Property Overview & Key Characteristics
This home at 159 Lindenwood Drive W in Winnipeg's Linden Woods neighbourhood presents a specific and compelling value proposition. Its key appeal lies in its position as a more modestly-sized property within a well-regarded area. At 1,501 sqft, the living space is notably below the average for both Lindenwood Drive and the broader Linden Woods area, but it stands above the city-wide average. This creates an opportunity for buyers seeking entry into the neighbourhood without the footprint or price tag of its larger homes. The lot size is generous and above the Winnipeg average, offering good outdoor space.
The home, built in 1986, is of average age for the street and neighbourhood. Its assessed value is modest for the area but ranks highly city-wide, indicating a strong fundamental value in a desirable location. It last sold in the 2020-2021 period. This property would ideally suit first-time buyers or downsizers looking for Linden Woods amenities and community, but who prioritize a manageable home size and lot. It’s also a practical option for investors seeking a property in a stable, high-demand neighbourhood.
Frequently Asked Questions
1. Is this a "starter home" for the Linden Woods area?
Effectively, yes. Its living area is significantly smaller than the neighbourhood average, which often translates to a more accessible price point for gaining entry into this sought-after community.
2. How does the lot size compare?
The lot is approximately 6,679 sqft, which is fairly typical for the street but is actually above the average lot size across the entire city of Winnipeg, a less obvious advantage.
3. What does the assessed value tell us?
The assessed value is around average for the immediate street but ranks in the top 10% city-wide. This suggests you are paying for the premium location within Winnipeg, rather than an exceptionally large or updated house.
4. The home sold around 2020-2021. What does that mean for today's price?
The exact sold price from that period is available upon request. That sale establishes a historical baseline, but current market conditions, any updates made since then, and demand will determine the present listing and sale price.
5. Who would this property not suit?
Buyers looking for a large, modern, turn-key home typical of Linden Woods may find the living space below their expectations. It's better suited for those comfortable with a home of average age and size who value the location above sheer square footage.