Property Overview: 60 Lindenwood Drive E, Linden Woods
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition within Winnipeg’s desirable Linden Woods neighborhood. Its key characteristic is a generous 7,820 sqft lot, which is notably larger than most on its street and in the wider city, offering excellent outdoor space potential. Built in 1983, the house itself is more modest in size (1,545 sqft living area) compared to many neighboring homes, placing it in an older and smaller tier for the immediate area. This creates an interesting dynamic: you're purchasing a prime location and a sizable lot, but the structure may require updates or an expansion to match its surroundings.
The appeal lies in this very opportunity. It suits a specific type of buyer: those looking to secure a footprint in a well-regarded family neighborhood who are willing to invest in renovations or a future build. It’s also a practical entry point into Linden Woods for buyers who prioritize land over immediate move-in luxury. The assessed value is relatively low for the city, suggesting a potentially lower property tax burden compared to homes of similar market value, which is a less obvious financial benefit.
Section 2: Frequently Asked Questions
1. Is the house in move-in condition?
Given its age (1983) and that its living area is below average for the street, it’s very likely the interior would benefit from modernization. Prospective buyers should budget for updates or view it as a redevelopment opportunity on a large lot.
2. Why is the assessed value so much lower than the recent sold price?
Municipal assessed value for taxation purposes often lags behind market value. The 2023 sale in the $550k-$600k range reflects what buyers are currently willing to pay for the location and lot, which is significantly higher than the older assessment figure.
3. What are the advantages of such a large lot?
Beyond ample yard space, a large lot in a mature neighborhood like Linden Woods offers long-term flexibility. It provides room for additions, a swimming pool, extensive landscaping, or future redevelopment, options that are scarce on standard-sized lots.
4. How does this home compare to others in Linden Woods?
The data shows it’s an older and smaller home on its street and in the neighborhood overall. However, its lot size is well above average. You are effectively trading house size for land size compared to the typical Linden Woods property.
5. Can I get the exact historical sold prices?
The public data shows price ranges. The listing service offers to provide the exact sold prices via email upon request, which they handle manually without using the contact for unsolicited marketing.