Property Overview & Key Characteristics
This two-storey home in Linden Woods is defined by its generous 6,392 sqft lot and a renovated basement, offering a solid foundation for family living. Its appeal lies in a balance of space and established neighbourhood charm. The living area of over 2,000 sqft is notably above average for Winnipeg, providing ample room. While the home itself is from 1984, the lot size and living space rank very well against most local comparisons, suggesting a property that feels more spacious than many in the area. The last sale in mid-2022 at $570k provides a recent benchmark.
This home would suit a buyer looking for a established, roomy property in a desirable neighbourhood without needing a modern build. It’s ideal for those who value a large yard and have perhaps considered a renovation or expansion down the line, given the renovated basement is already complete. It may also appeal to value-conscious buyers comparing newer, smaller lots to this older, more generous parcel of land.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. The more relevant figure is the 2022 sale price of $570k, which serves as a recent market benchmark, though current conditions will determine today's value.
2. The home was built in 1984. What should I be aware of?
While the basement has been renovated, a home of this age will have original major components, like the roof, windows, and mechanical systems (furnace, plumbing). Their condition and remaining lifespan should be a key part of a professional inspection.
3. There's no garage. Is that common, and what are the options?
Several homes on the street and in the area also lack garages, so it's not uncommon for this pocket of Linden Woods. Buyers should consider the cost and feasibility of adding a garage or carport, subject to local bylaws, or be comfortable with driveway parking.
4. The lot is large, but how does the house itself compare to the neighbourhood?
The living area is above average for both the street and Winnipeg overall, meaning the house itself has good interior space. The lot size is a standout feature, offering potential for outdoor enjoyment, gardening, or future expansion where permissible.
5. What do the "Top X%" rankings mean?
These rankings compare this specific property against others on its street, in Linden Woods, and across all of Winnipeg for metrics like lot size, year built, and living area. For example, its lot size ranks in the top 24% city-wide, meaning it's larger than 76% of Winnipeg lots, which is a significant advantage.