644 Oakdale Drive

Property Overview: 644 Oakdale Drive, Winnipeg

Key Characteristics & Appeal

This well-established two-storey home sits on a substantial, mature lot of over 18,000 square feet in the Eric Coy neighbourhood. Built in 1987, the property offers nearly 1,900 square feet of living space, a finished basement, and an attached garage. Its appeal lies in the combination of generous, private outdoor space—a rarity in many modern subdivisions—and a home that ranks highly against local benchmarks for size, value, and condition.

The data reveals a property that consistently performs above average for its immediate area and significantly so city-wide. It ranks in the top tier of Winnipeg homes for lot size (top 2%), living area (top 12%), and assessed value (top 9%). This suggests a home that offers more space and perceived value than the vast majority of the market. Its 2016 sale price also ranked highly, indicating a history of strong value retention.

This home would best suit buyers looking for established character and room to breathe. It’s ideal for those who prioritize a large, private yard for gardening, recreation, or future projects over a brand-new build. The strong rankings point to a solid, move-in-ready property for a family or someone seeking a long-term home with space to grow, without venturing into the premium price brackets of newer or fully custom estates.

Frequently Asked Questions

1. What does the ranking data actually mean?
The percentages show how this property compares to others in its immediate street, wider neighbourhood (Eric Coy), and all of Winnipeg. For example, ranking in the "top 2%" for lot size in Winnipeg means 98% of city homes sit on a smaller lot. It’s a quick way to see this home’s competitive strengths.

2. Is the large lot a benefit or a burden?
It’s primarily a major benefit, offering privacy, space for activities, and landscaping potential. However, buyers should consider the associated maintenance (like lawn care and snow clearing) and whether the lot size aligns with their desired use of time and resources.

3. The home is nearly 40 years old. What should I be aware of?
Homes of this age are often built with robust materials and settled into their lots. Key due diligence should focus on the condition of major systems likely nearing or past their typical lifespan, such as the roof, windows, HVAC, and any original plumbing or electrical components.

4. How does the 2024 assessed value relate to the likely selling price?
The assessed value ($580,000) is for municipal tax purposes and is based on past market data. In a dynamic market, the final sale price can be higher or lower. It serves as a useful benchmark, but a current market evaluation is essential.

5. The home last sold in 2016. What does that indicate?
An eight-year ownership period suggests the sellers were settled and the home was likely well-maintained as a long-term residence, not a short-term investment. It also means there may have been updates during that time, which should be confirmed during the viewing process.