Property Overview: 2 Lindenwood Place, Linden Woods
Key Characteristics & Appeal
This home is a study in contrasts, offering a compelling mix of space, location, and value. Built in 1984, its key appeal lies in its generous 7,728 sqft lot, which is notably larger than most in the immediate area and across Winnipeg, providing ample outdoor space and potential. The living area of 1,866 sqft is comfortably sized, ranking above average city-wide, though it is more modest compared to some neighbouring homes in Linden Woods.
Its primary draw is its position in the well-established, family-friendly Linden Woods neighbourhood. The property’s assessed value is significantly below average for the street and area, which can indicate a different valuation approach or present an opportunity for buyers focused on land value and location over a modernized interior. This profile suits practical buyers looking for a solid family home in a prime neighbourhood, who value a large yard and are possibly willing to undertake updates. It also appeals to those who see the underlying value in a lot size that is increasingly rare, offering long-term potential in a mature community.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
While the exact methodology isn't public, a lower assessment often reflects the property's older construction date (1984) and its interior condition relative to updated homes on the street. It primarily affects municipal taxes, not necessarily market value.
2. How does the living space compare to a typical Winnipeg home?
At 1,866 sqft, it is genuinely spacious by city-wide standards, ranking in the top 15%. In the Linden Woods context, however, it is slightly below the area average, offering a comfortable but not oversized footprint.
3. What is the significance of the large lot size?
The 7,728 sqft lot is a standout feature, ranking in the top 17% on the street. This is a substantial asset, providing greater privacy, room for gardens or play, and future expansion potential that is hard to find in newer subdivisions.
4. What was the last sale price?
Public data indicates a sale between $400,000 and $450,000 in 2016. For the precise sale price, you can request the exact figure via email from the listing source.
5. Is the home older than others in the area?
Yes. Built in 1984, it is older than many homes in Linden Woods, where area averages lean toward 1990-1992. This suggests it may benefit from updates but also comes with the established landscaping and character of an older property in the neighbourhood.