Property Overview & Key Characteristics
This home at 27 Lindenwood Place in Winnipeg's Linden Woods neighbourhood presents a compelling mix of space, location, and value. Its primary appeal lies in its generous proportions, both in the 2,326 sqft living area and the notably large 8,535 sqft lot, which ranks in the top 9% for size on its own street. While built in 1985, its assessed value and living space are consistently above average for the immediate area and rank within the elite tier (top 5%) when compared city-wide. This suggests a property that offers more substantial space than most Winnipeg homes, within a sought-after established neighbourhood. The home last sold in the $650k-$700k range in 2022.
It would suit buyers looking for established character and larger lot sizes that are harder to find in newer subdivisions. It's ideal for those who prioritize indoor and outdoor space over a brand-new build, and who see value in a home that stands out in size compared to most of the city. The data indicates it's a property for someone comfortable with a home of its era, likely valuing the mature landscaping and neighbourhood stability that comes with it.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it excels in space. Its living area is in the top 25% on its street and its lot size is in the top 9%, meaning you're getting more land than over 90% of your immediate neighbours. While its 1985 build date is older than many on the street, its overall size and assessed value hold strong against newer constructions.
2. The assessed value seems low compared to the past sale price. Why?
Municipal assessed value for taxation purposes often lags behind market sale prices and uses a different valuation method. The $64.60k assessment is a benchmark for taxes, not an indicator of current market value, which is better reflected in the 2022 sale range of $650k-$700k.
3. What are the less obvious trade-offs with a home from 1985?
The upside is a larger, established lot and mature neighbourhood feel. The consideration is that some major components (like roof, windows, HVAC) may be nearing or past their typical lifespan, so a thorough inspection is key. However, its above-average city-wide ranking for year built suggests it's newer than most Winnipeg homes overall.
4. How current and reliable is the sold price information?
The provided sale price is a range based on public data from 2016-2025. The listing notes that to obtain the exact, verified sold price, you must request it via email from the service, as they manually confirm this information.
5. What does its "elite" city-wide ranking really mean?
When compared to all Winnipeg homes, this property ranks in the top 5% for living area and assessed value. This underscores that it offers a level of space and valuation that is uncommon across the broader market, anchoring its appeal beyond just the Linden Woods area.