Property Overview: 344 Oakland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 344 Oakland Avenue in Rossmere-A is a classic Winnipeg bungalow, built in 1958. With 1,016 sqft of living space, it sits comfortably within the average range for its immediate street and neighborhood, offering a practical and manageable layout. The property’s standout characteristic is its assessed value, which ranks in the top 12% on Oakland Avenue, suggesting it is perceived as a higher-quality home on its block. This presents an interesting dynamic: you are acquiring a home that holds above-average value on its street, yet with a living area and lot size (4,024 sqft) that are modest and below broader city averages.
The appeal here is one of efficiency and established community. It suits buyers looking for a solid, no-frills home in a mature neighborhood without the footprint or maintenance of a larger property. It’s particularly well-suited for first-time homeowners, downsizers, or pragmatic investors who prioritize value retention on a specific street over maximizing square footage. A thoughtful perspective is that the smaller lot could be seen as a benefit for those seeking lower yard upkeep, while the home’s value ranking indicates it may have been better maintained or updated than some direct neighbors.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to what it last sold for?
The home sold in March 2022 for an estimated price between $350,000 and $400,000. Its current assessed value is $341,000. For an exact historical sale price, you must request a manual lookup from the site.
2. Is the living space considered small?
At 1,016 sqft, it is very close to the average for both Oakland Avenue (1,044 sqft) and the Rossmere-A neighborhood (1,116 sqft). It is, however, below the Winnipeg citywide average, making it a more compact, efficient home.
3. What does the “Top 12%” assessed value ranking on the street mean?
This indicates that the municipal assessment for 344 Oakland Avenue is higher than 88% of the 183 comparable homes on its street. This often reflects factors like condition, updates, or specific attributes that add value relative to neighboring properties.
4. Is the lot size a significant drawback?
The lot of 4,024 sqft is smaller than most on the street and in the city. This means less yard space for gardening or expansion, but also translates to less maintenance, which could be a positive for some buyers.
5. How can I get verified, exact sale price data for this home?
The site does not display MLS sold records. To obtain the exact sale price history, you must use the site’s email request service for a manual lookup.