753 Oakdale Drive

Property Summary: 753 Oakdale Drive, Winnipeg

Key Characteristics & Appeal

This is a well-maintained, single-storey home built in 1971, situated on a generous 7,194 sqft lot in the Eric Coy neighbourhood. Its key features include a fully finished basement and a detached garage. With 873 sqft of living space, it presents as a compact and manageable bungalow.

The primary appeal lies in its established setting and lot size, offering more outdoor space than many modern properties. Its rankings indicate it is a solid, middle-of-the-road home for the area, not the newest or largest, but holding its own in terms of assessed value and lot dimensions. This property would suit first-time buyers, downsizers, or practical investors looking for a low-maintenance footprint without sacrificing yard space. It’s a home for those who value a stable, established community over brand-new finishes, and who see potential in the generous lot as a long-term asset for gardening, expansion, or simply enjoying private outdoor space.

Frequently Asked Questions

1. How does the age of the home (55 years) affect its value?
While not new, the home’s age is typical for the mature neighbourhood. The key will be the condition of major systems like roof, wiring, and plumbing, which a thorough inspection will clarify. Its assessed value ranking suggests it is considered average for its age and area.

2. The living space is noted as compact. Is there room to expand?
The significant lot size (over 7,000 sqft) is a major asset here. It provides a tangible opportunity for future expansion, such as an addition, or for creating extensive outdoor living areas, subject to local zoning and permit approvals.

3. What do the community rankings actually tell me?
These rankings compare this home against others on its street, in Eric Coy, and across Winnipeg. They show this property is competitive in terms of lot size and assessed value locally, but its living area is smaller than most in the immediate community. This highlights its profile as a land-value proposition with a modest dwelling.

4. The basement is finished. What should I ask about this?
It’s important to determine the quality and legality of the finish, when it was done, and if it required any permits. Also, inquire about moisture control and ceiling height, as these are common considerations in older basements.

5. Who might this property not suit?
It may not be ideal for a growing family needing significant immediate indoor space, or for buyers seeking a modern, open-concept layout without renovation work. It’s best suited for those comfortable with the character and potential maintenance considerations of a mature home.