298 Oakdale Drive

Property Overview

This 2010-built, single-storey home in Marlton offers a rare combination of spacious land and modern construction. Its primary appeal lies in its exceptionally large, 26,483 sqft lot, which places it in the top 1% of all properties in Winnipeg for land size. The home itself is a comfortable 1,729 sqft bungalow with an unfinished basement and an attached garage, representing a solid, modern footprint. Its high assessment value ranking suggests it is viewed as a premium property within its context.

The property is ideally suited for buyers who prioritize land over finished square footage. It's a perfect canvas for someone wanting room for gardens, recreational space, or future additions like a workshop or large deck. The modern build year means major systems are relatively new, appealing to those seeking a home with less immediate maintenance worry. It would also suit a buyer looking for a bungalow layout with significant expansion potential, as the unfinished basement offers a straightforward opportunity to customize additional living space.

Key Questions for Consideration

1. What does the high land ranking practically mean for me?
   Beyond bragging rights, it signifies exceptional privacy and space for a city property. It offers flexibility for landscaping, outdoor living, and future projects that simply aren't possible on standard lots.

2. The basement is unfinished. What should I consider?
   This is both a cost and an opportunity. You'll need to budget to finish it to your taste, but you also avoid paying a premium for someone else's layout choices and can create the exact space you need, ensuring it's up to current standards.

3. The home ranks very high for land but lower for living area size. What's the trade-off?
   You are investing significantly in the land itself. The living space is adequate but not expansive. The value proposition here is the potential of the property overall, not necessarily a large finished interior relative to the price.

4. How does the modern build year (2010) benefit a buyer?
   Homes from this era typically benefit from updated building codes, more efficient insulation and windows, and younger major components like the roof, furnace, and water heater, which can mean lower immediate repair costs and better energy efficiency.

5. What might the high assessed value indicate?
   While not a direct market price, a consistently high assessment relative to neighbors often reflects the municipality's view of the property's underlying value, particularly its land component. It's a data point that suggests a strong foundational value in the area.