Property Overview: 169 Oakview Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Oakview Avenue in the Kildonan Drive area presents a practical and value-oriented opportunity. Its key characteristic is a recently renovated basement, adding modern, functional living space to the 1,071 sqft footprint. Built in 1957, the home is notably newer than many on its street, suggesting potentially fewer concerns with aging core systems compared to immediate neighbors. The detached garage offers flexible storage or workshop space.
The primary appeal lies in its strong value proposition within a specific locale. The home's assessed value ranks significantly above average for Oakview Avenue itself, indicating it is viewed favorably relative to its direct peers. This creates an interesting dynamic: while the lot size is more modest compared to the broader Kildonan Drive area, the property holds its value well on its own street. It would suit first-time buyers or downsizers seeking a manageable, single-level layout with updated amenities, or an investor looking for a solid, rentable property in a stable neighborhood. A thoughtful perspective is that this home may offer a "best-in-class" feel on its block due to its newer build year and renovation, appealing to those who prioritize condition and efficiency over sheer lot size.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
At 4,699 sqft, the lot is below average for the wider Kildonan Drive area but typical for Oakview Avenue. This means smaller yard maintenance but also less private outdoor space than some nearby homes.
2. What does the "above average" assessed value on the street indicate?
It suggests the municipal assessment—often based on recent sales, improvements, and property characteristics—values this home higher than most on its block. This can be a sign of good upkeep or desirable features but is not a direct market price.
3. Is the renovated basement a full suite?
The listing confirms a renovated basement but does not specify if it is a legal secondary suite. Buyers should verify the renovation permits and layout to understand its legal and functional use.
4. How stable have property values been here?
Public sale data shows the home sold in 2017 and again in 2021. The price increase between those sales suggests value appreciation in that period, but for exact sold prices, you must request the data directly from the source.
5. What are the trade-offs of a home newer than its neighbors?
While a 1957 build is older than the city average, it's newer than most on Oakview Avenue. This could mean more modern construction materials or wiring, but a thorough inspection remains essential to understand its actual condition relative to any older or newer homes.