845 Oakdale Drive

Property Overview: 845 Oakdale Drive, Winnipeg

This well-situated bungalow offers a blend of space, established charm, and practical living. Its key appeal lies in its generous, mature lot of nearly 7,500 sqft within the Eric Coy neighbourhood, providing a rare sense of openness and potential for gardening or outdoor enjoyment in the city. The home itself is a classic one-storey layout with over 1,000 sqft of living space and a finished basement, catering to a desire for single-level living or flexible space for a family or home office. A notable strength is its strong value position within Winnipeg, ranking in the top 14% of the city for lot size.

This property would suit first-time buyers looking for a solid entry point with room to grow, downsizers seeking manageable single-level living without sacrificing yard space, or value-oriented buyers who prioritize land size and see potential in a home from the late 1960s. A thoughtful perspective is that while the home's interior size is modest relative to its lot, this presents a clear opportunity: the value here is anchored in the land and the established community, with the structure offering a functional canvas.

Frequently Asked Questions

1. How does the recent sale price compare to the city assessment?
The home sold for $350,000 in November 2023, which is approximately $27,000 above the current assessed value of $323,000. This suggests the market recognized value beyond the formal assessment, likely in the desirable lot size and condition.

2. Is the house particularly large or small for the area?
The living space (1,014 sqft) is actually on the smaller side for both the immediate street and the wider Eric Coy community, ranking in the top 89% and 69% respectively (meaning many homes are larger). However, the lot size is a standout feature, ranking in the top 14% city-wide.

3. What does the "finished basement" entail?
The listing confirms a finished basement exists, but specific details on the finish quality, ceiling height, legal egress, or room layout are not provided. This would be a key point for a viewing or follow-up with the listing agent to understand its true functionality.

4. What is the significance of the home's age (built 1969)?
A home from this era may have original building materials and character, along with associated maintenance considerations. It falls in the middle range for age in Winnipeg (top 53%), so while not historic, it is an established property. Potential updates to systems like plumbing, electrical, or windows should be factored into consideration.

5. There's no garage. Is street parking readily available?
The property has no garage. Buyers should investigate on-street parking regulations on Oakdale Drive directly, especially during Winnipeg winter parking bans, to understand daily convenience. The large lot does offer potential for future parking pad or garage construction, subject to city bylaws.