Property Overview: 344 Lindenwood Drive E, Linden Woods
Section 1: Key Characteristics & Appeal
This well-established home on a generous 7,554 sqft lot in Linden Woods offers above-average space and a premium assessed value. With 2,172 sqft of living area, it provides ample room for a growing family. Built in 1990, the home is situated in a mature neighbourhood with a stable, desirable character.
The primary appeal lies in its strong positional value. The property ranks in the elite top 5% for assessed value on its own street and top 3% citywide, indicating it is considered a premium asset compared to many Winnipeg homes. It sits on a larger-than-average lot for the area, offering valuable outdoor space and potential. Recent sale history suggests steady appreciation.
This home would best suit buyers looking for a solid, established property in a sought-after neighbourhood who value space and long-term investment stability over a brand-new build. It’s ideal for those who appreciate a mature streetscape and a lot with room for gardens, play, or future expansion.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the municipal property assessment for this home is significantly higher than most homes in Winnipeg and on its street. This often reflects a combination of lot size, location, home size, and quality, and can be a marker of a premium property, though it is not a direct market valuation.
2. Is a 1990-built home a concern?
While not new, a 1990 build is above the citywide average. It places the home in an era of modern standards, but buyers should budget for potential updates to major systems (like roofing, windows, or HVAC) that are nearing a typical lifespan, and consider a thorough inspection.
3. How does the lot size benefit me?
At over 7,500 sqft, the lot is notably larger than the city average. This provides more privacy, space for recreational activities, gardening, or the potential for additions like a deck or shed. It’s a key feature that adds long-term value and livability.
4. The last sale was in 2022. Should I be concerned about rapid turnover?
Not necessarily. The 2022 sale falls within a period of significant market movement. The more telling point is the apparent value gain from its previous 2019 sale, indicating the property has held and increased its worth well.
5. How can I find out the exact past sale prices?
The listing service provides estimated price ranges from public data. For precise historical sale figures, you must request them directly via the provided email link, as exact sale prices are not publicly displayed in Manitoba’s property records.