Property Overview: 22 Wallingford Crescent, Linden Woods
Section 1: Key Characteristics & Appeal
This well-established home on Wallingford Crescent presents a compelling opportunity in Winnipeg's desirable Linden Woods neighbourhood. Built in 1985, the property sits on a generous 6,779 sqft lot and offers a spacious 2,073 sqft of living area. The data reveals its primary appeal: it provides above-average space both inside and out compared to the typical Winnipeg home, while being positioned in a prime, family-oriented community.
Its appeal lies in a balanced value proposition. While the home's assessed value is modest relative to others in Linden Woods, it has consistently sold at a significant premium to that assessment, indicating strong market demand for homes in this location. This suggests buyers are paying for the lot, the neighbourhood, and the potential of the structure itself. It would particularly suit a buyer looking for a solid foundation in a top-tier neighbourhood—someone who values space and location and may be planning updates or renovations over time. It’s a property for those who see value beyond the immediate finishes, appreciating the established streetscape and the larger-than-city-average living footprint.
Section 2: Frequently Asked Questions
1. Why is there such a large gap between the assessed value and recent sold prices?
This is common for older homes in sought-after neighbourhoods. The assessment is primarily for municipal tax purposes and may not fully capture the market value of the land location, the community amenities, and the buyer demand for Linden Woods. The sold prices reflect what buyers are actually willing to pay for this combination.
2. How does this home compare to others on the street and in Linden Woods?
The home offers more living space than most on its own street and is on a lot that is typical for the area. Its year built is older than many in the wider Linden Woods area, but its overall size and lot dimensions hold their own when compared to the city as a whole.
3. What does the sold price history indicate?
The property has appreciated between its 2020 and 2023 sales, demonstrating steady growth. The price ranges show it consistently sells well above the city-wide average, underscoring the premium associated with the Linden Woods address.
4. Is the age of the home (1985) a concern?
The home is from a period of solid construction in Winnipeg. Its age is above average for the street but typical for many city homes. A key consideration will be the state of major systems (roof, windows, furnace) which may be due for updates or replacement, factored into the pricing.
5. Who would be the most likely buyer for this property?
The profile fits growing families or move-up buyers seeking space and community amenities like parks and schools. It also appeals to value-conscious buyers targeting a premium neighbourhood who are comfortable with a home that may require modernizing, seeing it as an opportunity to add personal value over time.