341 Oakwood Avenue

Property Overview: 341 Oakwood Avenue, Riverview, Winnipeg

Key Characteristics & Appeal

This 1,442 sqft home, built in 1928, presents a solid, middle-of-the-road offering in the established Riverview neighborhood. Its primary strength is the generous 6,397 sqft lot, which ranks in the top 20-25% for size both on its street and in the wider neighborhood. This offers valuable outdoor space and potential not found in many comparable properties. The living area is comfortably above the Riverview average, providing good interior space.

The home’s appeal lies in its balance and stability. With assessed and recent sold values consistently hovering around local and city averages, it represents a typical market entry for the area without premium or discount extremes. It suits practical buyers looking for a character home in a mature neighborhood who prioritize a larger yard over a newer build or top-tier finishes. It’s a property for those comfortable with the maintenance considerations of a near-century-old home but who appreciate the established streetscape and space that era often provides.

Frequently Asked Questions

1. How does this home’s value compare to recent sales on the street?
Based on available data, the home last sold in 2020 for a price that ranked in the top 43% on Oakwood Avenue. Its current assessed value of $371k is slightly below the street’s average, suggesting it may be positioned competitively within the local market context.

2. Is the lot size a significant advantage?
Yes. The lot is a standout feature, significantly larger than the Riverview neighborhood average. This means more private outdoor space, room for gardening, play, or expansion, and a less crowded feel compared to many neighboring properties.

3. What should I consider given the 1928 build date?
While typical for the street and area, the age places it well below Winnipeg’s citywide average. Buyers should budget for and investigate updates to major systems like plumbing, electrical, and insulation, and be prepared for the character-appropriate maintenance of an older home.

4. How accurate is the sold price history provided?
The displayed sold price ranges are based on publicly available data, not the MLS. For fully verified, exact transaction figures, you must request a manual lookup from the site via email, as industry rules prevent the direct display of MLS records here.

5. What do the rankings for living area and value tell me?
They indicate this is a home of average proportions and value for its specific street, but with a living space that is actually above average for the broader Riverview area. This suggests you get more interior space relative to many neighborhood peers, while paying a price aligned with the immediate block.