Property Overview: 177 Oxford Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 177 Oxford Street is defined by its generous scale and prime lot within the desirable North River Heights neighborhood. Its most standout feature is the nearly 3,000 sq ft of living area, which places it in the top 2% of homes in the area and the top 1% city-wide, offering substantial space for a growing family, home offices, or entertaining. The property sits on a large 7,206 sq ft lot, providing ample outdoor space that is well above the neighborhood average.
The appeal lies in this combination of a spacious interior on a sizable, established lot in a sought-after community. While the home was built in 1930, its assessed value of $579k ranks consistently above average across all comparison levels, indicating a perception of solid value for its location and attributes. It last sold in early 2023 for an estimated $600k-$650k.
This property would best suit buyers who prioritize interior space and a larger yard over a newer build. It’s ideal for those seeking a character home in a mature neighborhood with room to grow, and who may be prepared for the maintenance or updates that can come with an older, well-sized property.
Frequently Asked Questions
1. How does the home’s age affect its value and appeal?
Built in 1930, the home is older than the city-wide average. This typically means it offers classic character and a prime, established location, but buyers should factor in potential maintenance or modernization needs, which are often reflected in the above-average but not top-tier assessed value ranking.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $579k is a municipal figure for tax purposes. The home’s last known sale price range ($600k-$650k in early 2023) was significantly higher, ranking in the top 7% city-wide. This suggests market demand for this type of property in this location can outpace the assessed value.
3. What does the lot size mean for potential future plans?
At over 7,200 sq ft, the lot is notably larger than most in North River Heights (top 7% in the area). This not only provides generous garden space but could also offer future potential for additions or landscaping projects, subject to local zoning regulations.
4. How does this property compare to its immediate neighbors?
The data shows it ranks highly for living area and lot size even on its own street, meaning it is a larger-than-average property in an already above-average neighborhood. This can offer a sense of privacy and space relative to nearby homes.
5. How can I get the exact historical sale prices?
The provided sale price is an estimated range from public records. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as they do not display proprietary MLS sold data.