Property Overview: 641 Oakland Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 1959-built home in Rossmere-A presents a practical opportunity in Winnipeg's housing market. Its key characteristic is balance: with 936 sqft of living space, it is a compact, manageable bungalow sitting on a slightly larger-than-average lot for its street (5,866 sqft). The municipal tax assessment of approximately $320,000 aligns closely with neighborhood averages, suggesting a stable, mid-range value proposition.

The appeal lies in its efficiency and potential. The smaller living footprint translates to lower utility costs and less maintenance, while the generous lot offers valuable outdoor space for gardening, play, or future expansion—a notable advantage over many newer properties. It suits first-time buyers seeking an affordable entry into the market, downsizers looking to reduce upkeep without sacrificing yard space, or value-focused investors interested in a stable rental property. A thoughtful perspective is that its 1959 build date is actually newer than most on its specific street, indicating it may be among the more recent homes in that immediate block, which can sometimes correlate with updated infrastructure.

Section 2: Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 936 sqft, the living area is below the average for the street, neighborhood, and city. This indicates a more compact, efficient layout suitable for those prioritizing lower maintenance and cost over spaciousness.

2. Is the tax assessment value a good indicator of the market price?
The assessment ($320,000) is very close to the street and neighborhood averages. It serves as a reliable baseline for municipal taxation but should be considered alongside recent sale prices, property condition, and current market trends for an accurate market value.

3. What does the 1959 build year imply?
Built in 1959, this home is typical of Winnipeg's post-war construction boom. It may feature classic design elements and materials of that era. Prospective buyers should budget for a thorough inspection to understand the condition of aging components like plumbing, electrical, and the roof.

4. What are the advantages of the lot size?
At 5,866 sqft, the lot is larger than most on Oakland Avenue. This provides more private outdoor space than typical for the area and could allow for additions like a shed, deck, or garage, subject to local zoning regulations.

5. Where can I find accurate historical sale price data?
The listing notes that precise sale data is not publicly displayed due to industry restrictions. It directs interested parties to contact the site directly via email to request that information, which they provide manually. The page does reference a sale in late 2020 in the $250,000-$300,000 range for context.