Property Overview
This home at 323 Lindenwood Drive W in Winnipeg’s Linden Woods neighbourhood presents a specific value proposition. Built in 1988, it sits on a roughly 6,363 sqft lot, which is a comfortable, average size for the street and area. The 1,753 sqft living area is modest compared to other homes on Lindenwood Drive and within Linden Woods itself, placing it in the lower third for size in this immediate context. However, this perspective shifts when viewed city-wide, where both its lot and living space are above the Winnipeg average. The assessed value follows a similar pattern: it is below the average for the immediate area but ranks highly compared to the entire city. This creates an interesting dynamic—it’s a more compact home in a well-established, desirable neighbourhood.
The appeal here is largely about location and land. It offers entry into a sought-after community at a relative value point, likely appealing to buyers who prioritize neighbourhood prestige and lot potential over sheer interior square footage. It would suit downsizers seeking a manageable home in a prime area, or value-conscious buyers and investors who see the underlying lot and location as the primary assets, with the home itself representing a future renovation or redevelopment opportunity. It’s less suited for those needing ample, move-in-ready space for a large family.
Frequently Asked Questions
Is this house small for the neighbourhood?
Yes, relatively. At 1,753 sqft, its living area is below the average for both Lindenwood Drive and the broader Linden Woods area, meaning most immediate neighbours have larger homes.
Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value includes all property types across Winnipeg. The figure shown for this home is notably higher than the city average, indicating it holds significant value. The comparison showing it as “below average” is specifically against its peers in the Linden Woods area, where property values are generally higher.
What does the sold price history indicate?
Public records show it last sold between $350k and $400k in 2016. For an accurate, exact sold price, you can request it via email from the listing service.
How does the lot size compare?
The 6,363 sqft lot is fairly typical for the street and area, and is actually larger than the average lot across the entire city, offering good outdoor space.
Who would this property be best for?
It’s a strategic purchase. It best fits buyers who value the Linden Woods address and are comfortable with a home that may require updates or who see the lot itself as a long-term asset. It could also appeal to those looking to downsize within the neighbourhood without leaving the community.