Property Overview: 415 Lindenwood Drive E, Linden Woods
Key Characteristics & Appeal
This home is a well-proportioned, established property in the desirable Linden Woods neighborhood. Its primary appeal lies in offering above-average space in a sought-after location. With 2,353 sqft of living area, the home provides significantly more room than the typical Winnipeg house, ranking in the top 4% city-wide. It sits on a standard-sized lot for the area, just over 6,400 sqft.
Built in 1993, the home is newer than many in the city but is part of a mature, settled streetscape. Its assessed value of $610,000 is around the average for Lindenwood Drive E itself, but places it in a premium tier compared to the wider Winnipeg market. Recent sale history shows steady appreciation, with the last sale occurring in the $600k-$650k range in 2021.
This property would best suit buyers looking for move-in ready space in a prime neighborhood without the premium for a brand-new build. It’s ideal for a growing family seeking established community amenities, good schools, and a home with a proven history of value retention. It also represents a solid option for those wanting more square footage than the city average, but who may not require or want the largest lot on the block.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is very typical for Lindenwood Drive E, ranking almost exactly in the middle of the street. This suggests it is fairly priced within its immediate context and not an outlier.
2. Is the lot size a pro or a con?
The lot is slightly smaller than the average for both the street and Linden Woods overall. This could mean less yard maintenance, but it may also offer less private outdoor space than some other homes in the area. It’s a standard, manageable size.
3. What does the sale history indicate?
The home sold previously in 2016 ($450k-$500k) and again in 2021 ($600k-$650k), demonstrating strong appreciation over that five-year period. This aligns with the desirability of the Linden Woods neighborhood.
4. How modern is this home likely to be?
Built in 1993, the home is over 30 years old. While newer than the median Winnipeg home, buyers should anticipate features and systems consistent with its era. It may benefit from updates, but its construction date is still a relative advantage in the city’s housing stock.
5. Who might this home not suit?
Buyers seeking a brand-new, custom-built home or an exceptionally large private yard might find other options more fitting. Similarly, those looking for a bargain-priced entry into the neighborhood may find its value aligned with the street average rather than below it.