Property Summary: 657 Oakland Avenue, Winnipeg
Key Characteristics & Appeal
This 1,040 sqft bungalow, built in 1959, presents a solid, middle-of-the-road offering in the Rossmere-A neighborhood. Its primary appeal lies in its balance and established context. The home sits on a lot that is notably larger than most on Oakland Avenue (5,877 sqft vs. a street average of 5,389 sqft), offering above-average outdoor space potential for the immediate area. While the living area is typical for the street and neighborhood, it falls below the wider Winnipeg average, indicating a more compact, efficient layout.
The assessed value of $328k aligns closely with neighborhood averages but sits below the citywide benchmark, suggesting a relative value proposition within Winnipeg’s broader market. The recent sale price (estimated between $300k-$350k) reinforces its position as a practically priced home in a stable area. It would suit first-time buyers or downsizers looking for a manageable property with a good yard in a mature neighborhood, without the premium of a newer or significantly larger home. A thoughtful perspective is that its "average" metrics across the board signal predictability and lower risk, as the home doesn't deviate sharply from community norms, which can be appealing for those seeking stability over standout features.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The land area of 5,877 sqft is above average for Oakland Avenue (top 15% on the street), offering more outdoor space than many direct neighbors. It is close to the average for the Rossmere-A neighborhood as a whole.
2. Is the home older or newer than others in the area?
Built in 1959, it is slightly newer than the average home on Oakland Avenue (top 9% for year built on the street) and is generally consistent with the age of homes in the wider Rossmere-A area.
3. What was the recent sale price?
Public data indicates a sale in February 2025 within the range of $300,000 to $350,000. For verified, exact sale figures, a manual lookup through the site is required due to data source regulations.
4. How does the living space compare?
At 1,040 sqft, the living area is very close to the averages for both Oakland Avenue (1,044 sqft) and the Rossmere-A neighborhood (1,116 sqft). It is, however, smaller than the average for comparable homes across Winnipeg.
5. Is the assessed value typical for the area?
Yes. The $328,000 assessed value is almost identical to the Rossmere-A neighborhood average and very close to the street average. It is notably below the average assessed value for similar homes across the city of Winnipeg.