Property Overview: 43 Kingsborough Drive, Linden Woods
Key Characteristics & Appeal
This home at 43 Kingsborough Drive is a spacious, established property in Winnipeg's desirable Linden Woods neighbourhood. Its primary appeal lies in its generous scale and premium lot size relative to the broader city. With over 3,200 square feet of living space, the home ranks in the top 1% city-wide for size, offering ample room for a growing family or those who value spacious interiors. The nearly 8,200 sqft lot is also significantly larger than the Winnipeg average, providing substantial outdoor space.
The home’s assessed value of $750,000 positions it as an above-average property within Linden Woods and an elite offering across Winnipeg, suggesting a solid level of finish and desirability. Built in 1987, it is a mature home that may appeal to buyers comfortable with properties of this era, potentially offering well-established landscaping and neighbourhood character over a brand-new build.
This property would best suit buyers looking for a large family home in a premier neighbourhood who prioritize interior and exterior space over a more modern construction date. It represents a chance to acquire a home that is exceptionally large by city standards, on a sizable lot, within a sought-after community.
Frequently Asked Questions
1. How does this home compare to others on the street?
While its living area is in the top 10% on Kingsborough Drive, its assessed value is around the street average. This suggests it offers more square footage than many neighbours, but its value assessment is in line with the street's overall premium.
2. What does the sold price history indicate?
The home sold for between $500,000 and $550,000 in 2020. The current $750,000 assessment reflects significant market appreciation over the last five years, consistent with broader trends in elite Winnipeg neighbourhoods.
3. Is the lot size a standout feature?
Yes, particularly from a city-wide perspective. The lot is in the top 11% in Winnipeg, which is a more distinguishing feature than within Linden Woods itself, where it is still above average. This is a key asset for privacy and outdoor living.
4. Given its 1987 build date, what should I consider?
The home is newer than the Winnipeg median but is approaching 40 years old. Prospective buyers should factor in the potential for updates to major systems like roofing, windows, and HVAC, balanced against the established, mature setting of the neighbourhood.
5. How is "Elite" or "Top X%" status determined here?
These rankings are based on direct comparisons of specific metrics (like living area or assessed value) against all other homes on the same street, in Linden Woods, and across Winnipeg. For example, a "Top 1% city-wide" ranking for living area means 99% of Winnipeg homes are smaller.