Property Overview: 3-304 Oakview Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This 1,225 sqft property at 3-304 Oakview Avenue in Rossmere-B presents a practical and modern living space. Built in 2015, it is a notably newer home compared to the Winnipeg average, suggesting contemporary construction and potentially lower maintenance. Its living area is above the citywide average, offering more space than many comparable Winnipeg homes, while its assessed value of $297K sits above the city average but below the immediate neighborhood average. This creates an interesting position: you get a newer, spacious home for a value that is competitive within its own micro-area.
The appeal lies in this balance of modernity, space, and value. It suits first-time buyers or downsizers looking for a turn-key, low-maintenance home without sacrificing square footage. It also appeals to the value-conscious buyer who recognizes that purchasing a newer property in an established neighborhood like Rossmere-B can offer the best of both worlds—modern amenities within a mature community setting. A less obvious perspective is that its "below average" valuation on its own street could represent a relative value opportunity if the home's condition is strong, allowing for equity growth as it aligns with neighboring values over time.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
While its assessed value ($297K) is below the current average for Rossmere-B ($302.3K), it is solidly above the Winnipeg citywide average ($256.1K). This indicates you are paying a premium for the neighborhood, but potentially getting a relative deal for a newer home on this specific street.
2. What does the year built (2015) mean for me?
A 2015 build date means major systems like roofing, HVAC, and plumbing are likely less than a decade old, potentially reducing near-term repair costs. It also suggests the home meets modern building codes and energy efficiency standards.
3. The home sold in 2016. Is more detailed sale history available?
The provided data shows a sale in 2016 within a price range. For a fully verified transaction history and exact sale figures, you must request a manual lookup via email from the site, as they do not display MLS records.
4. Is the living space of 1,225 sqft sufficient for a family?
This is above the city average (1,042 sqft) and is comparable to other homes in the immediate area. It typically provides space for 2-3 bedrooms and common living areas, suitable for a small to medium-sized family or those who appreciate extra room.
5. What are the implications of the “below average” assessed value on the street?
This doesn’t necessarily mean the home is inferior. It could be due to factors like unit positioning (if it's a condo or townhouse), lot size, or specific finishes. It’s important to view the property in person to understand its specific condition and layout relative to its neighbors.