289 Oakdale Drive

Property Overview & Key Characteristics

This two-storey home on Oakdale Drive presents a compelling opportunity centered on space and established value. Its primary appeal lies in the exceptional combination of a large, 2,800 sqft living area and an expansive, private lot of nearly an acre (42,187 sqft), both ranking in the top tier for the Marlton community and Winnipeg overall. The property features a finished basement and an attached garage, built in 1984, offering a solid, move-in-ready canvas. Its high assessment value ranking suggests it is a well-regarded asset in the area.

The home is ideally suited for buyers who prioritize indoor and outdoor space over brand-new construction. It would fit a growing family seeking room to spread out, or anyone valuing significant yard space for gardens, recreation, or future projects. The strong rankings across metrics indicate a property that is both a comfortable family home and a historically competitive investment within its locale. A thoughtful perspective is that while the home is 42 years old, its superior rankings for size and value against newer homes speak to the enduring quality and desirability of its fundamental offering: substantial space in a mature setting.

Frequently Asked Questions

1. What does the "ranking" data mean?
The rankings show how this property compares to others in its immediate street, the wider Marlton community, and all of Winnipeg. For example, being in the "top 1%" for lot size in Winnipeg means its land area is larger than 99% of other properties, highlighting its standout feature.

2. Is the lot size typical for the area?
No. With just over 42,000 sqft, this lot is exceptionally large for Marlton and Winnipeg, placing it in the top 1-2% of properties. This offers a level of privacy and outdoor potential rare in the city.

3. The house was built in 1984. Should I be concerned about major updates?
While the core structure is 42 years old, the high assessment value ranking suggests it has been maintained well relative to the market. A thorough inspection is always advised, but the data indicates it remains a competitive and valuable property compared to both older and newer homes.

4. Who would this property not suit?
It may not be ideal for buyers seeking a modern, low-maintenance home or a recently built property, as some updates may be desired. The size of the home and yard also implies a commitment to upkeep and utility costs commensurate with the space.

5. How does the assessment value relate to the asking price?
The municipal assessment of $729,000 is a tax valuation and a strong market indicator, but not a direct sale price. Its ranking in the top 3% citywide confirms the property's high market value, though the final sale price will be determined by current market conditions and buyer demand.