416 Oakdale Drive

Property Overview: 416 Oakdale Drive, Winnipeg

Key Characteristics & Appeal

This 1983-built, one-storey home in Marlton offers a practical and comfortable layout with 1,214 sqft of living space on a generous, nearly 6,000 sqft lot. Its key features include a fully finished basement and an attached garage. The appeal lies in its established neighbourhood setting and its strong relative value within the broader Winnipeg market. The property ranks notably well for its lot size, newer age compared to many area homes, and assessed value, positioning it above the majority of city-wide properties in these categories.

It would suit first-time buyers or downsizers seeking a manageable single-level layout without a major renovation project, as the basement already provides extra finished space. The large lot is a significant asset for those who value outdoor privacy and space for gardening or recreation, offering more potential than many newer subdivisions. A thoughtful perspective is that while the home's interior size is modest, its above-average lot size and strong assessment rankings suggest a property with underlying "land value" and stability in its market segment, which may appeal to the value-conscious buyer.

Frequently Asked Questions

1. How does the age of the home (1983) affect it?
Built 43 years ago, this home is newer than the majority in its immediate area and across Winnipeg. This typically suggests potentially fewer immediate major repairs than with an older home, but a buyer should still expect maintenance consistent with its age, such as updates to roofing, windows, or mechanical systems.

2. What do the ranking percentages actually mean?
They show how this property compares to others in its area. For example, ranking in the "top 35%" for assessed value in Winnipeg means about 65% of city homes have a lower assessed value. This indicates the property is viewed as above-average in value by the assessor, not necessarily its market price.

3. Is the finished basement included in the 1,214 sqft living area?
No, the 1,214 sqft refers to the above-ground living area. The fully finished basement provides additional, separate space, which is a key functional benefit not reflected in the main square footage figure.

4. Who might this property not suit?
It may not suit buyers looking for a brand-new, modern build without any update projects, or those requiring a very large main-floor living area. The interior size is practical but not expansive.

5. Why is the lot size highlighted as a key feature?
At 5,995 sqft, the lot is significantly larger than many standard urban lots. This provides valuable extra outdoor space, greater distance from neighbours, and future potential (like additions or landscaping) that is often scarce and highly valued in established neighbourhoods.