840 Oakdale Drive

Property Overview: 840 Oakdale Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This well-established home in Eric Coy offers a classic and practical living arrangement. Its key feature is the generous, mature lot spanning approximately 8,771 square feet, providing significant outdoor space for gardening, recreation, or future expansion—a rarity compared to many newer properties. The home itself is a single-story bungalow with a finished basement, offering flexible living space on two levels. With 1,096 square feet of above-ground living area, it provides comfortable room for a smaller household.

The appeal lies in its balance of space, privacy, and established location. The large lot is its standout asset, offering a sense of retreat and potential. Its rankings indicate it sits on a larger parcel than most homes in its immediate area and across Winnipeg, a strong long-term value. The finished basement adds immediate functional space without the need for renovation. This property would suit first-time buyers or downsizers seeking a manageable single-level layout without sacrificing yard size, or value-oriented buyers who see potential in the land itself and the solid foundation of a maintained, older home.

Section 2: Frequently Asked Questions

1. What is the true value of the large lot size?
Beyond privacy and space, a lot of this size in an established neighborhood can be a strategic asset. It may provide room for additions like a large shed, deck, or garden, and often carries inherent value that appreciates independently of the home itself.

2. How should I interpret the "rankings" provided?
These rankings compare this property to others in its vicinity. Notably, this home's lot size ranks in the top 9% across all of Winnipeg, which is exceptional. Other metrics, like living area, are more typical for the area, helping you understand where this property excels and where it is average.

3. What are the considerations with a home built in 1971?
While offering solid construction, a home of this age will likely have original or older major systems (like roof, windows, plumbing, and electrical). A thorough inspection is crucial to understand the condition and budget for any updates, which can be an opportunity to customize.

4. Is the finished basement a legal suite?
The description states the basement is "finished," but it does not specify it as a legal secondary suite. Important follow-ups would be to confirm its legal status, ceiling height, separate entrance, and kitchen facilities if rental income or a separate living area is a goal.

5. What is the neighborhood feel of Eric Coy?
As a mature community, Eric Coy typically offers quiet, tree-lined streets with a mix of long-term residents. It provides a settled, suburban feel with local amenities and schools. Prospective buyers should visit at different times of day to gauge traffic and neighborhood activity personally.