Property Overview: 645 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This 1959-built home in Rossmere-A presents a compelling case for value-focused buyers. At 936 sqft, the living space is modest and below area averages, suggesting a efficient, manageable layout rather than expansiveness. Its true standout feature is the 5,869 sqft lot, which is notably larger than most on Oakland Avenue, offering valuable outdoor space and potential.
The home’s assessed value of $346k ranks well above the street average, indicating it is viewed as a premium property within its immediate context. This, combined with a solid sale price between $400k-$450k in mid-2021, points to a home that has maintained strong market appeal. The appeal lies in this combination: a larger-than-standard lot in an established neighborhood, paired with a home that represents a lower-maintenance footprint. It would suit first-time buyers looking for a starter home with room to grow outdoors, downsizers seeking a manageable property without sacrificing yard space, or value-driven investors attracted to its strong standing on a street of comparable homes.
A less obvious perspective is that a smaller home on a larger lot can offer greater flexibility. It provides a clearer canvas for future expansion or landscaping projects than a home that already fills its lot. Additionally, its above-average valuation on the street suggests it may have been updated or maintained to a higher standard than its neighbors.
Frequently Asked Questions
1. Is the house smaller than others nearby?
Yes. At 936 sqft, the living area is below the average for Oakland Avenue (1,044 sqft), the Rossmere-A neighborhood (1,116 sqft), and Winnipeg overall (1,342 sqft).
2. What is the standout feature of this property?
The land size. The lot of 5,869 sqft is significantly larger than the street average (5,389 sqft), providing more outdoor space than most properties in the immediate area.
3. How does its value compare to nearby homes?
Very favorably on its street. Its assessed value of $346k ranks in the top 10% on Oakland Avenue, where the average is $322.1k. It compares closer to the neighborhood and city averages at the broader level.
4. What was it last sold for?
Public records indicate a sale in June 2021 for a price between $400,000 and $450,000. For verified, exact historical sale figures, a manual lookup can be requested from the site.
5. What does the year built tell us?
Built in 1959, it is slightly newer than the average home on its street (1958). This is typical for the mature Rossmere-A area and suggests a home of a certain era, likely with the potential for both original charm and updates.