Property Overview: 27 Royal York Drive, Linden Woods
Section 1: Key Characteristics & Appeal
This home at 27 Royal York Drive presents a compelling mix of established neighbourhood charm and solid value. Built in 1985, it sits on a generously sized lot that is above average for both its immediate street and the city overall, offering ample outdoor space. With approximately 1,806 sqft of living area, the home provides practical, family-sized space that is very typical for the desirable Linden Woods area.
The primary appeal lies in its strong value positioning. The home’s assessed value ranks highly compared to most of Winnipeg, suggesting a well-regarded property from a municipal valuation perspective. This is reinforced by its sale history, showing significant appreciation between 2021 and 2022. It suits buyers looking for a established, stable neighbourhood with room to grow. It would particularly resonate with those who prioritize lot size over a brand-new build, and who see the value in a home that has already demonstrated substantial market growth. A less obvious perspective is that, while the home is older than many on its street, its above-average citywide ranking for year built highlights the mature nature of Winnipeg’s housing stock, positioning this as a relatively standard-age home in the broader market.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in Linden Woods?
At 1,806 sqft, the living area is very close to the average for similar homes in the Linden Woods neighbourhood, making it a typical and competitive size for the area.
2. The home was built in 1985. Is that a concern?
While it is older than many houses on Royal York Drive, it is actually newer than the average home across the entire City of Winnipeg. This suggests potential for updates, but the core structure is from an established period of construction in a mature neighbourhood.
3. What does the high assessed value ranking mean?
The home’s assessed value is in the top 8% on its street and top 6% citywide compared to similar properties. This generally indicates the municipal tax assessment views it as a higher-value property, which can be a positive signal, though property taxes will be relative to that assessment.
4. How stable has the property’s value been?
Public sale price data indicates a notable increase in value between its 2021 and 2022 sales, suggesting strong market momentum during that period. For precise historical sold prices, you can request the exact figures via email from the site.
5. Is the lot size a significant feature?
Yes. The lot of 6,830 sqft is above average for the street and significantly larger than the average city lot for comparable homes. This is a key asset, providing more outdoor space than many properties.