Property Overview: 640 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This home at 640 Oakland Avenue in the Rossmere-A neighborhood presents as a solid, average-sized property within its market. Built in 1958, it is typical for its street but is slightly older than many homes in the wider Rossmere-A area. With 1,056 square feet of living space, it is above average for Oakland Avenue itself and offers a very standard footprint for the community. The lot size of just over 5,200 square feet provides a generous backyard space for a home of this era, ranking well compared to the city average.
Its primary appeal lies in its consistency and positioning as a benchmark property. The municipal tax assessment of $321,000 aligns closely with averages on its street and in Rossmere-A, suggesting it is priced squarely within the local norm without premium or discount outliers. This makes it a useful gauge for neighborhood value. The home would suit pragmatic first-time buyers or investors seeking a stable, no-surprises entry into the Winnipeg market, particularly those who value a larger lot in a mature neighborhood. Its "middle-of-the-pack" rankings across most metrics indicate a property that is neither a standout fixer-upper nor a fully renovated showpiece, but a straightforward canvas.
A less obvious perspective is that its consistent, average rankings across different geographic scales (street, neighborhood, city) provide a rare stability. In a volatile market, such a property can be easier to accurately value and may experience less dramatic price swings compared to more unique homes.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 1,056 sq ft, the living area is slightly larger than the average home on Oakland Avenue (1,044 sq ft) and very close to the Rossmere-A neighborhood average (1,116 sq ft).
2. Is the tax assessment a good indicator of market value?
The assessment of $321,000 is a municipal valuation for tax purposes and is close to the local averages. Market value is determined by current sale prices, condition, and buyer demand. You can request accurate historical sale price data for this property via the email link provided on the detail page.
3. What does the 1958 build year imply?
Built in 1958, this home is of a common vintage for the street but is slightly older than many in the broader Rossmere-A area, where the average build year is 1964. Buyers should budget for potential updates common to homes of this age, such as roofing, windows, or mechanical systems.
4. How does the lot size compare?
The 5,281 sq ft lot is very typical for Oakland Avenue and Rossmere-A. It is notably larger than the lot of many newer infill properties and provides good outdoor space, ranking in the top half city-wide for lot size among comparable homes.
5. Are there recent sale prices available for this specific address?
As per the provided information, there are no readily listed transaction records for 640 Oakland Avenue on this site. However, you can email the site administrator to request a manual search for accurate sale price history, which they will provide without marketing spam.