156 Oakdean Boulevard – Property Summary

Key Characteristics & Buyer Profile

This 1,279 sqft home sits on a 5,999 sqft lot in Winnipeg’s Woodhaven neighbourhood. Built in 1947, it's one of the older homes on the street—ranking in the bottom 2% for age locally—and the lot is notably smaller than most nearby properties (bottom 7% on Oakdean Boulevard). The assessed value is $371,000, which is slightly below the neighbourhood average of $422,000 but within striking distance of the street median.

The appeal here is subtle. You're getting into a well-established area for a below-average price, likely because the house itself dates back to the post-war era and doesn't come with a sprawling yard. That smaller lot could be a genuine advantage for buyers who want less maintenance but still want a detached home in a mature neighbourhood. The living area, while a touch under the citywide average, is competitive on the street itself.

Who this suits: Practical buyers who aren't chasing square footage or a huge yard—first-time homeowners looking for an affordable entry into an older, stable area, or downsizers who want a manageable property. It would also appeal to someone interested in a renovation project in a location where the land value (at $371k) leaves some room for sweat equity, provided they're comfortable with a compact lot and older construction.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
On Oakdean Boulevard, this home's assessed value of $371,000 ranks 34th out of 89 properties (top 38%), meaning it's slightly below the street average of $376,100. In the wider Woodhaven neighbourhood, it sits around the middle (top 52%). So it's priced competitively for the area—not a steal, but not overreaching either, given the smaller lot and older build.

2. Is the lot size a dealbreaker?
It depends on your priorities. At 5,999 sqft, it's well below the street average of 7,804 sqft and far below the neighbourhood average (9,926 sqft). That means less gardening, less snow clearing, and less outdoor space. For some buyers that's a plus; for others it's a limitation. Worth noting: citywide, a lot this size is actually in the top 32%, so it's not tiny by broader Winnipeg standards.

3. What does "around average" mean in the ranking system?
The rankings compare this property against "comparable homes" within the same scope—street, neighbourhood, and city. "Around average" means it falls in the middle tier (typically between the 30th and 70th percentile). The fill colour on the bar (red, blue, amber, or gray) indicates performance relative to peers. Here, the living area and assessed value are mid-range, while year built and land area are below average.

4. The house was built in 1947—should I expect maintenance issues?
Older homes often have solid bones but may need updates to electrical, plumbing, insulation, or the foundation. At 77 years old, it's wise to budget for a thorough home inspection, especially if you're considering a renovation. On the plus side, the street and neighbourhood have a mix of older homes (average year built is 1955 locally), so you're not the only one dealing with vintage construction—there's likely a local network of trades familiar with the era.

5. How does this property compare to the citywide stats?
Citywide, the home ranks in the top 43% for living area, top 47% for assessed value, top 76% for age (older than 76% of comparable homes), and top 32% for lot size. So relative to all of Winnipeg, the lot is actually decent-sized, the house is a bit smaller than average, and the price is middle-of-the-pack. The main outlier is age—it's firmly in the older quarter of city homes, which aligns with the character of the Woodhaven area.