Property Overview
This 1,846 sqft home, built in 1987 on a generous 6,916 sqft lot at 270 Foxmeadow Drive, presents a compelling opportunity in Winnipeg's Linden Woods neighbourhood. Its appeal lies in a balanced profile that offers space and established character without the premium of a brand-new build. The lot size is notably larger than most on the street, providing excellent outdoor potential. While the living area is comfortably above the city average, its assessed value sits below the neighbourhood average, suggesting a value proposition within this desirable area. It would suit buyers looking for a mature property with room to grow, whether that's for gardening, expansion, or simply more private outdoor space, and who appreciate a home that offers solid citywide value within a well-regarded community.
Key Questions & Considerations
1. How does this home’s value compare within Linden Woods?
The home’s assessed value is in the top 91% for the neighbourhood, meaning it is below the area's average. This could indicate a potentially more accessible entry point into Linden Woods or reflect the home’s specific condition or features relative to others.
2. What does the lot size mean for a buyer?
With a lot size ranking in the top 7% on its own street, the property offers significantly more land than many immediate neighbours. This is a key advantage for privacy, landscaping, adding a deck or patio, or future expansion.
3. Is the living space typical for the area?
At 1,846 sqft, the living area is around the average for Linden Woods but above the citywide average. It offers a sizeable footprint that fits the neighbourhood norm, suitable for a family without being overly large.
4. What might the sold price history indicate?
The home sold between $550k-$600k in 2022. Comparing this to the current $540k assessed value requires context on market changes and specific property conditions, but it provides a recent benchmark for its market value.
5. Who might this property appeal to most?
It’s well-suited for a buyer prioritizing lot size over a brand-new home. The above-average citywide metrics on space and value, combined with a below-average neighbourhood assessment, create a profile for a practical buyer seeking established community benefits with room to personalize.