Property Overview: 253 Deer Run Drive, Linden Woods
Key Characteristics & Appeal
This home at 253 Deer Run Drive presents a compelling blend of value and location within Winnipeg’s desirable Linden Woods neighbourhood. With 1,413 sqft of living space, it is a more modestly sized home for the immediate street and area, which typically feature larger properties. This positions it as a potentially more accessible entry point into the community. The lot size of 5,706 sqft is generous for the street but slightly below the neighbourhood average, offering manageable outdoor space.
Its standout characteristic is its age. Built in 2001, it is one of the newest homes on Deer Run Drive, suggesting modern construction standards and potentially fewer immediate major maintenance concerns compared to older stock. The assessed value is notably above the Winnipeg city-wide average, reflecting the premium associated with the Linden Woods area, yet it sits below the averages for both the street and the neighbourhood itself. This creates an interesting value proposition: you are acquiring a relatively modern home in a top-tier area at an assessed value that is competitive within that context.
The home would suit first-time buyers or downsizers seeking established, family-friendly neighbourhoods without the footprint or price tag of a larger estate home. It’s also a practical choice for those who prioritize newer builds and are willing to trade square footage for location and modern infrastructure.
Frequently Asked Questions
1. Is this a good value for Linden Woods?
The data suggests it is a competitive option. While the living space is below the area average, the home is newer than most and has an assessed value that is also below the neighbourhood average. This indicates you may be paying less for the location and modern build, accepting a smaller floor plan.
2. What does the sold price history tell us?
The home sold between $550,000 and $600,000 in 2023. This sale price significantly exceeded its assessed value at the time, which is common in high-demand neighbourhoods. It demonstrates strong market appetite for Linden Woods properties.
3. How does the lot size compare?
At 5,706 sqft, the lot is above average for Deer Run Drive but below the broader Linden Woods average. This means you likely have ample yard space compared to your direct neighbours, though some homes in the wider area sit on larger plots.
4. Why is the city-wide comparison for assessed value so different?
The home’s assessed value is in the top 12% city-wide. This starkly highlights the premium property values in Linden Woods compared to the rest of Winnipeg. It confirms you are buying into one of the city’s higher-value markets.
5. Who might this property not suit?
Buyers seeking a large, expansive family home with substantial square footage and a maximized lot for the area may find this property too compact. It’s better suited for those who value neighbourhood and modern construction over sheer size.