Property Overview & Key Characteristics
This home at 46 Deer Run Drive in Linden Woods is a well-sized, established property that presents a balanced offering. Its primary appeal lies in its generous 2,115 sqft of living space, which ranks in the top 10% for its immediate street and the top 8% city-wide, making it a notably spacious home compared to the broader Winnipeg market. Built in 1998, it is a modern yet settled home in a mature neighbourhood. The assessed value of $590,000 is above average city-wide but is positioned as average within the desirable Linden Woods area, suggesting it aligns with local market expectations.
The property suits buyers looking for established character and space without venturing into the premium price tier of newer luxury builds. It’s an ideal fit for a growing family seeking the reputable Linden Woods community, or for professionals who value more interior square footage over a larger lot, as the 5,125 sqft land area is more compact than many area properties. A thoughtful perspective is that this home represents a "sweet spot" of size and value—offering city-leading space metrics while being priced comparably to its immediate peers, which could indicate solid value retention in its locale.
Frequently Asked Questions
1. How does this home’s value compare to others in Linden Woods?
The home’s assessed value is around the average for Linden Woods, but you get more living space than approximately 65% of area homes, suggesting a favourable balance of price per square foot within the neighbourhood.
2. Is the lot size a disadvantage?
While the lot is below the neighbourhood average, it is near the city-wide median. This typically means lower maintenance and may appeal to those prioritizing interior space and community amenities over extensive yard work.
3. What does the sale history indicate?
The home sold between $500k-$550k in 2017. The current assessed value of $590k reflects market appreciation over seven years, which is consistent with broader trends for established homes in sought-after areas.
4. How does the year built (1998) affect the home?
Built 28 years ago, the home is newer than most in Winnipeg but is one of the older homes on its street. Buyers should anticipate maintenance and updates consistent with a home of this age, balanced with the established landscaping and settled community feel.
5. Who would this property not suit?
It may not suit buyers seeking a very large yard, a brand-new build, or those looking for a property with a below-average assessed value for the Linden Woods area. It’s best for those who value space and location over a pristine, modern construction or maximum lot size.