15 Oakdean Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 2,204 sqft home on a 6,884 sqft lot, built in 1956 and assessed at $530,000. The property stands out most for its living space and assessed value. It ranks in the top 6% of homes on its street for living area, and in the top 3% for assessed value—meaning it’s both larger and worth more than most of its immediate neighbours. Within the Woodhaven neighbourhood, it’s in the top 9% for size and top 15% for value. Citywide, it’s in the top 7% for living area and top 15% for assessed value.
The lot is slightly smaller than average for both the street and the neighbourhood, but still above average citywide. The home was built in 1956, which is on par with its street and neighbourhood (both mostly built in the mid-1950s), but older than the citywide average of 1966.
The appeal here is clear for buyers who prioritise interior space and a strong asset value over a large yard. In a neighbourhood like Woodhaven, where lots are often generous, this property trades land for a larger home. That shift isn’t for everyone, but it suits buyers who want more room inside without moving to a newer subdivision. It would be a strong fit for families needing square footage, or for someone looking for a well-positioned older home where the value has held up well relative to other properties in the area. The fact that it ranks higher for value than for lot size suggests there’s something about the house itself—renovations, layout, or condition—that the market has recognised.
Five FAQs
1. How does the lot size compare to other homes in Woodhaven?
The lot is 6,884 sqft, which is below average for both Oakdean Crescent (average 7,804 sqft) and Woodhaven overall (average 9,926 sqft). It ranks in the bottom 13% of the neighbourhood. However, it’s still above the citywide average of 6,570 sqft, so it’s not small by Winnipeg standards—just compact for this particular neighbourhood.
2. Is the assessed value reflective of recent market prices?
Assessments are done by the city for tax purposes and aren’t the same as market value. This property’s assessed value of $530,000 is in the top 3% on its street and top 15% citywide, which confirms it’s a higher-value home in its area. That said, actual sale prices depend on condition, upgrades, and market timing. The assessment gives you a strong baseline, but you’d want to compare recent sales of similar homes in Woodhaven for a more current picture.
3. What does “Taon ng Paggawa” mean, and why is it relevant?
It’s Filipino for “year built.” The data is presented in multiple languages on the source page. This home was built in 1956, which puts it ahead of both the street and neighbourhood averages. Being built in the same era as surrounding homes is typical for an older established area like Woodhaven, but buyers should be prepared for maintenance considerations common to houses of this age—foundation, wiring, plumbing, and insulation are worth checking.
4. Why is the living space ranking so much higher than the lot ranking?
That’s the central trade-off of this property. It’s a larger-than-average home on a smaller-than-average lot for its street. On Oakdean Crescent, the average lot is 7,804 sqft, but this lot is 6,884 sqft—about 12% smaller. Meanwhile, the 2,204 sqft living area is 60% larger than the street average of 1,379 sqft. The house was likely designed to maximise interior space, which is common on narrower or shallower lots. For someone who values square footage over outdoor space, that works well.
5. How does this property rank within the broader Winnipeg market?
It ranks in the top 7% citywide for living area and top 15% for assessed value. That’s strong overall. Its lot size is in the top 18%, which is decent but not as exceptional. The year built is older than the city average (1956 vs 1966), but it’s in line with its immediate surroundings. If you’re comparing homes across the city, this property stands out as a spacious, high-value home in a well-established neighbourhood—not a fixer-upper, but also not a newer build.