Property Summary: 70 Linden Park Bay, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens presents a compelling blend of space, established character, and relative value. Its primary strength is its generous 1,754 sqft of living area, which ranks in the top 5% for its immediate street and top 19% both neighbourhood-wide and across Winnipeg. This substantial size is paired with a renovated basement, adding functional living space. Built in 1987, the home is notably newer than many on its street and city-wide averages, suggesting potentially fewer immediate concerns related to aging infrastructure. The attached garage and a standard residential lot size round out the practical features.
The appeal lies in its position as a well-above-average sized home in a mature neighbourhood, offering more interior space than most comparable properties. It suits buyers who prioritize roominess over a brand-new build, such as growing families needing the extra bedrooms or living areas, or value-conscious purchasers looking for a "more house" within a specific budget. A thoughtful perspective is that its higher assessed value relative to its street indicates it's already recognized as a premium property on the block, which can be a stability factor. However, it appeals to those comfortable with a home that may require personal updates to decor and systems, as is typical for a house of this era.
Frequently Asked Questions
1. How does the sold price history work?
The listed sold price is a range based on available public data. To obtain the exact historical sale price, you can request it via email. This manual process ensures accuracy and typically receives a reply by the end of the same business day.
2. Is the living space configuration typical for a 1987 two-storey?
While the total square footage is generous, the layout may reflect late-80s designs. Prospective buyers should consider if the room sizes and flow match modern expectations, as the space, while ample, might be divided differently than in a newer open-concept build.
3. What does the "Elite" or "Top X%" ranking mean for me?
These rankings compare this specific property against similar homes on its street, in Inkster Gardens, and across Winnipeg. For example, ranking in the top 5% for living area on its street means it is larger than 95% of comparable homes nearby, a key indicator of its standout feature.
4. The assessed value seems low compared to typical Winnipeg sale prices. Why?
Manitoba uses a market value-based assessment system, but the assessed value (here $47,400) is not the market price. It is used for calculating property taxes. The actual market value and sale price are typically significantly higher, as hinted at by the city-wide comparable assessed value average of $390k noted in the data.
5. Are the nearby listed properties direct comparisons?
The listed nearby addresses (e.g., 66, 74 Linden Park Bay) are close in proximity for location context. The "similar assessed value" properties are financial comparables from other neighbourhoods, useful for tax assessment perspective but not necessarily direct style or condition comparisons.