413 Oakdale Drive

Property Overview: 413 Oakdale Drive

This two-storey home in Winnipeg's Marlton neighbourhood presents a distinctive offering centered on substantial space and land. Built in 1961, its primary appeal lies not in being new, but in providing exceptional room to grow on a massive, nearly half-acre lot (19,496 sqft). With over 3,300 sqft of finished living space, including a developed basement, it ranks in the top 1-3% of homes in Winnipeg for size. The property features a combination attached/detached garage setup, adding practical utility. Its value proposition is clear: you are acquiring significant square footage and one of the larger private lots available in the city, which is reflected in its assessment and past sale price.

The home suits buyers who prioritize space and potential over turn-key modernity. It's an ideal canvas for a large or multi-generational family, a hobbyist or gardener who treasures extensive outdoor space, or a visionary buyer comfortable with updating a solid, well-built structure from the 1960s to suit contemporary tastes. While the neighbourhood rankings for the building's age are average, its rankings for lot size, living area, and value are exceptional, indicating you pay for tangible assets—land and interior volume—rather than recent renovations.

Key Questions for Consideration

1. What does the "combination attached/detached garage" mean?
This typically indicates a garage that is connected to the house (attached) but may also have an additional separate bay or structure (detached), offering flexible space for vehicles, storage, or a workshop.

2. The house was built in 1961. What should I be aware of?
While systems like roofing, plumbing, and electrical may have been updated over the decades, a home of this age warrants a thorough inspection. The potential for original features (like solid construction materials) is a plus, but budgeting for modernizations should be part of your planning.

3. How does such a large lot impact maintenance?
The nearly half-acre property is a major asset but requires considerable upkeep—lawn care, gardening, snow removal, and general landscaping will be more time-consuming and potentially costly than for a standard lot. It's perfect for those who enjoy outdoor work or desire privacy.

4. The home ranks in the top 1% for size but lower for age. What's the trade-off?
You are trading the modern layout and immediate updates of a newer home for significantly more interior and exterior space. The value is in the generous proportions and the rare lot size, offering privacy and potential that is increasingly hard to find.

5. What is the significance of the high assessment and past sale value rankings?
Ranking in the top 3-5% of Winnipeg for assessed and past sale value confirms this is a premium-priced property within the market. It underscores that the size and land are highly valued assets, and the price reflects that established premium rather than speculative future development.