Property Overview: 594 Oakland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,140 sqft bungalow, built in 1958 on a 5,280 sqft lot in Rossmere-A, presents a solid, no-fuss residential opportunity. Its primary appeal lies in its practical balance of space and value. The living area is notably above average for its street, placing it in the top 10% of Oakland Avenue for size, which suggests a comfortable layout for a family or someone needing a bit more room. However, its municipal tax assessment is below the averages for both the street and the neighborhood, potentially indicating a value proposition or an opportunity for updates that could increase its value.
The home suits buyers looking for a established character in a mature neighborhood without the premium of a new build. It’s a practical choice for a first-time homeowner who prioritizes interior space over a massive yard, or for an investor seeking a property with a stable assessment history in a long-standing community. A thoughtful perspective is that its 1958 construction date is exactly the average for Oakland Avenue, meaning it fits seamlessly into the street’s character and may share similar maintenance timelines and renovation opportunities with well-understood mid-century builds.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The 1,140 sqft living area is larger than the average home on Oakland Avenue (1,044 sqft), ranking it in the top 10% on the street for space. It is also very close to the average size for the broader Rossmere-A neighborhood.
2. Is the tax assessment high for this area?
No, the municipal tax assessment of $309,000 is below the average for both Oakland Avenue ($322,000) and the Rossmere-A community ($330,000). This could influence both property taxes and perceived market value.
3. What is the history of sales on this street?
Based on available data, a property on Oakland Avenue sold in the $350,000-$400,000 range in June 2023. For the precise sale history of this specific address, you must request the information directly via the provided email service, as per the data provider's note.
4. How does the lot size compare?
The lot is 5,280 sqft, which is very close to the average for the street and neighborhood. It is slightly smaller than the average lot across Winnipeg, but typical for this established area.
5. The home was built in 1958. What should I consider?
This is a mid-century home, so a thorough inspection of major aging components like the roof, foundation, plumbing, and electrical systems is essential. Its build year is typical for the street, so many neighbors' homes may have undergone similar updates or renovations.