Property Overview: 15 Princemere Road, Linden Woods
Key Characteristics & Appeal
This home is a well-established property in the desirable Linden Woods neighbourhood, built in 1986. With over 2,200 square feet of living space, it offers ample room and sits on a generous lot of approximately 7,350 square feet. Its primary appeal lies in its strong value positioning. The assessed value of $780,000 places it in the top 10% of Linden Woods and an elite top 2% city-wide, suggesting a premium property relative to the broader Winnipeg market. While the living area is fairly typical for its immediate street, the home's value assessment significantly outpaces the city average, indicating factors like lot size, location, finishes, or upgrades that are highly valued.
This property would best suit buyers looking for a solid, upper-tier home in a sought-after family neighbourhood without venturing into the ultra-luxury price bracket. It’s ideal for those who appreciate space and established communities, and who recognize the value in a home that stands out significantly in terms of assessed worth compared to most of the city. A thoughtful perspective is that while the house itself is of a common size for the area, its elite city-wide valuation could offer a compelling argument for long-term value retention and equity building.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
Its assessed value is in the top 9% on Princemere Road (ranked 2nd out of 23 homes), meaning it is considered one of the more valuable properties on the street itself.
2. Is the lot size a disadvantage?
While the lot is below the street average, it is still above the average for both Linden Woods and Winnipeg overall. It provides substantial outdoor space, just slightly less than some direct neighbours.
3. What does the "Elite" city-wide assessment ranking mean?
Ranking in the top 2% of all Winnipeg homes for assessed value means this property is valued higher than 98% of homes in the city. This highlights its premium market position beyond just its neighbourhood.
4. The home was last sold between 2016-2025. Can I find out the exact price?
The exact sold price is not publicly listed. The listing service offers to provide this precise historical sale data manually via email upon request, at no cost and without marketing spam.
5. How does the year built affect this property?
Built in 1986, the home is older than the average Winnipeg house but is typical for its street. This suggests a mature property likely with established landscaping, possibly with renovations over time, and buyers should factor in potential updates consistent with a home of this age.