Property Overview & Appeal
127 Wallingford Crescent is a well-established home in Winnipeg's Linden Woods neighbourhood, built in 1986. Its key appeal lies in its generous, above-average lot size of just under 7,910 square feet, offering more outdoor space than most homes on its street and across the city. The living area of 1,726 sq. ft. is comfortably sized, ranking above average citywide but more modest compared to other homes in Linden Woods. This creates an interesting value proposition: you're acquiring a prime, larger lot in a desirable area, with a house that has room for updates or expansion.
The property suits practical buyers who prioritize land and location over a turn-key, modern interior. It’s an ideal fit for those looking to put their own stamp on a home, whether through renovations, landscaping, or future additions. The above-average citywide assessed value suggests solid underlying value for Winnipeg, while its lower assessment relative to the immediate neighbourhood indicates a potential value opportunity for the right buyer.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living space is slightly below the average for Linden Woods but is larger than the typical Winnipeg home. The standout feature is the lot, which is significantly larger than most on the street and in the city.
2. What does the assessed value tell me about this property?
Its assessed value is below average for both Wallingford Crescent and Linden Woods, which may reflect the home’s age and condition relative to neighbours. However, it ranks in the top 12% citywide, indicating the lot and location carry substantial value within the broader Winnipeg market.
3. The home was built in 1986. What should I consider?
A home of this age may require updates to major systems like roofing, windows, or HVAC. This presents both a consideration for immediate budgeting and an opportunity to modernize efficiently without the constraints of a much older structure.
4. The last sale was between $600k-$650k in 2022. How is that useful?
This recent price point provides a concrete market benchmark from just a few years ago, helping to gauge current value and understand the property’s trajectory in a changing market.
5. Who would this property not suit?
It may not be the best fit for buyers seeking a move-in-ready home with contemporary finishes and no planned projects. It’s better suited to those who see potential in the generous lot and are comfortable with the process of updating or renovating.