11-409 Oakdale Drive

Property Overview

This 676 sqft home, built in 1977, is a compact and efficient property in Winnipeg's Marlton area. Its primary appeal lies in its exceptional value and competitive positioning within its immediate surroundings. While modest in size and assessment value, it ranks in the top tier for its lot size relative to the street, neighborhood, and entire city, suggesting a well-situated parcel. The home is older but ranks as newer than many peers on its street. It suits first-time buyers, investors, or downsizers seeking an affordable entry point into the market with a property that has strong fundamental standings in its locale. It's a practical choice for those prioritizing location potential and land value over square footage or modern finishes.

Key Details & FAQs

• What are the exact rankings based on? The rankings compare this property to others on the same street, in the Marlton community, and across all of Winnipeg for specific metrics like lot size, age, and assessed value.
• What does the high lot size ranking mean? Ranking in the top 1% for lot size on its street and top 0% in its community indicates the property sits on a larger parcel than nearly all nearby homes, which can be a advantage for privacy, outdoor space, or future expansion.
• Is the home recently updated? The provided details do not specify renovations. The building age is 1977, so prospective buyers should inquire about the condition of major systems like roof, windows, and mechanicals.
• What does the assessment value indicate? With an assessed value ranking in the lower percentile, the municipal tax assessment is relatively low. This often translates to lower property taxes, but the sale price is determined by the market.
• Are there any garages or a basement? The listing specifies there is no garage and no basement. All living space is on the main level, which may appeal to those seeking single-level living or wishing to avoid basement maintenance.