Property Overview: 64 Fairhaven Road, Linden Woods
Key Characteristics & Appeal
This 1,990 sqft home, built in 1989, sits on a generous 7,269 sqft lot in the established Linden Woods neighbourhood. Its primary appeal lies in its strong positional value. The property ranks well above average for both size and assessed value not just on its own street, but across the entire city. This suggests a home that offers more space and perceived value than a typical Winnipeg property. While the home's age is average for Linden Woods, it is notably newer than the city-wide average, offering a balance of established streetscapes without some of the maintenance concerns of much older construction.
The appeal is for a practical buyer who values space, a prime neighbourhood, and solid equity. It suits a growing family seeking a large yard in a sought-after area, or a value-conscious buyer looking for a property that stands out in key metrics compared to most of the market. The data indicates you are paying for a premium lot and location within a premium neighbourhood—a sensible choice for those prioritizing long-term investment and community over a brand-new build.
Frequently Asked Questions
1. How does this home’s value compare to its last sale?
The home sold in the 2021-2022 period for an estimated $650k-$700k. Its current assessed value of $684,000 suggests stable or appreciating value in line with strong market performance in this tier.
2. Is the 1989 build date a concern?
While it’s one of the older homes on Fairhaven Road, it is actually newer than three-quarters of all homes in Winnipeg. This age typically means modern fundamentals (wiring, insulation) but may require updates to kitchens or bathrooms to suit contemporary tastes.
3. What does the "Elite" city-wide ranking for Assessed Value mean?
Ranking in the top 4% of Winnipeg for assessed value means this property is valued higher than 96% of homes in the city. This reflects a combination of its lot size, neighbourhood, and living area, indicating it is a substantial property in the broader market context.
4. How does the lot size impact the property?
At over 7,200 sqft, the lot is significantly larger than the city average and above average for its street. This provides ample outdoor space, potential for additions or landscaping, and contributes significantly to the property’s high assessed value.
5. Where can I see more detailed context about the immediate area?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with comparisons for year built, living area, assessed value, and lot size. This helps visualize its standing in the direct vicinity.