Property Overview: 293 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This 928 sqft home on Oakview Avenue in Rossmere-B presents a compelling mix of modern convenience within an established neighborhood. Its standout feature is its age: built in 2012, it is a significantly newer construction compared to most homes on its street and in the wider area, where average build dates are from the 1950s. This suggests updated building systems, materials, and potentially lower immediate maintenance needs. The assessed value of $332k is above average for both the street and the neighborhood, reflecting this modern premium, yet it remains around the citywide average, positioning it as a value-conscious choice for a newer home.
The appeal lies in this balance. It offers the benefits of a relatively contemporary build without the premium of a brand-new subdivision. The trade-off is a smaller living area and a more compact lot (3,334 sqft) compared to neighborhood averages, making it efficient and manageable rather than expansive. This property would ideally suit first-time buyers, downsizers, or practical investors seeking a modern, low-maintenance footprint in a mature, quiet community. It’s for those who prioritize the condition and systems of a home over sheer square footage or large yard space.
Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
The assessed value ($332k) is a municipal tax valuation. The last sold price in 2022 fell within the $350k-$400k range, which was in the top 5% for the street at that time. Market conditions change, so a current market evaluation is essential, but the data suggests a history of strong value retention.
2. What are the implications of the home being newer than most in the area?
A 2012 build typically means more modern electrical, plumbing, insulation, and windows, leading to better energy efficiency and potentially lower repair costs in the near term. However, it’s still a 12-year-old home, so standard inspections are crucial.
3. The lot size is noted as below average. How will this affect me?
The yard will be more compact than many neighbors'. This means less outdoor maintenance but also less private space for gardening, play, or expansion. It emphasizes a low-maintenance lifestyle.
4. How does the living area compare for daily life?
At 928 sqft, the home is cozy and efficient. It’s suitable for individuals, couples, or small families who prefer a simpler layout without excess space to heat, clean, or furnish. It ranks higher on its own street than in the broader area, indicating it fits the local scale.
5. Where can I get verified historical sale data for this property?
The site notes that due to industry rules, exact MLS sold records are not displayed online. They offer a manual lookup service where you can request the full transaction history and exact sold prices via email, which they will provide without using your contact for marketing.