243 Oakdale Drive

Property Overview: 243 Oakdale Drive, Winnipeg

Key Characteristics & Appeal

This is a spacious, well-established family home in the Marlton area, built in 1961. Its primary appeal lies in its generous scale and land. The residence offers over 2,100 square feet of living space, placing it in the top tier of homes locally, and sits on an exceptionally large, half-acre lot (21,817 sqft) that ranks in the top 1% for size in Winnipeg. The property features a one-and-a-half-storey layout and an attached garage.

The home suits buyers looking for ample indoor and outdoor room to grow, entertain, or simply enjoy privacy. It’s ideal for families who value space over a brand-new build, or for those with long-term vision who see the potential in a mature property on a premier-sized lot. A thoughtful perspective is that while the house itself is older, its superior lot size is a permanent and increasingly rare asset that offers future possibilities, from gardening to expansion, which cannot be replicated in newer subdivisions. The strong assessment value, outperforming most of the city, underscores its solid fundamental worth in the market.

Frequently Asked Questions

1. What does "One & 1/2 Storey" mean for the layout?
Typically, this style features main living areas on the ground floor, with additional bedrooms or finished space in the upper level, often under sloped ceilings. It combines the convenience of a bungalow with the added space of a second floor.

2. How should I interpret the competitive rankings provided?
The rankings show how this property compares to others in its immediate area and citywide. For example, its lot size is exceptionally rare (top 1%), while its living space is also very spacious (top 8% in Winnipeg). These metrics highlight its standout features at a glance.

3. The house was built in 1961. What should I budget for maintenance or updates?
While systems and structure should be thoroughly inspected, buyers should anticipate that a home of this age may require updates to mechanical systems (like plumbing or electrical), windows, or insulation to meet modern efficiency standards, alongside any cosmetic renovations.

4. Is the high assessed value a good indicator of the selling price?
The assessed value for taxation ($526,000) is a strong indicator of municipal valuation and general market standing, often reflecting the property's assets like lot size and square footage. However, the final sale price is determined by the current market, condition, and buyer demand.

5. What are the advantages and considerations of such a large lot?
The half-acre lot offers unparalleled privacy, space for recreation, gardens, or future additions like a shed or deck. Considerations include the associated maintenance (lawn care, snow clearing) and potentially higher property taxes due to the land value.