Property Overview: 375 Oxford Street, Winnipeg
Key Characteristics & Appeal
This home at 375 Oxford Street in North River Heights presents a solid, established property with clear value. Built in 1939, it is a character home typical of its sought-after neighbourhood, offering 1,536 sqft of living space on a 4,808 sqft lot. The data reveals its core strength: a strong assessed value of $511k, which sits consistently above average for its street, neighbourhood, and the entire city. This suggests a well-regarded property in a stable area.
Its appeal lies in its positional value. While the home itself is not the largest or newest on the block, it offers a comfortable footprint that is above the city-wide average. Buyers gain entry into a desirable community with a home that has a proven, above-average valuation. The lot size provides decent outdoor space without the burden of excessive maintenance.
This property would suit a buyer looking for a character home in a prime neighbourhood without requiring a top-tier budget. It’s ideal for someone who values location and stability over brand-new condition, and who is prepared for the upkeep that comes with an older home. A thoughtful perspective is that this home represents a "middle ground" on its street—it’s not the most expensive, but it holds its value well, offering a prudent balance of investment and livability.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $511k is above the average for Oxford Street, North River Heights, and Winnipeg as a whole. This indicates it is a higher-valued property within its comparative groups.
2. Is the living space considered large for the area?
At 1,536 sqft, the living area is slightly below the average for Oxford Street but is very close to the average for North River Heights. City-wide, however, it is notably above average, offering more space than most Winnipeg homes.
3. What should I know about the age of the home?
Built in 1939, the home is older than the average Winnipeg house. While this is typical for North River Heights, it does mean prospective buyers should budget for potential updates and be diligent with inspection items common to houses of this era.
4. How reliable is the sold price data shown?
The listed sold price from 2017 is based on publicly available data, not the MLS. The site notes that for fully verified figures and exact transaction history, you must request a manual lookup via email.
5. What does the land area mean for me?
The lot is just under 5,000 sqft. This is around the average for the area, providing a standard-sized urban yard. It’s sufficient for gardening and recreation without being overly demanding to maintain.