582 Oakland Avenue

Property Overview: 582 Oakland Avenue, Winnipeg

Key Characteristics & Appeal

This home at 582 Oakland Avenue in the Rossmere-A neighborhood presents a solid, mid-century property that stands out for its balance and consistency within its immediate area. Built in 1958, its 1,073 sqft living space is notably above average for Oakland Avenue, placing it in the top 20% of homes on the street. This suggests a potentially more spacious interior compared to many direct neighbors. The lot size of 5,280 sqft is typical for the street and community, offering standard suburban outdoor space.

The primary appeal lies in its strong positional value within a well-established context. With an assessed value for taxes of $326,000, it sits very close to the average for both its street and the wider Rossmere-A area, indicating a property that is neither over-improved nor under-improved for its location. This consistency extends to its last known sale price (estimated between $300,000-$350,000 in late 2022), which was competitive, ranking in the top third for the street at that time.

This home would suit pragmatic, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable, established neighborhood over a brand-new build. It’s a property for someone who sees a 1950s home not as outdated, but as a proven structure with inherent character and the potential for thoughtful updates. The data suggests it’s a home that holds its own without standing out in extremes, offering a straightforward entry into homeownership in a mature Winnipeg community.

Frequently Asked Questions

1. How does this home’s size compare to others nearby?
At 1,073 sqft, the living area is actually larger than the average home on Oakland Avenue (1,044 sqft), placing it in the top 20% for the street. This is its strongest comparative metric locally.

2. Is the assessed value high for the area?
No, the $326,000 assessment is very close to the average for both Oakland Avenue and the Rossmere-A community as a whole. It suggests the property is valued in line with market expectations for the location.

3. What does the 1958 build year mean for a buyer?
It places the home right at the average age for Oakland Avenue. Buyers should anticipate the maintenance and potential update needs common to homes of this era, but also benefit from the settled nature of the neighborhood and likely mature landscaping.

4. How competitive was its last sale?
Based on available data, its sale in late 2022 for an estimated $300,000-$350,000 was in the top 28% of sale prices for Oakland Avenue at the time, indicating it was a competitively priced and desirable property in its market segment.

5. Where can I get precise historical sale data?
The provider notes that due to industry restrictions, precise MLS sale records are not displayed publicly. They offer to provide accurate historical sale data manually via email request upon user registration, at no cost.