Property Summary: 31 Ossington Court, Linden Woods, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 31 Ossington Court presents a compelling profile defined by its context. Built in 1997, it is one of the newer homes on its street and within the sought-after Linden Woods neighbourhood. With 1,820 sqft of living space, it offers a comfortable size that is above the Winnipeg citywide average, though it is more modest compared to some larger homes directly on Ossington Court. The lot size of over 7,250 sqft is generous by city standards, providing ample outdoor space.
The appeal lies in its position within a premium community. The home’s assessed value is notably strong, ranking in the top tier citywide, which underscores the enduring value of Linden Woods as a whole. This suggests a property that is a solid, long-term investment in a stable area. It would suit buyers seeking a well-established neighbourhood with good schools and amenities, who may prioritize location and lot size over having the largest house on the block. It’s an opportunity to enter a high-demand area in a home that offers modern construction (for its era) and room to grow, potentially appealing to young families or downsizers who still want space but not the maintenance of an older property.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
While its living area is below the average for Ossington Court itself, it is larger than the typical Winnipeg home. This indicates a quiet, established street with generally larger properties, where this home offers a more manageable footprint.
2. What does the "Elite" citywide ranking for assessed value mean?
This means the home’s assessed value is in the top 4% of all Winnipeg properties. It primarily reflects the premium associated with the Linden Woods neighbourhood, rather than an exceptionally high assessment for the street itself.
3. The home sold between $550k-$600k in 2020. What factors influence its value today?
The previous sale price is a historical marker. Current value would be influenced by market trends, the home’s condition, updates made since 2020, and its continued strong positioning within the neighbourhood’s desirable context.
4. Is the lot size typical for Linden Woods?
At just over 7,250 sqft, the lot is slightly above the neighbourhood average. It is a significant size compared to many city lots, offering good privacy and yard space.
5. Why is the year built (1997) considered an advantage?
Homes from the late 1990s often benefit from modern construction standards and layouts while being past the initial settling period. On this street, it means the home is newer than most of its immediate neighbours, potentially implying fewer major system updates in the near term compared to an older home.