be a positive signal for long-term value retention. However, it's also important to compare its asking price directly to recent sales of similar homes in Eric Coy to ensure it aligns with the current market.
5. What is the typical feel of the Eric Coy neighborhood?
As a mature community with homes largely from the 1960s and 70s, Eric Coy often offers a settled, family-friendly atmosphere with established trees and parks. Prospective buyers should visit at different times of day to get a sense of traffic, noise levels, and overall neighborhood character.