Property Overview
This home at 46 Baytree Court in Winnipeg's Linden Woods neighbourhood presents a compelling mix of space, location, and value. Built in 1999, it sits on a notably large lot for the area—over 7,700 sqft—which ranks well above average both locally and city-wide. The living space of 1,745 sqft is comfortably sized, offering more room than the typical Winnipeg home. While its assessed value is in line with its immediate street and neighbourhood, it stands out as being in a higher tier compared to the entire city, suggesting a solid investment in a desirable area. Recent sale history indicates stable and strong market value.
Key Characteristics & Appeal
The primary appeal of this property lies in its generous land size within a mature, established neighbourhood. It offers the space and privacy that can be harder to find in newer subdivisions, while the home itself provides ample square footage for family living. Its appeal is balanced: you're not paying a premium for the most modern home on the block, but you are securing an above-average property in a sought-after community. This balance makes it particularly suitable for buyers who prioritize lot size and established gardens over a brand-new build, and for those who see value in a home that has maintained strong resale value over recent years. It’s a practical choice for a family seeking room to grow outdoors, or for someone looking for a foothold in a premium neighbourhood without the premium price of a fully renovated or custom home.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The lot of 7,750 sqft is significantly larger than many on its own street and in Linden Woods overall, ranking in the top quarter for size. This is one of the property's standout features.
2. What does the assessed value tell me about the property taxes?
The assessed value of $62,200 is around average for the immediate area but places the home in the top 7% city-wide. This generally indicates property taxes that are proportionate for Linden Woods, but higher than the Winnipeg average, reflecting the neighbourhood's desirability.
3. The home was last sold in 2021 and 2023. Is that a concern?
The recent sales activity suggests a fluid market for this home. The sold price remained in the same range ($600k-$650k) both times, indicating the market has consistently supported its value over a short period.
4. Is the living area smaller than other homes in Linden Woods?
At 1,745 sqft, the living area is slightly below the current neighbourhood average. However, it is still a spacious home and is considerably larger than the average Winnipeg house, trading some interior square footage for a much larger-than-average yard.
5. What is the likely condition of a home built in 1999?
A home of this age is typically past its initial major systems warranties but is not yet considered a heritage property. Buyers should budget for potential updates to elements like the roof, windows, or HVAC systems, which may be nearing the end of their typical lifespans, while appreciating the mature landscaping and established neighbourhood character.