Property Overview & Key Characteristics
This home at 376 Lindenwood Drive E is a well-established property in Winnipeg's Linden Woods neighbourhood, built in 1992. Its primary appeal lies in its strong, above-average positioning across key metrics when compared to the wider city, offering a sense of solid value. With 2,218 sqft of living space on a 7,294 sqft lot, it provides generous room for a family. The data indicates its assessed value ranks in the top 4% citywide, suggesting a property that has been maintained or valued favorably relative to the broader market.
The home would suit buyers looking for a move-in ready, spacious family home in a desirable, mature neighbourhood without venturing into the premium price tier of brand-new constructions. It’s a practical choice for those who value space, established communities, and a property that performs well on paper in terms of assessment and size comparisons. A less obvious perspective is that a home from this era often balances modern room layouts with construction methods from a time of readily available quality materials, potentially offering a sturdy feel that can be harder to find in some newer builds.
Frequently Asked Questions
1. How does this home truly compare to others in Linden Woods?
The data shows it is consistently above average for the neighbourhood in assessed value and living area, placing it in the top 25-33% of comparable local homes. It’s a solid, upper-tier property within Linden Woods itself.
2. The assessed value seems low. What does that figure mean?
The assessed value (e.g., $68.50k) is for municipal tax purposes only and is not the market value. It’s a baseline number used to calculate property taxes. The actual market value is better reflected by the historical sold price ranges provided (e.g., CA$550k–600k).
3. Is a 1992-built home likely to need major updates?
While major structural issues are unlikely, a home of this age is often at the stage where some core components (like the roof, windows, or major appliances) may be nearing or past their typical lifespan. A thorough inspection is advised to budget for any upcoming updates.
4. How stable has the property's value been?
Based on the sold price history, the home maintained a very stable value bracket between 2017 and 2019, suggesting it holds its worth well in the market. For the most current market comparison, consult a local agent.
5. Can I get the exact historical sold prices?
The exact sold prices are not publicly displayed due to data restrictions. However, you can request them directly via the email option provided on the listing page; the service promises to provide the accurate figures without using your email for marketing spam.