Property Overview: 364 Lindenwood Drive E, Linden Woods, Winnipeg
Key Characteristics & Appeal
This home is a well-established property in the desirable Linden Woods neighbourhood, built in 1992. Its primary appeal lies in its generous proportions and prime lot. With 2,157 sqft of living space, it offers above-average roominess for Winnipeg overall. The standout feature is the land: an 8,729 sqft lot that ranks in the top 7% on its own street and top 13% within Linden Woods, providing exceptional outdoor space and potential in a mature area.
The home presents a balanced, grounded value proposition. Its assessed value is around the average for its immediate area, suggesting it is priced consistently within a sought-after community. This isn't a flashy, top-tier property by local street standards, but rather a solid home that gains significant stature when viewed city-wide. It would perfectly suit a buyer looking for a established family neighbourhood who prioritizes a larger, private yard over having the newest or most extensively renovated home on the block. It’s ideal for those who see value in space and location, and who may be comfortable with a home that could benefit from personal updates over time.
Frequently Asked Questions
1. How does this home’s value compare to others in Linden Woods?
The assessed value is around the neighbourhood average (top 58%). This indicates it is priced accessibly within this popular area, potentially offering a more attainable entry point into Linden Woods without sacrificing lot size.
2. What does the lot size ranking actually mean for me?
Ranking in the top 7% on the street for land area means this property has one of the larger lots on Lindenwood Drive E. This translates to more privacy, greater potential for landscaping, gardening, or additions, and a general feeling of space that is uncommon in newer subdivisions.
3. The home was last sold in 2017. What can we infer from that?
A sale within the last decade suggests the current owners have likely undertaken some period of occupancy and maintenance. It’s less likely to be a long-held estate sale or a very recent flip, pointing to a home that has been used as a primary residence.
4. Is a 1992-built home considered old?
Not in this context. Built in 1992, it is newer than the average Winnipeg home and ranks above average for its age on its street (top 21%). This era of home typically offers modern room layouts and wiring, while major components like the roof or windows may be entering a stage where their condition and updates should be carefully evaluated.
5. The city-wide rankings seem very high. Why is that?
This highlights one of the key benefits of established neighbourhoods like Linden Woods. While the home is around average for its own affluent area, its square footage, lot size, and value are significantly above the Winnipeg city-wide average. This underscores the property’s inherent equity and the lasting appeal of the location.