Property Overview: 50 Wingate Court, Linden Woods
Key Characteristics & Appeal
This home at 50 Wingate Court presents a distinct value-oriented opportunity within Winnipeg’s desirable Linden Woods neighborhood. Built in 2001, it is notably newer than most homes city-wide and is among the newest on its own street. The key characteristic here is the balance of location and entry point. While the 1,198 sqft living area and 4,819 sqft lot are modest for Linden Woods—placing it in the lower tier for size within the area—this translates to a significantly lower assessed value ($531,000) compared to area averages. This creates its primary appeal: access to a top-tier neighborhood, with its associated amenities, schools, and prestige, at a price point that is competitive on a city-wide scale. The property’s recent sale history suggests steady appreciation.
It would suit practical buyers who prioritize location over sheer square footage, such as first-time buyers aiming for a "foot in the door" of a premium area, downsizers seeking to maintain a prime address with less maintenance, or investors attracted by the inherent value of the lot and neighborhood stability. A thoughtful perspective is that this property offers the Linden Woods lifestyle without the premium for a large, modern footprint, appealing to those who value community and location more than a sprawling home.
Frequently Asked Questions
1. Is this the smallest home on the street?
Effectively, yes. The data ranks it 18th out of 19 homes on Wingate Court for living area, making it one of the most compact properties on the block.
2. How does the value compare to the rest of Winnipeg?
The assessed value of $531,000 is above the city-wide average (ranking in the top 15%), but it is below average for the Linden Woods area specifically. You are paying a premium for the location compared to most of Winnipeg, but a discount relative to the neighborhood norm.
3. What does the sale history indicate?
The home sold in the $500k-$550k range in 2023 and in the $400k-$450k range in 2020. This indicates strong price growth over that period, consistent with the desirability of the area.
4. Is the lot size a drawback?
The lot is under 5,000 sqft, which is smaller than typical for Linden Woods. This means less private outdoor space but also likely less yard maintenance. It’s a trade-off that contributes to the more accessible price.
5. How can I find out the exact past sale prices?
The precise sold prices are not publicly displayed. You can request them directly via the email prompt on the listing page; the service provider commits to sending the accurate figures manually without using your email for marketing spam.