Property Overview: 859 Oakdale Drive, Winnipeg
Key Characteristics & Appeal
This is a well-established, single-storey home on a generous 6,297 sqft lot in the Eric Coy neighbourhood. Built in 1971, its primary appeal lies in its spacious, private yard—a significant asset for families, pet owners, or gardening enthusiasts. The home offers 1,040 sqft of living space with a finished basement, providing practical room for a growing household or flexible living arrangements. A split garage adds convenient storage.
Its value proposition is grounded in space and location rather than modern finishes. The property ranks notably well for its lot size within Winnipeg, suggesting a premium outdoor space relative to many city properties. It would suit first-time buyers seeking a manageable single-level layout, downsizers looking for a low-maintenance yard to enjoy, or value-focused investors attracted by the neighbourhood's established nature and the utility of a finished basement. A thoughtful perspective is that this home represents a classic Winnipeg trade-off: it offers land and functional space from an older building era, appealing to those who prioritize room to breathe and personalize over contemporary open-concept design.
Frequently Asked Questions
1. What does the ranking data actually mean?
The rankings compare this property to others on its street, in Eric Coy, and across all Winnipeg. For example, being in the "top 25%" for lot size in Winnipeg means 75% of city properties have smaller lots, highlighting one of this home's key strengths.
2. Is the finished basement a legal suite?
The listing states the basement is finished but does not specify it as a legal secondary suite. A buyer should verify its current permitted use with the city if considering rental income.
3. What are the typical maintenance considerations for a home of this age?
Built in 1971, major systems like the roof, windows, plumbing, and electrical may be at or beyond their typical service life. A thorough inspection is essential to understand the condition and plan for potential updates.
4. How does the "split garage" configuration work?
A split garage typically refers to a double garage separated by a wall into two single bays, often with separate doors. This can be useful for separating workshop space from vehicle storage or for households with multiple vehicles.
5. Why is the assessed value a useful metric here?
The city's assessed value of $353,000 provides a benchmark against the asking price, indicating how municipal valuation compares to the market price. It's a starting point for understanding the property's tax base and perceived official value.