Property Overview: 186 Shoreline Drive, Linden Woods
Key Characteristics & Appeal
This home presents a compelling mix of space, location, and value within Winnipeg’s desirable Linden Woods neighbourhood. Built in 1999, it is notably newer than most homes in the immediate area and across the city, suggesting potentially fewer major upkeep concerns compared to older stock. With 2,112 sqft of living area, it offers above-average space citywide, though it is on the more modest side for Shoreline Drive itself. The lot size of 6,925 sqft is generous by city standards but is one of the smaller properties on its street, which typically feature larger estates.
Its primary appeal lies in its strong value proposition within an elite neighbourhood. The assessed value is in the top 3% citywide, yet it ranks lower on its own street, indicating you are buying into a premium area at a relatively accessible point. Recent sold price data shows significant appreciation. This property would suit practical upsizers seeking a modern, spacious family home in a top-tier community without the premium for the largest lot on the block. It’s also a smart entry into Linden Woods for those prioritizing the neighbourhood’s amenities and reputation over having the biggest property in the immediate row.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While it’s one of the smaller lots on Shoreline Drive, it remains larger than the Winnipeg average. This often translates to less yard maintenance while still providing good outdoor space. The trade-off is a more efficient property within a prestigious location.
2. How does the home’s age affect its value?
Being built in 1999 is a key advantage. It is newer than most comparable homes in Linden Woods and significantly newer than the city’s average, which typically means more modern construction standards and systems, potentially deferring major renovation costs.
3. The assessed value seems high citywide but lower on the street. What does this mean?
This highlights the neighbourhood’s premium. You are purchasing a property considered elite in value across Winnipeg, but positioned on a street where many homes are worth even more. This can be seen as an opportunity to enter a high-value area.
4. What does the sold price history indicate?
The home sold previously in 2020 and again in 2024, with the price range increasing by approximately $100k in that period. This indicates strong market demand and appreciation for this type of property in the location.
5. Who would this home not suit?
Buyers seeking the largest, most expansive estate on the street or those wanting a brand-new build may find it less ideal. It’s best suited for those who value the Linden Woods community and a modern, spacious home over having the absolute maximum lot size in the vicinity.