Property Overview: 222 Oakview Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 222 Oakview Avenue is a classic, post-war bungalow built in 1949, offering a practical and affordable entry point into Winnipeg’s Rossmere-B neighborhood. Its key characteristic is its modest scale, with a living area of 788 sqft that is notably smaller than most homes in the area and across the city. This is balanced by a nearly average-sized lot of 4,788 sqft, providing valuable outdoor space.
The appeal lies in its financial accessibility. With an assessed value of $287k, it sits below the neighborhood and city averages, presenting a lower barrier to entry. Its value is contextual; on its own street, it ranks as relatively average for price and lot size, suggesting it fits comfortably within this specific, established community of similar homes.
This property would best suit first-time buyers or downsizers seeking a manageable, single-level home with yard space in a mature neighborhood, without the premium price of a larger or renovated property. It’s a pragmatic choice for those who value location and lot potential over interior square footage, and who are comfortable with a home that may require updates reflective of its era.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 788 sqft, the home is significantly cozier than the neighborhood average. It requires efficient use of space and would feel cramped for a large family, but it’s workable for individuals, couples, or small families who prioritize a simpler footprint.
2. How does its assessed value compare?
The $287k assessment is below the Rossmere-B average ($312k) and well below the Winnipeg average ($390k). This indicates a potentially more affordable tax base and purchase price relative to the broader market, though final sale price is determined by the market.
3. What does the lot size offer?
The lot is just above average for Oakview Avenue. For a home of this size, the yard is a significant asset, offering room for gardening, recreation, or future expansion like a shed or deck, which is a valuable perk in an older neighborhood.
4. Are recent sale prices available for this home?
The page indicates it sold in 2019 and 2020, with prices in the $250k-$300k range. For verified, exact sale figures, you must request them directly via the email service mentioned, as the site does not display MLS data.
5. What are the less obvious considerations?
Built in 1949, the home’s systems (roof, wiring, plumbing) are likely original or older, so a thorough inspection is crucial. Also, while its smaller size means lower heating costs, it also means limited storage and living space by modern standards. The fact that it’s very typical for its own street can be a positive, indicating a stable, consistent streetscape.