Property Overview: 653 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This 936 sqft bungalow, built in 1959, sits on a notably generous 5,874 sqft lot in the Rossmere-A neighborhood. Its key appeal lies in its balance of a well-sized property at a value-conscious point. While the living space is modest compared to area and city averages, the lot size is well above average for its street, offering valuable outdoor space and potential. The home’s assessed value of $329k is consistently around the average for its immediate area, suggesting it is priced in line with the local market rather than at a premium.
This property would suit first-time buyers or downsizers looking for a manageable home with room to garden or expand outdoors. It’s also a practical option for value-focused buyers who prioritize land size over interior square footage and appreciate a home that is older than many on its specific street, which can sometimes indicate a well-established, stable location.
Frequently Asked Questions
How does the home’s size compare to others nearby?
The living area is below the average for the street, neighborhood, and city. This is a more compact home, but it is balanced by a larger-than-average lot size for the immediate area.
Is the assessed value a good indicator of the likely selling price?
The assessed value is around the local average. Recent sold data shows a home on this street sold for between $350k-$400k in mid-2023, which can be a more current benchmark, though market conditions change.
What does the "Above Average" year built ranking mean?
Built in 1959, this home is older than most comparable homes on Oakland Avenue. This isn’t about being newer; it indicates the home is part of the original fabric of the street, which can be appealing for its established character and mature landscaping.
Can I get the exact sold price of this home or nearby properties?
The site provides sold price ranges. To receive verified, exact sold price figures, you must request them via email from the service, as they do not publish MLS data directly.
What is the immediate neighborhood like?
The listing shows several nearby properties on Oakland Avenue and adjacent streets like Mcleod Avenue, with very similar vintage, size, and assessed values, indicating a consistent, established area of similar homes.