1-403 Oakdale Drive

Property Overview: 1-403 Oakdale Drive, Winnipeg

Section 1: Key Characteristics & Appeal

This 884 sqft home, built in 1977, presents a straightforward and affordable entry point into Winnipeg’s Marlton neighborhood. Its core appeal lies in its financial accessibility, with a current assessed value of $167,000 and a last known sale price of $145,000 in 2017. The property ranks exceptionally well for its size within its immediate street and community, placing in the top 1% on Oakdale Drive, which suggests it offers more space than most nearby comparables. This creates a value proposition of "more house" within its price tier.

The home would suit first-time buyers seeking a practical starter home with a lower financial barrier to entry, or investors looking for a manageable rental property. Its age (49 years) means prospective buyers should be prepared for potential updates, but it also places the home in a more established part of the community. A thoughtful perspective is that while its city-wide rankings for size and value are modest, its local dominance within Marlton and on its own street indicates it might be a standout, larger unit in a community of smaller homes, offering relative space and privacy that isn't apparent from the raw square footage alone.

Section 2: Frequently Asked Questions

1. Is there a basement or additional storage?
No, the listing specifies there is no basement. This emphasizes the need to consider the utility of the 884 sqft main floor layout and explore alternative storage solutions.

2. What do the ranking percentages actually mean for a buyer?
They show how this property compares to others in three areas: its street, the wider Marlton community, and all of Winnipeg. For example, ranking in the top 1% for size on its street means it is larger than 99% of its immediate neighbors, a significant local advantage even if its city-wide size ranking is lower.

3. The home is nearly 50 years old. What should I be mindful of?
Key systems like the roof, windows, plumbing, and electrical may be at or beyond their typical lifespan and could require inspection or future investment. This is a typical consideration for homes of this vintage.

4. There’s no garage listed. What are the parking options?
The listing confirms there is no garage. Buyers should inquire about on-site driveway parking, dedicated parking pads, or street parking permits to understand the practical parking situation.

5. How does the 2017 sale price relate to today’s asking price?
The 2017 sale price of $145,000 provides historical context, but the current assessed value of $167,000 is a more relevant benchmark for today’s market value, as determined by municipal assessment. The eventual listing price will reflect current market conditions.