Property Overview
This home at 387 Lindenwood Drive E in Winnipeg's Linden Woods neighbourhood presents a well-established, above-average offering in a desirable area. Built in 1992, its key appeal lies in its proven stability and strong positioning relative to the broader city market. With 2,194 sqft of living space on a 6,394 sqft lot, the property provides generous room for a family without being oversized. The data indicates its assessed value and living area are consistently above the Winnipeg city-wide average, ranking in the top third of homes or better, suggesting a solid, premium-but-not-top-tier investment in a mature neighbourhood. Its last known sale was in the $700k-$750k range in 2022.
This home would best suit buyers looking for a move-in-ready family home in a sought-after community, who value space and established neighbourhoods over brand-new construction. It’s a practical choice for those seeking a property that has historically held its value well against city benchmarks, offering more home and land than the typical Winnipeg property. A thoughtful perspective is that while it ranks as above-average city-wide, it sits closer to the median within its own immediate street and neighbourhood, indicating you’re buying into a consistently high-calibre area where this home is a representative, competitive offering rather than an outlier.
Frequently Asked Questions
1. How does this home truly compare to others in Linden Woods?
The data shows it is very much in line with the Linden Woods standard. Its living area and assessed value are both around the neighbourhood average, meaning it’s a typical, well-sized home for this specific community, not an unusually large or small property.
2. What does the sold price range from 2022 tell us?
The $700k-$750k sale price from 2022 placed it in the top 10-14% of sales for its street and area at that time. This historical premium suggests strong desirability and confirms its status as an above-average property within an already premium neighbourhood.
3. Is the lot size a pro or a con?
At 6,394 sqft, the lot is above the city-wide average but slightly below the average for Linden Woods. This means you get a sizable yard by general standards, but within the context of the neighbourhood, it offers a manageable outdoor space rather than an exceptionally large one.
4. What are the implications of the 1992 build year?
Built in 1992, the home is newer than the median Winnipeg house. This often means modern floorplans and infrastructure, but key components like the roof, windows, and major systems may be nearing or entering their typical renewal periods, which is an important consideration for maintenance planning.
5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed. The listing service provides this data manually via email upon request to verified users, a process they state is done without marketing spam.