262 Oakdale Drive

Property Overview & Key Characteristics

This 1987-built, four-level split home in Marlton offers a compelling blend of space, established charm, and a generous lot. Its key appeal lies in its above-average footprint—nearly 2,000 sqft of living space on a large, approximately 13,226 sqft lot—providing room to grow both inside and out. The home ranks highly within Winnipeg for its lot and living area size, placing it in the top tiers for space. Its unfinished basement presents a clear opportunity for future customization and added value.

The property suits buyers looking for a solid, spacious family home in an established neighborhood, who appreciate having a blank canvas in the basement to finish according to their own needs and timeline. It also appeals to those who value outdoor space for gardening, play, or future projects. A less obvious angle is its appeal to value-conscious buyers seeking a home with "good bones" in a mature area, where the significant lot size offers a sense of privacy and potential that is harder to find in newer subdivisions.

Frequently Asked Questions

1. What are the advantages of a four-level split layout?
This style typically offers good separation of living and sleeping areas, often creating distinct zones for entertainment, family time, and private quarters, which can be ideal for family living.

2. What does the lot size ranking actually mean?
The data indicates this property's lot is larger than 97% of all residential lots in Winnipeg, highlighting an unusually generous outdoor space for the city, which is a major long-term asset.

3. The house was built in 1987. Are there any major concerns with homes from this era?
While generally built with robust methods, a key focus for any home of this age should be on the condition of major systems like the roof, windows, and heating, which may be nearing or past their typical lifespans and should be verified during an inspection.

4. How significant is having an unfinished basement?
This is a major opportunity. It allows you to design and finish the space to your exact specifications (e.g., a recreation room, home office, or additional bedroom) without needing to undo previous work, though it requires planning and investment.

5. The home ranks very high for size but lower for assessed value in its immediate area. What does this suggest?
This can indicate that the property offers more square footage and land for the price compared to its neighbors, potentially representing good value. It may also reflect the unfinished state of the basement, which is not factored into finished living area calculations.