Property Summary: 251 Oakdale Drive, Winnipeg
Section 1: Overview & Appeal
This property is a spacious, well-established home on an exceptionally large lot in the Marlton area. Its key characteristics include a substantial 1,820 sqft of living space, a finished basement, and an attached garage, all built in 1988. The standout feature is the land itself—at over 18,000 sqft, the lot size is a rarity, placing it in the top 2% of all properties in Winnipeg for sheer space.
The appeal lies in a compelling combination of space, established value, and relative modernity. It offers more room both inside and out than most comparable homes, providing a blank canvas for gardening, recreation, or future expansion. The home’s rankings indicate it consistently outperforms the majority of its local and city-wide peers in terms of lot size, living area, and assessed value, suggesting a solid and desirable asset. It suits buyers looking for a "move-in ready" base with abundant outdoor potential, whether that's for a growing family, someone with hobbies requiring space, or a long-term investor who values land as a primary asset. It’s a property for those who prioritize private outdoor space over a brand-new build.
Section 2: Frequently Asked Questions
Q: What does the "Two/One Storey" building type mean?
A: This typically describes a split-level or bi-level home, where the main living areas are partially above ground, with a short flight of stairs leading to bedrooms and another leading down to a lower-level family room or basement. It offers a practical separation of living spaces.
Q: The house is 38 years old. What should I consider?
A: While major systems may have been updated, a home of this age would benefit from a thorough inspection focusing on the roof, windows, and original mechanical systems (furnace, water heater) to plan for any future updates or maintenance.
Q: How significant is the lot size, really?
A: Extremely. A lot of this scale (over 1/3 of an acre) in the city is uncommon. It offers unparalleled privacy, space for additions like a shed or deck, and room for activities that wouldn't be possible on a standard lot. It's a long-term value driver.
Q: The assessed value is $592,000. Is that the sale price?
A: No. The assessed value is for municipal tax purposes. The sale price is set by the market and the seller, and can be higher or lower than the assessment based on condition, updates, and current buyer demand.
Q: The home ranks highly for value and size, but lower for age in Winnipeg. What's the trade-off?
A: This highlights the property's profile: you are trading the absolute newest construction for significantly more land and living space for the price. It represents better value in terms of square footage and land ownership rather than being a recently built home.