Property Overview
213 Oakview Avenue presents a classic, no-frills Winnipeg home. Its primary appeal lies in being an accessible entry point into the Rossmere-B neighborhood, offering a smaller-scale property with a proportionally lower price tag. Built in 1921, this 701 sqft home sits on a 4,101 sqft lot and carries a $220k assessed value, which is notably below area averages.
Key Characteristics & Ideal Buyer
This is a modest, century-old home that ranks below average in size, lot dimensions, and assessed value compared to its immediate street, neighborhood, and the wider city. Its standout feature is affordability within a stable area. The appeal is straightforward: lower property taxes due to the assessment, a manageable lot for maintenance, and the potential for a first-time buyer or investor to enter the market without a significant financial burden. It would suit a pragmatic buyer—perhaps a first-time purchaser, a downsizer, or an investor—who prioritizes location and budget over space and modern finishes. A thoughtful perspective is that a home well below area averages can represent a lower risk in a softening market and may offer more predictable, gradual equity growth compared to premium-priced properties.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighborhood average?
The assessed value reflects the home's smaller size (701 sqft), older age (1921), and comparatively smaller lot. It's priced for what it is—a modest, entry-level property in the area.
2. What does the sold price history indicate?
Records show it last sold between $150k-$200k in early 2020. This historical price, combined with the current $220k assessment, suggests the market has recognized some appreciation, but it remains an affordable option.
3. Is the smaller living area a major drawback?
It depends on your needs. For a single person, couple, or investor, it can be efficient and cost-effective. For a growing family, it would likely feel cramped compared to the typical 1,000+ sqft homes in Rossmere-B.
4. How does the older year built (1921) affect the property?
It places the home among the oldest on the street. Buyers should budget for potential updates to older mechanical systems, insulation, or windows, but it also may possess a character not found in newer builds.
5. Where can I get verified, exact sold price data for this home?
The site provides estimated price ranges. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.