Property Overview: 347 Lindenwood Drive W, Linden Woods
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition within Winnipeg's desirable Linden Woods neighbourhood. Its key characteristic is a strong city-wide value: while its 1,685 sqft living area is modest for the immediate street and area, it ranks well above the Winnipeg average. This suggests you are acquiring a home of above-average size for the broader market, but within a premium neighbourhood. The lot, at just over 6,000 sqft, follows a similar pattern—manageable for maintenance but still generous by city standards.
The appeal lies in this balance. It offers entry into a well-regarded community without the premium typically attached to the largest homes on the biggest lots. The 1988 build date places it in a stable, established period for the area. Recent sale history indicates significant appreciation between 2021 and 2023, reflecting strong demand.
This property would suit practical buyers seeking neighbourhood over sheer square footage. It’s ideal for smaller families, professionals, or downsizers who want the Linden Woods address, community amenities, and school catchment, but prefer a more manageable property scale and a potentially attractive price-per-square-foot ratio compared to neighbouring mega-homes.
Section 2: Frequently Asked Questions
1. Is the living space too small for the area?
While below the Linden Woods average, the home is still a full-sized, detached house. The "below average" ranking here speaks more to the abundance of very large homes in the neighbourhood than to any deficiency. For many, the space is ample and efficient.
2. What does the assessed value indicate?
The assessed value is a municipal figure for tax purposes and is notably lower than recent sale prices. This is common. The more relevant metric is its ranking: it's around average for the street and area, confirming it's a typical property for this zone, not an outlier.
3. How should I interpret the sold price history?
The data shows a sharp increase between the 2021 and 2023 sales. This aligns with broader market trends during that period. It underscores the property's marketability but also suggests the current seller may have significant equity, which could influence negotiation flexibility.
4. Are there any concerns with a 1988-built home?
Homes from this era are generally modern in layout and systems. However, it is now 38 years old, so a thorough inspection is crucial to assess the condition of major components like the roof, windows, HVAC, and plumbing, which may be nearing or past their typical lifespans.
5. How does the lot size impact future potential?
At 6,078 sqft, the lot is perfectly sized for a family garden and outdoor space but may have limitations for major expansions like a large rear addition or a sprawling deck, depending on setback bylaws. It offers low-maintenance appeal compared to larger lots on the street.