Property Overview
22 Wingate Court is a well-situated family home in Winnipeg's desirable Linden Woods neighbourhood. Built in 2001, it offers 1,660 sqft of living space on a 4,518 sqft lot. The home presents a compelling value proposition, with an assessed value notably lower than many immediate neighbours, suggesting potential for those comfortable with updates. Its appeal lies in securing a home in a mature, sought-after area without the premium price tag of newer or larger lots on the same street. This property would suit first-time buyers moving into the neighbourhood, value-conscious families seeking established community amenities, or investors looking at long-term appreciation in a stable area. A thoughtful perspective is that while the lot is smaller than others on the court, this can mean less maintenance, and its above-average citywide living space ranking indicates efficient, family-friendly use of the footprint.
Frequently Asked Questions
1. How does the lot size compare?
The 4,518 sqft lot is the smallest on Wingate Court, but is near the citywide average. This typically means a smaller yard to maintain while still providing private outdoor space.
2. What does the assessed value indicate?
Its assessed value is below average for both the street and Linden Woods, but above average citywide. This often reflects the premium of the neighbourhood itself, while suggesting the home may be priced accessibly within that context, possibly due to factors like the lot size or condition relative to neighbours.
3. Is the home’s size practical for a family?
At 1,660 sqft, the living area is near the average for the street and is above the citywide average. This generally provides ample space for a typical family, with efficient layout being a key factor.
4. What can recent sale history tell us?
The home sold between $550k-$600k in 2022 and $400k-$450k in 2019. The 2022 sale price was well above the street average at that time, indicating strong buyer demand for the location, even for a property with a smaller lot.
5. Who would this home not suit?
Buyers prioritizing a large, expansive yard or those seeking a home with top-tier finishes at the highest end of the Linden Woods market may find better options. It’s best for those who value location and community over maximum lot size.