Property Summary: 52 Lindenshore Drive, Linden Woods
Section 1: Key Characteristics & Appeal
This home is a well-established property in the desirable Linden Woods neighbourhood. Built in 2000, it offers a comfortable 2,075 sqft of living space on a generous 7,528 sqft lot. Its key appeal lies in its balanced, above-average positioning within the wider Winnipeg market. While its size and assessed value are fairly typical for its own street, the home stands out significantly when viewed city-wide, ranking in the top tiers for both living space and assessed value compared to the average Winnipeg property.
The home would suit buyers looking for a solid, move-in ready family home in a sought-after area without the premium price tag of a newer or fully renovated property. It represents a practical opportunity to enter a mature neighbourhood with larger lot sizes and established amenities. A thoughtful perspective for a buyer is that this property offers the space and location of Linden Woods, but its "around average" metrics on its own street suggest it may be a more accessible entry point into the area, potentially allowing for future value-adding renovations.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in Linden Woods?
While its living area is close to the neighbourhood average, its assessed value ranks above average (Top 17%) for Linden Woods. This suggests it may offer good value relative to other homes in the area, or possess other desirable attributes not fully captured by square footage alone.
2. What does the "Elite" city-wide ranking for Assessed Value mean?
Ranking in the top 3% city-wide for assessed value indicates that, compared to all Winnipeg homes, this property is considered a high-value asset. This is a strong signal of the enduring value of Linden Woods as a neighbourhood, even for a home that is more typical within its own community.
3. The home sold between $600k-$650k in 2020. What factors should I consider today?
The 2020 sale price provides a historical benchmark. Current value will be influenced by market conditions since then, any updates made to the property, and the home’s consistent above-average city-wide rankings for size and value. It’s a solid foundation for comparison.
4. Is the lot size a pro or a con?
At 7,528 sqft, the lot is above average for both the city and Linden Woods, offering good outdoor space. It is slightly below the average for Lindenshore Drive itself, so it’s worthwhile to visually compare the lot to its immediate neighbours for context.
5. The home is 26 years old. What should I anticipate?
A home built in 2000 is likely past its initial major components warranty period. A prudent buyer will budget for potential updates or repairs to aging systems (like the roof, HVAC, or windows) that are common for homes of this vintage, while appreciating the established neighbourhood and mature landscaping.