Property Overview: 698 Oakland Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 698 Oakland Avenue in Rossmere-A is a quintessential, well-situated property that represents solid value and practicality. Built in 1958, it features 1,043 sqft of living space on a 5,185 sqft lot, with a current assessed value of $323,000. The data reveals a home that is consistently "around average" in most metrics for its street, neighborhood, and the wider city, which is central to its appeal: it offers a stable, predictable entry into the Winnipeg market without extreme outliers in size, value, or age.
Its primary appeal lies in its balance and established location. The lot size, while slightly below average for the street, is still generous by city-wide standards, offering good outdoor space. The home last sold between $250k-$300k in mid-2020, suggesting a history of affordability. It would suit first-time buyers or practical downsizers seeking a manageable property in a mature neighborhood. A thoughtful perspective is that its very "averageness" is an asset—it likely faces fewer premium costs or unique drawbacks, making it a straightforward, lower-risk purchase. The tight grouping of similar homes on Oakland and McLeod Avenues indicates a cohesive community character, appealing to those who value neighborhood consistency over standing out.
Section 2: Frequently Asked Questions
1. Is this house a good value compared to its neighbors?
The assessed value is almost exactly at the street average ($323k vs. $322.1k) and slightly below the neighborhood average, suggesting it is priced very typically for the area, neither a standout bargain nor overpriced.
2. How does the lot size impact potential?
At 5,185 sqft, the lot is smaller than many on Oakland Avenue but near the neighborhood average. This may limit expansive additions but is still ample for a garden, patio, or play area, and likely means less maintenance than a larger lot.
3. What does the year built (1958) imply for renovations?
As one of the older homes on the street (ranked in the top 34%), it may have more original components. Buyers should budget for updates common to homes of this era, but its age is typical for the city overall.
4. Can I find out the exact past sale price?
The public data shows a sold price range of CA$250k–300k for June 2020. The site notes that to receive the exact historical figure, you must request a manual lookup via email, as they do not display MLS records.
5. How does the living space compare for a family?
At 1,043 sqft, it is average for the street and neighborhood. It is suitable for a small family or couple, but those needing more space will find homes in the area that are 150-200 sqft larger, as shown in the comparable listings.