Property Overview: 254 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This 1,251 sqft home, built in 2019, stands out in its Rossmere-B neighborhood for its modern age. It is newer than 99% of nearby homes, offering immediate appeal to buyers seeking a contemporary build without the wait or premium of new construction. Its assessed value of $336k is above average for both its street and neighborhood, suggesting a well-regarded property in a stable area.
The primary appeal lies in its efficient, modern living space within an established community. While the lot size is notably smaller than most in the area, this translates to less yard maintenance—a potential benefit for busy professionals, first-time homeowners, or downsizers. The home suits buyers prioritizing a move-in ready, low-maintenance property with modern systems and finishes, who are comfortable with a compact outdoor space. It represents a balanced choice: newer infrastructure and design in a mature neighborhood, likely appealing to those who value convenience and modern comforts over expansive land.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the land area is significantly smaller than the neighborhood average, it means minimal yard upkeep. This is a practical advantage for those not wanting extensive gardening or maintenance, though it limits potential for expansions like large decks or additions.
2. Is the assessed value a reliable indicator of the market price?
The assessed value is for municipal tax purposes and is above local averages, indicating the property is in good standing relative to its peers. However, market price is determined by current conditions, buyer demand, and the home's specific features, so a professional appraisal or comparative market analysis is recommended.
3. What does the 2019 build year mean for a buyer?
A home built in 2019 likely has modern building codes, energy-efficient appliances, and newer major systems (like HVAC, roof, and plumbing), which can mean lower immediate repair costs and potentially lower utility bills compared to older homes in the area.
4. The home sold in early 2019. What does that history suggest?
It was likely purchased new from a builder or developer. The sale history shows initial ownership; understanding why it’s now on the market would require further inquiry, but its short ownership period is not uncommon for newer builds.
5. How does this home compare to others on Oakview Avenue?
It ranks highly for living area, assessed value, and is elite for its newness on a street where the average home was built around 1950. This positions it as one of the most modern and spacious homes on the block, albeit on a much smaller parcel of land.