Property score
52.7
Fair
Overall 52.7 · Smaller and older than most nearby homes
648 sqft (bottom 1%) · Built in 1951 (20 yrs older than avg)
Located in a high-income area with median household income of ~97k
Transit 80.0 · 2-min walk to transit with 3 nearby routes · Within 500m: 1 dining spot, 1 school, 1 park, and 1 place of worship nearby
Living Area
Below average
56% smaller than neighborhood avg.
Year Built
Below average
20 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 2%
Past 10 years Eric Coy sales snapshot (~80% of all data)
243
457.5k
$369/sqft
1971
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52.7 is composed by the two sections below.
Property Score
Community Score
Eric Coy
How to read: Share of sales in each ~$50k price band for “eric coy” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111066
$97K
Median household income
$108K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
29%
Single-person households
27%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
542 Oakdale Drive — 4 amenities found within 500 m, across 4 categories, including 1 dining (nearest 485 m), 1 education (nearest 150 m), 1 parks (nearest 208 m).
Eric Coy · WPS public data · 2026
Annual incidents
2
2026
vs. city avg
-93%
relative to avg
Year-over-year
▼ -94%
vs. prior year
Primary type
Other
50%
542 Oakdale Drive: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.
Request exact sold prices and history by email
Address · Distance
Address · Tax-Assessed Value
Property Overview: 542 Oakdale Drive, Winnipeg
Key Characteristics & Buyer Appeal
This is a classic 1951 one-storey home situated on a remarkably large, half-acre lot (23,180 sqft) in the Eric Coy neighborhood. Its primary appeal lies in the exceptional land size, which places it in the top 1% of all properties in Winnipeg for lot dimensions. The home itself is modest at 648 sqft, with an unfinished basement and a detached garage, representing a true blank-canvas opportunity.
Its strongest suit is for a specific type of buyer: the visionary owner, builder, or investor who sees immense potential in the land itself. This property is less about the existing house and more about the future possibilities afforded by such a sizable parcel in the city. It would perfectly suit someone looking for a long-term hold with redevelopment potential, a buyer wanting extensive outdoor space for gardens or hobbies, or a builder considering a new home project. A less obvious perspective is its appeal to multi-generational living plans, where the large lot could accommodate a future secondary suite or addition. The rankings highlight a unique proposition: you are purchasing a top-tier lot with a home that offers basic shelter, where the value is overwhelmingly in the land.
Frequently Asked Questions
1. What does the ranking data actually tell me?
It quantifies the property's standout feature: the lot size is exceptionally large compared to 99% of Winnipeg. Conversely, the home's living area is smaller than nearly all others, and the building is older than most in its immediate area.
2. Is the house livable as-is, or is this a tear-down?
The home provides basic, functional living space but is very modest in size. Whether you live in it, renovate, or plan to eventually replace it depends entirely on your budget, needs, and vision for the land. The unfinished basement offers storage and mechanical space.
3. What are the possibilities for a lot this size?
Potential uses could include extensive landscaping, adding large outbuildings (subject to bylaws), subdividing the lot (subject to city approval and zoning), or eventually building a much larger custom home. The key is to investigate Winnipeg's zoning regulations for this specific parcel.
4. Why is the assessed value relatively moderate given the lot size?
Municipal assessments typically reflect current use rather than pure development potential. The assessment balances the high land value with the low improvement value of the small, older home, resulting in a total that may not fully capture the premium a buyer might pay for the lot's future options.
5. What should be my first step if I'm interested?
Your first step should be to conduct due diligence on the zoning (R1, R2, etc.) and any applicable development restrictions or guidelines for the Eric Coy area with the City of Winnipeg. This will clarify what you can actually do with the property and define its true potential value for you.
