Property Overview
This home at 58 Parkroyal Bay in Winnipeg's Linden Woods neighbourhood presents a compelling blend of space, location, and value. Its key appeal lies in its generous proportions, offering a living area that ranks well above the city average, paired with a substantial lot. While the home itself is from the early 1980s, its assessed value is positioned in the top tier city-wide, suggesting a solid investment in a desirable area. It would particularly suit buyers looking for established character and more room, both indoors and outdoors, within a respected community. This property is ideal for those who prioritize space over a brand-new build and appreciate a home that offers a strong foundation in a mature, well-regarded setting.
Frequently Asked Questions
1. How does this home's age affect its value and appeal?
Built in 1982, the home is older than most in Linden Woods. This typically means potential for original features and a well-established property, but buyers should budget for updates. Its strong assessed value indicates the lot size, location, and square footage significantly outweigh age concerns for the market.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $680,000 is for municipal tax purposes. The last known sale was between $550k-$600k in 2019. The current market price will be influenced by recent sales, condition, and demand, so it's essential to review comparable sold properties from the last few months.
3. What does the ranking data actually tell me about this property?
The rankings compare this home to others on its street, in Linden Woods, and city-wide. Key takeaways: its living space is elite city-wide (top 4%), and its lot size is above average everywhere. On its own street, it's a more average offering, which can be appealing for maintaining neighbourhood character without standing out.
4. Who would this property suit best?
It's an excellent fit for growing families or those who value space, seeking a established home in a prime neighbourhood. It would also suit value-conscious buyers looking for "good bones" and land in Linden Woods, who are prepared to modernize the interior over time.
5. How can I get the exact historical sale prices?
The provider offers to manually share the exact sold price history via email upon request, at no cost and with a commitment not to use your email for spam. This is because precise sale data is not always publicly available online.