305 Oakdale Drive

Property Overview: 305 Oakdale Drive

Section 1: Key Characteristics & Appeal

This is a spacious, well-established family home in the Marlton area, built in 1991. Its primary appeal lies in its generous, half-acre lot (over 25,000 sqft), a rarity that offers exceptional outdoor space and privacy within the city. The home itself is a practical one-storey layout with 1,701 sqft of living space and a finished basement, providing ample room for daily living and growth. The property ranks in the top tier of Winnipeg homes for lot size, assessed value, and relative newness for its neighborhood, indicating a strong, premium position in the market.

Its appeal is for buyers seeking a long-term family home with room to breathe, garden, or play, without sacrificing the convenience of city living. It would particularly suit those who value space over a brand-new build, appreciate mature landscaping, and want a home with proven stability in a sought-after community. A less obvious perspective is the home’s age: at 35 years, major systems and components may be nearing their update cycle, which is a consideration but also represents an opportunity for a buyer to customize updates to their own taste over time.

Section 2: Frequently Asked Questions

1. What does the high ranking in assessed value actually mean?
It means the municipal property assessment for this home is higher than 94% of all homes in Winnipeg. This generally reflects a combination of its large lot, size, and desirable location, but it is not a direct market valuation.

2. Is the finished basement included in the 1,701 sqft living area?
Typically, the main living area (1,701 sqft) and the finished basement are listed separately. The 1,701 sqft refers to the above-grade footprint of the one-storey home, with the basement providing additional, finished space.

3. What are the potential implications of such a large lot?
While offering immense privacy and space, a lot of this size requires more maintenance (lawn care, gardening, snow clearing) and may come with higher associated costs for landscaping or fencing projects.

4. The home is newer than 92% of houses on its street. What’s the neighborhood like?
This suggests Marlton is a mature, established neighborhood where this 1991 home is among the more recent constructions. Buyers can expect well-settled streetscapes with mature trees, but the housing stock will be primarily from earlier decades.

5. What is meant by a “one-storey” building type with a basement?
This describes a bungalow-style home where all primary living spaces (kitchen, living room, bedrooms) are on one level at grade. The “finished basement” refers to a lower level, partially or fully below ground, that has been developed into livable rooms such as a rec room, office, or additional bedrooms.