Property Overview

This 832 sqft home, built in 1977 and located at 9-409 Oakdale Drive in Winnipeg's Marlton area, presents a straightforward and affordable entry point into the market. Its key appeal lies in its proven value stability and efficient footprint. Having sold for $167,000 in March 2022, closely aligned with its current assessed value, it suggests a market-tested price point. The home ranks exceptionally high for its lot size within its immediate community and across Winnipeg, indicating it offers more outdoor space than the vast majority of comparable properties—a notable advantage for a home of this size.

It would suit first-time buyers seeking a manageable, low-maintenance starter home without a condo fee, or investors looking for a practical rental property with a stable valuation history. The very high rankings for lot size also offer subtle potential for future expansion or landscaping, which is rare for homes in this price segment.

Frequently Asked Questions

1. What does the high "lot size" ranking actually mean?
While the specific land area isn't listed, ranking in the top 1% locally and top 0% city-wide for lot size means this property has a larger yard or land parcel than nearly every other comparable home. For a modestly sized house, this provides valuable outdoor space.

2. The home seems small at 832 sqft. Is it a good value?
The value is reflected in its recent sale history and assessment, which are consistent. The high lot size ranking adds significant value not captured by square footage alone, offering a balance of compact living with above-average outdoor space.

3. Are there any major concerns given its age?
Built in 1977, the home is nearly 50 years old. Prospective buyers should prioritize a thorough inspection focusing on aging core components like the roof, windows, and major systems, which may be due for updates or replacement.

4. Why did it sell twice in a short period (2020 and 2022)?
The two recent sales could indicate a successful investor flip, a change in owner circumstances, or simply active turnover in an affordable market segment. The $31,000 increase in sale price over that period aligns with broader market trends of the time.

5. What are the implications of having no garage or basement?
The lack of a basement and garage means all living and storage must be accommodated within the 832 sqft footprint. This requires efficient use of space but also eliminates the maintenance and moisture concerns associated with basements in Winnipeg. Secure off-street parking and shed or storage solutions would be important considerations.