Property Overview
This home at 122 Duncan Norrie Drive in Linden Woods presents a compelling blend of established neighbourhood character and relative value. Built in 1996, it offers nearly 1,900 sqft of living space on a 6,247 sqft lot. Its primary appeal lies in its positioning: while the home is fairly typical for its immediate street and the Linden Woods area in terms of size and age, it stands out significantly when viewed city-wide. Compared to the Winnipeg average, it offers above-average living space and a much newer build year on a larger-than-typical lot. The assessed value further highlights this dynamic, ranking within the top 5% city-wide, suggesting a strong valuation foundation relative to the broader market.
The property would suit buyers looking for a home in a mature, desirable neighbourhood without the premium price tag of a newer or fully renovated property. It’s ideal for someone who sees potential in a solid, late-90s build and values lot size and location over having the most modern finishes on the block. A thoughtful perspective is that this home offers the Linden Woods lifestyle—access to good schools, parks, and amenities—at what appears to be a more accessible entry point within the area, making it a strategic choice for long-term value growth in a stable community.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The assessed value is below average for Duncan Norrie Drive itself but is around the middle range for the broader Linden Woods area. This indicates you may be getting more house and land for your money compared to the immediate street, while still being in line with the neighbourhood.
2. What does the sold price history from 2017 indicate?
The home sold for an estimated $450k-$500k in 2017. While not a current market price, this historical data shows a strong value at that time, ranking in the top tier for the street and area, providing context for its appreciation trajectory.
3. Is the lot size a benefit?
Yes. At over 6,200 sqft, the lot is above the city-wide average. On this street and in Linden Woods, it’s around the typical size, meaning you get the standard spacious feel of the area without compromising on yard space.
4. Who might this property not suit?
Buyers seeking a move-in-ready home with contemporary, high-end finishes or the very largest floor plan on the street may need to budget for updates. Its appeal is rooted in its solid fundamentals and location rather than in being a standout showpiece.
5. Why is the city-wide comparison so favourable?
Winnipeg has many older homes on smaller lots. A 1996-built home of this size on a large lot is less common across the entire city, which is why its metrics rank in the top 5-26% city-wide for key features like assessed value, living area, and lot size.