Property Summary: 503 Lindenwood Drive W, Linden Woods, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a well-positioned property in the desirable Linden Woods neighbourhood. Its key strength lies in offering above-average space and a modern build on a generous lot, all within a stable, established community.
The 2,050 sqft living area is comfortably above the Winnipeg average, providing ample room for a family. Notably, the lot size of 8,830 sqft is a significant feature, ranking in the top 6% on its own street, which allows for substantial private outdoor space—a relative rarity. Built in 2004, the home is newer than most in the broader area, suggesting modern construction standards and potentially lower immediate maintenance needs compared to older stock.
Its appeal is grounded in offering a balanced, move-in-ready proposition. It suits buyers looking for a family home in a prime neighbourhood without the premium for a brand-new build. It would particularly fit growing families seeking both indoor and outdoor space, or professionals valuing a modern home in a convenient location. A thoughtful perspective is that while its assessed value is around average for Linden Woods, its lot size and newer build date offer a compelling value foundation that may not be immediately apparent in the price.
Section 2: Frequently Asked Questions
1. How does this home compare to others in Linden Woods?
The data shows it is competitive on living space and assessed value, but stands out with a larger-than-average lot and a newer construction date (2004), placing it in the top 2% of the neighbourhood for year built.
2. What is the exact past sale price?
Public records show it sold for between $700,000 and $750,000 in 2022. The listing service offers to provide the exact sale price via email upon request.
3. Is the lot size a significant feature?
Yes. At 8,830 sqft, the lot is substantially larger than the average for both the street and the city, offering more privacy and yard space than many comparable homes.
4. What is the neighbourhood like?
Linden Woods is a mature, sought-after residential area in Winnipeg. The property is nestled among similar single-family homes, as indicated by the nearby listings on Lindenwood Drive W and Ireton Place.
5. How might the assessed value relate to market price?
The assessed value for taxation purposes is $63,800. It’s important to note that this is not a market appraisal; the 2022 sale price provides a more current benchmark of its market value, which is significantly higher.