Property Overview: 23 Oakstone Place, Winnipeg

Key Features & Ideal Buyer

This two-storey home in Leila-Mcphillips Triangle is a standout property defined by its generous scale and prime positioning within its community. Its key appeal lies in offering substantial space both inside and out. With over 2,700 sqft of living area, it ranks in the top 1% of homes in the neighborhood for size, providing ample room for family living, dedicated workspaces, or entertaining. This is complemented by a large, private lot of nearly 11,000 sqft, placing it in the top 4% locally for land area—a rare find that offers potential for gardening, recreation, or future expansion.

The home features a renovated basement and an attached garage, adding modern convenience to its functional layout. Built in 1988, it strikes a balance between established character and relative modernity compared to the Winnipeg average. While its assessed value is above average, it represents a premium for a property that outperforms most peers in core metrics of space and land.

This property would best suit buyers who prioritize interior volume and outdoor privacy over a brand-new build. It’s ideal for growing or multi-generational families, or anyone seeking a established home in a mature neighborhood with the room to customize both the house and the grounds. It appeals to those who see value in a home’s foundational attributes—size and lot—that cannot be easily altered.

Frequently Asked Questions

1. How does the property’s size compare to nearby homes?
It is significantly larger than most. Its living area is in the top 13% on its street, the top 1% in Leila-Mcphillips Triangle, and the top 2% citywide.

2. What is the significance of the lot size?
At nearly 11,000 sqft, the lot is exceptionally large for the area (top 4% locally). This provides superior privacy, yard space, and potential that is increasingly hard to find in established neighborhoods.

3. The assessed value seems high for the area. Why?
The assessed value reflects the home’s premium characteristics, particularly its very large living area and lot size, which place it in an elite tier within the neighborhood. It is assessed higher than 96% of comparable homes in Leila-Mcphillips Triangle.

4. What is the historical sales data for this home?
Public records indicate a sale in August 2016 for an estimated range of $425,000 to $455,000. For the exact historical sold price, you can request the information via email from the listing source.

5. What are the less obvious considerations for a home of this age and size?
While offering great space, a 1988-built home may have original major systems (like roofing, windows, or HVAC) approaching or due for updates. The very large lot is a major asset but also entails greater maintenance. The home’s elite ranking for size locally means it likely offers a different lifestyle scale than most neighbors, which is a plus for privacy but may affect future comparables.