Property Overview: 250 Foxmeadow Drive, Linden Woods
Key Characteristics & Appeal
This 1,548 sqft bungalow, built in 1987 on a 5,572 sqft lot, presents a compelling mix of value and location within Winnipeg's desirable Linden Woods neighbourhood. Its primary appeal lies in its strong assessed value relative to its size, suggesting a well-maintained or updated home in a sought-after area. While the living space is modest for the immediate street and neighbourhood—ranking below the local averages—it stands above the city-wide average, indicating you're getting more house here than in many parts of Winnipeg for the price.
The property suits two main types of buyers: first, those seeking entry into a premium neighbourhood like Linden Woods who are willing to trade some square footage for location and value. Second, it appeals to downsizers or empty-nesters looking for a manageable single-level layout in a mature, established community with larger lot potential than newer subdivisions. A thoughtful perspective is that this home may offer a "value anchor" on a street of larger properties, providing stability and access to community amenities without the premium of the biggest homes on the block.
Frequently Asked Questions
1. How does the property's value compare to its last sale?
The home sold between $550k-$600k in 2021. Its current assessed value of $577,000 suggests it has held its value steadily in the intervening years.
2. Is the lot size a disadvantage?
While the lot is below average for Linden Woods, it is near the city-wide average. It may require less maintenance than larger lots in the area, which could be a benefit for some buyers.
3. What does the "above average" city-wide ranking for living area mean?
It means that, compared to all homes across Winnipeg, this house offers more living space than most. This highlights the value of its size when viewed outside the lens of its immediate, higher-end neighbourhood.
4. How can I find out the exact historical sold prices?
The exact sold prices are not publicly displayed. You can request them directly via the provided email service on the listing page, which manually provides the accurate figures.
5. Are homes on this street similar in age and style?
Yes. With a year built ranking in the top 17% on its own street, this home is actually one of the newer homes on Foxmeadow Drive, indicating a street of consistent vintage and likely similar architectural character.