143 Oakdean Boulevard – Property Summary

Key Characteristics & Buyer Suitability

This property is a 1955 home with 1,223 square feet of living space on a notably large 11,230-square-foot lot. The living area is slightly below both the street and neighbourhood averages, but the assessed value of $420,000 is above average for the street and competitive citywide. The standout feature is the land: the lot ranks in the top 2% on Oakdean Boulevard and the top 4% across Winnipeg. Most homes on this street sit on roughly 7,800 square feet, and the citywide median is just 6,570—so this lot offers nearly double the typical space.

The appeal here isn’t a move-in-ready, maximized interior. It’s the rare combination of a well-located, modestly sized home on a property that gives you room to expand, garden, build a shop, or simply enjoy privacy without leaving the city. Buyers who value outdoor space or development potential over polished square footage will see the value. It would suit someone looking for a long-term property where they can put down roots, renovate or add on, and benefit from land scarcity over time. Investors or homeowners interested in infill potential may also find it attractive, though the current living area won’t suit those wanting a large house immediately.

Frequently Asked Questions

1. How does the living area compare to other homes in Woodhaven?
The living area is around average for the neighbourhood, ranking in the top 68%. At 1,223 square feet, it’s slightly smaller than the Woodhaven average of 1,505 square feet, but well within the typical range for the area.

2. Is the assessed value of $420,000 a fair price for this property?
The assessed value is above average for Oakdean Boulevard, where the typical home is valued at $376,100, and close to the neighbourhood average of $422,000. Citywide, it sits in the top 34% of comparable homes. The large lot likely drives the higher street-level valuation.

3. What does the “Top 2%” land ranking actually mean?
It means only two out of 89 comparable homes on the street have a larger lot. Citywide, the lot is in the top 4%—so this is an exceptionally large property for its location. If you’re comparing to typical Winnipeg lots, you’re getting about 70% more land than average.

4. Is this a good property for future development or additions?
The large lot offers obvious potential for an addition, garage, laneway suite, or subdivision, depending on zoning. The home itself is from 1955, so it may need updates, but the land gives you flexibility that more tightly packed properties don’t. Check local bylaws before assuming what’s possible.

5. How does the year built affect the property’s condition or value?
The home was built in 1955, which is typical for the street and neighbourhood. Many homes in Woodhaven are from the same era, so you’re not dealing with an outlier. Expect systems and finishes that reflect the age—foundation, windows, and mechanicals should be reviewed carefully. The land value, however, tends to appreciate independently of the house’s age in markets like Winnipeg.