424 Oakdale Drive

Property Summary: 424 Oakdale Drive

Key Characteristics & Appeal

This 1985-built, single-story home sits on a large, nearly 6,000 sqft lot in the Marlton area. Its key features include a fully finished basement and a modest 1,040 sqft of living space. The home’s primary appeal lies in its balance of established community character and relative value. While the interior size is average for the area, the property ranks highly for its newer construction date compared to most homes in Winnipeg and its generous lot size, offering potential for outdoor enjoyment or future expansion. There is no garage or pool.

It would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature neighbourhood. The finished basement adds valuable flexible space for a growing family, a home office, or a recreation room. A thoughtful buyer might see the large lot as a long-term asset—a rarity in newer subdivisions—and appreciate that the home, while not recently built, is younger than a significant majority of houses in the city, potentially suggesting fewer major age-related updates in the immediate future.

Frequently Asked Questions

1. How does the lot size compare to typical properties?
At 5,995 sqft, the lot is notably larger than many in Winnipeg, ranking very high within its immediate community and street. This is a standout feature for outdoor space and privacy.

2. What does the "relative ranking" data mean for the build year?
The data indicates this 1985 home is newer than approximately 68% of all houses in Winnipeg. In its specific neighbourhood and street, it ranks in the top 15-10%, meaning it is one of the more recently built homes in the area.

3. Is the living space sufficient for a family?
With 1,040 sqft above grade plus a finished basement, the home offers functional space. It is close to the median size for the area. The single-story layout may be efficient for some, but families should consider if the bedroom and common area sizes meet their specific needs.

4. Why is there a difference between the assessed value and list price rankings?
The assessed value ranking is lower than the build year ranking, suggesting that while the structure is relatively newer, its official valuation is more moderate compared to other properties. This can sometimes indicate an opportunity, but it's essential to understand current market conditions and the home's specific condition.

5. What are the implications of not having a garage?
Buyers should factor in the cost and feasibility of adding on-street parking or constructing a garage or carport in the future. The large lot does provide space for such an addition, subject to local bylaws and permits.