Property Summary: 277 Oakdale Drive
Key Characteristics & Appeal
This is a classic, well-maintained bungalow on an exceptionally large, mature lot in the Marlton area. Its primary appeal lies in its generous 26,911 sqft property—a rare find that places it in the top 1% of Winnipeg for lot size. The home itself offers 1,542 sqft of living space with a finished basement and an attached garage, presenting a solid, functional layout typical of its 1964 construction era.
The property’s standout feature is its immense outdoor potential. The lot provides unparalleled privacy and space for extensive gardens, recreation, or future expansion, offering a semi-rural feel within the city. Its high assessment value ranking suggests it is a substantial asset within its market. This home would best suit a buyer who values space and privacy over a modern, turn-key interior. It’s ideal for someone with a vision for landscaping, outdoor living, or who simply desires a large, quiet yard. It also represents a strong value proposition for a buyer looking for a home with significant underlying land value in a well-established neighborhood.
Frequently Asked Questions
1. What does the lot size ranking actually mean?
The ranking indicates that this property’s lot is larger than 99% of all residential properties in Winnipeg, making it an exceptionally rare and spacious parcel.
2. Is the home outdated due to its age?
Built in 1964, the home is older and its interior likely reflects its era. It presents a solid foundation and significant square footage, but buyers should be prepared for potential updates. Its age ranking shows it is newer than 42% of Winnipeg homes, placing it in the middle of the spectrum.
3. How does the finished basement add value?
The finished basement increases the usable living area, providing flexibility for additional bedrooms, a family room, or hobby space, which is a significant advantage for the overall living space of a bungalow.
4. The build year ranking seems low. Is that a concern?
While the home is not new, its value is heavily weighted toward its land. The lower "newness" ranking is typical for established neighborhoods and is offset by the property's top-tier rankings for lot size and assessed value, highlighting its strength as a land investment.
5. What type of maintenance should be anticipated?
Given the home's age and the scale of the property, prospective buyers should budget for ongoing maintenance typical of a 60-year-old house, as well as the upkeep of a very large yard, including trees, landscaping, and exterior structures.