Property Overview: 311 Oakview Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated home in Rossmere-B presents a solid, grounded opportunity. Built in 1953, it offers 1,185 square feet of living space on a 5,001 square foot lot. The data reveals its primary strength is relative size: both the house and the lot are notably above average for Oakview Avenue itself, ranking in the top 22-21% of the street. This suggests you get more physical space than many immediate neighbors. At the neighborhood and city level, its assessed value of $313k sits comfortably around the local average, indicating a fair market positioning without a premium price tag.
The appeal here is one of practical value and stability. It suits a first-time homebuyer or a downsizer seeking a established, no-frills home in a mature neighborhood. It’s for someone who prioritizes interior and yard space over a newer build date and sees potential in a property that is competitively sized on its block. A thoughtful perspective is that while the home is average in many city-wide metrics, its above-average standing on its own street could contribute to better long-term consistency and less volatility in its immediate micro-market.
Frequently Asked Questions
1. How does this home’s size really compare to others nearby?
The living area is larger than about 80% of similar homes on Oakview Avenue and in the top 18% for the Rossmere-B neighborhood, making it a spacier option in its immediate context.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($313k) is a municipal tax valuation. Notably, it is very close to the street and neighborhood averages, suggesting it’s in line with local norms. The last known sold price was between $250k-$300k in 2017.
3. What does the "around average" city-wide ranking mean?
For key metrics like value and size, this home falls near the middle of the pack for all of Winnipeg. This indicates it’s a typical, mainstream property rather than a standout luxury or bargain offering, which can mean less competition and more predictable market performance.
4. The home was built in 1953. What should I consider?
The year built is typical for the area. Buyers should budget for a professional inspection to assess the condition of major aging components like the roof, plumbing, electrical, and foundation, which are common focal points for homes of this era.
5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to industry rules, exact MLS sale histories are not published online here. You can request the precise figures via email from the site provider for verified data.