Property Overview: 131 Lindmere Drive, Linden Woods
Key Characteristics & Appeal
This well-situated home at 131 Lindmere Drive is a solid, mid-sized property in the desirable Linden Woods neighbourhood. Built in 2003, it offers modern construction while being established within a mature community. With 1,634 sqft of living space and a 5,364 sqft lot, the home provides practical family-scale accommodation.
Its primary appeal lies in its balanced positioning. Within Linden Woods, the property is notably newer than most (ranking in the top 5% for year built), offering contemporary infrastructure without the premium of a brand-new build. The home last sold in the $600k-$650k range in 2022, indicating strong market interest. While the lot size is slightly more compact compared to some in the area, this often translates to less maintenance. The assessed value is consistently above average city-wide, suggesting a sound investment in a stable market.
This property would best suit buyers seeking a move-in ready home in a top-tier neighbourhood without venturing into the luxury price bracket. It’s ideal for young families or professionals who value Linden Woods’ amenities, schools, and community feel, and who prefer a home that doesn’t require major updates. It also represents a prudent choice for those who see value in a property that is newer than the vast majority of Winnipeg’s housing stock, potentially offering fewer immediate repair concerns.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very representative of Lindmere Drive. Its living area, assessed value, and year built are all around the street average, meaning it fits seamlessly into the streetscape without being an outlier in size or value.
2. Is the lot size a disadvantage?
While the lot is below the Linden Woods average, it is near the city-wide average. This can be an advantage for buyers seeking a manageable yard with less upkeep, while still providing private outdoor space. The home itself offers above-average living area for Winnipeg, prioritizing interior space.
3. The home sold recently in 2022. What does that indicate?
The sale within the last few years suggests the property is likely in good, modern condition and may have seen recent updates. It also provides a clear, recent benchmark for its market value, offering transparency for current pricing.
4. Why is the "year built" ranking so different between the street and the neighbourhood?
This highlights Linden Woods' established nature. The street is uniformly newer (average built in 2003), but the neighbourhood as a whole includes many older homes. This makes 131 Lindmere part of a newer pocket within the community, which is a key point of appeal.
5. What is the significance of the city-wide rankings?
They provide crucial context. While the home is average for its immediate area, it ranks well above average across Winnipeg for living space, assessed value, and year built. This underscores the value of the Linden Woods address and the property’s relative modernity compared to the broader city market.