Property Overview: 217 Lindenwood Drive E, Linden Woods, Winnipeg
Key Characteristics & Buyer Appeal
This home is a study in established, above-average value within a desirable neighbourhood. Built in 1987, it offers a generous 2,020 sqft of living space on a 6,709 sqft lot, placing it comfortably above the Winnipeg city-wide average for size. Its appeal lies in its solid positioning: within the sought-after Linden Woods area, it represents a home that is not an outlier but a well-proportioned, typical offering for the street and community. This makes it a predictable and stable investment in a mature neighbourhood with proven desirability.
The data suggests it would suit practical buyers looking for space and location over a modern or project-ready home. It’s ideal for a family seeking established community amenities, good schools, and a generous yard without venturing into newer, premium-priced subdivisions. A thoughtful perspective is that while it ranks around the middle for its immediate street in several metrics, its city-wide rankings are strong—highlighting that you’re buying into an area where the baseline standard is high. The 2016 sale price range indicates significant market appreciation since then, pointing to the area's enduring strength.
Frequently Asked Questions
1. How does this home truly compare to others in Linden Woods?
The home is consistently "around average" for the Linden Woods area in size, lot, and assessed value. This means it’s a representative, not a standout, property for the neighbourhood—offering the community’s benefits without a premium for unique features.
2. What does the "above average" city-wide ranking mean?
While the home is typical for Linden Woods, its living area and lot size rank within the top 20% of all Winnipeg homes. This underscores that you are purchasing in a neighbourhood where even an average property offers more space than most across the city.
3. Is the assessed value the same as the market value?
No. The assessed value (approximately $61,600) is for municipal tax purposes. The likely market value is significantly higher, as indicated by the 2016 sale price range of $500k-$550k and nearly a decade of market growth since.
4. How can I find out the exact historical sale prices?
The exact sold prices are not publicly listed. The listing service offers to provide this information manually via email, with a commitment to reply by the end of the same day without using your details for marketing.
5. What are the potential considerations with a 1987-built home?
As a home approaching 40 years old, buyers should budget for updates to major aging components like the roof, windows, and mechanical systems (furnace, water heater). The interior likely reflects late-80s/early-90s design, so cosmetic updates may be desired to modernize finishes.