Property Overview: 486 Oakland Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1958 home in Rossmere-A presents a solid, middle-of-the-road opportunity in the Winnipeg market. With 1,056 sqft of living space on a 5,277 sqft lot, it sits comfortably within the averages for its immediate street, neighborhood, and the wider city. Its assessed value of $317k is notably below the Winnipeg citywide average for comparable homes, suggesting a potentially accessible entry point.

The primary appeal lies in its stability and predictability. It’s not an outlier in any category, which can be an advantage for buyers seeking a home that aligns with community norms without unexpected extremes. It suits first-time buyers or downsizers looking for a manageable, established property in a neighborhood of similar homes. A thoughtful perspective is that its "average" rankings across the board indicate a lower risk of overpaying relative to the immediate area, offering a pragmatic, value-conscious purchase rather than a speculative one.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to its neighbors?
At 1,056 sqft, the living area is slightly above the average for Oakland Avenue itself, ranking in the top 28% on the street. However, it is very close to the average for the broader Rossmere-A neighborhood.

2. Is the assessed value typical for this area?
Yes. The $317k assessment is around the average for both Oakland Avenue and the Rossmere-A neighborhood. It is meaningfully below the citywide average for similar homes, which is over $390k.

3. What is the recent sales history?
Public data indicates it sold between $300k and $350k in January 2024. The exact sale price can be requested directly from the site.

4. How does the lot size compare?
The 5,277 sqft lot is typical for Oakland Avenue and Rossmere-A. It is moderately smaller than the average lot across Winnipeg, which is common for many established city neighborhoods.

5. The home was built in 1958. Is that older than most in the area?
On Oakland Avenue, 1958 is the exact average year built. In the wider Rossmere-A neighborhood, it is slightly older than the average (1964), but it is consistent with a large segment of Winnipeg's housing stock from this era.