Property Overview
This home at 16-30 Victor Lewis Drive in Linden Woods presents a compelling opportunity in a well-regarded neighbourhood. Built in 1993, it stands out for its above-average living space (1,210 sq ft) and a notably higher assessed value compared to most peers on its street, in the area, and across Winnipeg. This suggests a property that has been well-maintained or updated, offering more substance than many comparable listings. Its last known sale was between $300k-$350k in 2020.
The appeal here lies in securing a spacious home in a mature, established area without the premium often attached to brand-new builds. It suits practical buyers who value solid square footage and a proven neighbourhood over a flashy renovation project. It could be an ideal fit for a young family seeking space to grow, or for downsizers looking for a manageable yet roomy layout without leaving a desirable community. A less obvious perspective is its potential as a strategic purchase: its consistently high rankings in assessed value indicate it's viewed as a substantial asset, which can be a stabilizing factor in market fluctuations.
Frequently Asked Questions
1. What does the "above average" assessed value really mean?
The assessed value of $39,700 is significantly higher than the average for similar homes on the street, in Linden Woods, and citywide. This typically reflects factors like lot desirability, property condition, improvements, or its specific location within the area, as assessed for municipal tax purposes.
2. How does the 1993 build year affect the home?
A home from 1993 is likely past its major initial systems warranties but is also from an era of modern building standards. Key components like the roof, windows, and major mechanical systems (furnace, water heater) may be approaching or due for replacement, which is an important consideration for maintenance budgeting.
3. The sold price is shown as a range. How can I get the exact figure?
The exact sale price from 2020 is not publicly displayed due to data licensing. You can request it directly via the "Get exact sold price history" form on the listing page. The service provider commits to sending the accurate figure manually, usually by the end of the same day, without using your email for marketing.
4. The home is listed with several properties at the same address (e.g., 15-30, 17-30). What is this?
This indicates a multi-unit building, such as a townhouse or condominium complex, where multiple residences share the same street number with different unit identifiers. It's important to review the condo or strata corporation's financial health, bylaws, and fee structure.
5. How useful are the ranking comparisons?
The rankings provide quick, relative context. For example, being in the "Top 18%" for assessed value on its street means it's valued more highly than 82% of its immediate neighbours. This helps gauge how the property stacks up in terms of size, value, and age against very specific peer groups.