Property Summary

Key Characteristics & Appeal

This is a character-driven home on Oxford Street in Central River Heights, Winnipeg—built in 1953, which puts it among the older, more established properties in the area. The lot is a standout feature: at 6,238 square feet, it's well above average for the neighbourhood (top 13%) and citywide (top 26%). That’s the kind of yard that gives you room for gardens, a workshop, or future expansion, something increasingly rare in this part of town.

The living area is below average at 957 square feet, placing it in the bottom 22% citywide. That means the house itself is compact—more of a cozy cottage or starter home than a sprawling family residence. The assessed value sits around $387,000, which is near the median for Oxford Street and Central River Heights but ranks higher citywide (top 42%). For a buyer, that suggests the value is in the land and location rather than the square footage.

This property suits buyers who prioritize outdoor space and a solid, older home with good bones over a large floor plan. Think: first-time buyers willing to renovate, downsizers who want a manageable interior and a proper yard, or investors eyeing a lot in a desirable, tree-lined neighbourhood. The mismatch between a generous lot and a modest house also opens the door for someone who might eventually build an addition or a second dwelling—if local zoning allows.

Five Possible FAQs

1. Is the small living area a dealbreaker, or could it work long-term?
It depends on your lifestyle. A 957-square-foot floor plan is tight for a growing family, but it's perfectly comfortable for singles, couples, or empty nesters. Many homes from this era have rooms that feel larger than the number suggests, and the lot gives you options for adding space later—if that's on your radar.

2. How does the assessed value compare to similar homes in the area?
At $387,000, it's around average for the immediate street and neighbourhood. But because the house is smaller than most, you're effectively paying more per square foot for the land. That's typical in Central River Heights, where location and lot size drive prices more than interior square footage.

3. What condition should I expect from a 1953-built home?
No detail is given here, so you'd need an inspection. But homes from this era often have solid framing, good-quality lumber, and established landscaping. The trade-offs can be older electrical, plumbing, and insulation. If it's been renovated, that's a plus—if not, budget for updates.

4. Why is the ranking for year built considered "above average" when 1953 is older?
The ranking compares the property within its own scope. On Oxford Street and in Central River Heights, many homes are even older, so 1953 lands in the top 20–30%. Citywide, newer construction is more common, so it falls in the bottom 31%. In this neighbourhood, an older home is the norm, not a drawback.

5. Could I split or develop the lot?
The land area is 6,238 square feet, which is generous for the area. Whether you can subdivide or build a secondary unit depends entirely on Winnipeg's zoning bylaws for Central River Heights. This property's listing doesn't address that, so you'd need to check with the city's planning department. Don't assume it's possible without due diligence.