14 Oakfield Place

Property Overview: 14 Oakfield Place

Key Characteristics, Appeal & Ideal Buyer

This is a spacious, well-established two-storey home in the Marlton area of Winnipeg, built in 1983. Its primary appeal lies in its generous scale and mature setting. With over 3,200 square feet of living space on a large 8,674 sqft lot, it ranks in the top 1% of homes in the community for size. The property features a finished basement and an attached garage. Its value is underscored by a current assessed value of $821,000, which places it in the top 10% of its street and top 4% of the Marlton community.

The home’s appeal is multifaceted. For buyers seeking space, it offers significant room both inside and out, a rarity that provides long-term flexibility. Its strong rankings in assessed value and past sale price (last sold for $710,000 in 2022) suggest it is a substantial property within its market. The appeal is likely more about solid, established comfort and space rather than modern luxury, given its age. This property would ideally suit a growing or multi-generational family needing ample indoor and outdoor space, or a buyer looking for a home with a proven, stable footprint in a mature neighbourhood, who may be willing to update interiors over time.

Frequently Asked Questions

1. What is the neighbourhood like?
Marlton is a established, family-oriented community in Winnipeg. The property’s high rankings within the community for size and value indicate it is among the larger, more substantial homes in the area.

2. What should I know about the home’s condition?
Built in 1983, the home is over 40 years old. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or mechanical systems, which is typical for a home of this vintage.

3. Why is the assessed value higher than the 2022 sale price?
The current assessment is $821,000, while it last sold for $710,000 in late 2022. This difference can reflect market changes, specific terms of the prior sale, or municipal assessment methodologies. It highlights the importance of a current market evaluation.

4. How does the finished basement add value?
The finished basement significantly increases the usable living area, providing flexible space for recreation, a home office, or guest quarters, which is a major asset in a family home.

5. Is the lot size a significant feature?
Yes. At 8,674 sqft, the lot is substantially larger than average. This offers exceptional outdoor space for gardening, play, or future additions like a deck or patio, and contributes greatly to the property’s privacy and character.