Property Overview: 225 Oakdale Drive
Key Characteristics & Appeal
This is a spacious, well-established single-family home in the Marlton area of Winnipeg, built in 1992. Its primary appeal lies in its generous, half-acre lot (21,735 sqft), which places it in the top 1% of properties in Winnipeg for land size. This offers exceptional outdoor space for gardening, recreation, or future expansion. The home itself is a practical one-storey layout with 1,607 sqft of living space and a finished basement, providing comfortable single-level living or easy accessibility.
The property’s value is underscored by strong rankings across key metrics: it sits in the top quarter of its neighborhood for size, condition (being newer than 89% of area homes), and assessed value. This suggests a home that has been maintained well and is positioned favorably within its market. It would particularly suit buyers looking for a quiet, roomy setting without leaving the city—ideal for families desiring ample yard space, hobbyists, or those planning long-term with room to grow. The mature neighborhood and the home’s established nature offer a sense of permanence and settled community, appealing to those seeking a retreat-like feel within Winnipeg limits.
Frequently Asked Questions
1. What does the high land ranking actually mean for me?
It means you're acquiring a property with a lot size that is increasingly rare in the city. This provides privacy, space for outdoor activities, and potential for additions like a large shed, garden, or patio that wouldn't be possible on a standard lot.
2. The home was built in 1992. What should I be aware of?
While the home is well past its initial builder warranty, this era means major components like the roof, windows, and HVAC system may be approaching or have undergone scheduled replacements. A thorough inspection is advised to determine the current condition and any upcoming capital expenses.
3. Who would benefit most from the one-storey layout?
This layout is excellent for those planning for aging in place, families with young children where all living spaces are on one level, or anyone who prefers the convenience and accessibility of no stairs between main living areas.
4. The assessed value is high for the area. Is that good or bad?
It indicates the municipal assessment sees significant value in the property, likely due to the large lot and the home's condition. While this can be a point of pride and reflects strong resale potential, it also means property taxes will be calculated from this higher base value.
5. What’s the trade-off for having such a large lot?
The trade-off is maintenance. A half-acre property requires more time and resources for lawn care, landscaping, and snow removal compared to a typical city lot. It's a fantastic feature for those who enjoy outdoor work or can budget for professional maintenance, but it is an important ongoing consideration.