Property Overview: 347 Oakview Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 347 Oakview Avenue in Rossmere-B is a classic, no-frills property that represents a practical entry point into the Winnipeg housing market. Built in 1953, it sits on a 4,500 sqft lot and offers 886 sqft of living space. Its assessed value of $295k is comfortably below the citywide average, and it sold for an estimated $300k–$350k in late 2024.
The primary appeal lies in its affordability and established neighborhood setting. While the living space is modest compared to newer homes, it suits buyers looking for a manageable footprint without a premium price tag. The lot size is typical for the street, offering adequate outdoor space. This property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance home in a mature community. A thoughtful perspective is that its "below average" size and value metrics relative to the city might actually be an advantage, representing a more affordable and energy-efficient option in a market where larger homes command significantly higher prices.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 886 sqft, the home is smaller than the Winnipeg average. However, it is quite typical for its era and immediate street, where the average is 1,027 sqft. It's a layout designed for efficient living rather than spaciousness.
2. How does the assessed value compare?
The $295k assessment is very close to the street average ($299.7k) and neighborhood average ($311.9k). Citywide, it sits below average, which generally reflects the home's size, age, and location rather than an outlier condition.
3. What is the neighborhood like for similar homes?
Rossmere-B is characterized by older homes, primarily built from the 1920s to 1970s. This 1953 home is right in the middle of that range, making it a representative example of the area's housing stock.
4. Can I get the exact sold price?
The public data shows a sold price range. To obtain the exact figure, you must request a manual lookup from the site provider via email, as MLS sold records are not displayed due to industry rules.
5. How does the lot size impact potential?
The 4,500 sqft lot is slightly below the street average. It provides standard yard space for a home of this vintage but may limit extensive expansions or additions compared to properties on larger lots.