Property Overview: 71 Lindenshore Drive, Linden Woods
Key Characteristics & Appeal
This home presents a compelling value proposition within Winnipeg’s desirable Linden Woods neighbourhood. Built in 2000, it is a modern yet established property. Its key appeal lies in its efficient scale: with 1,622 sqft of living space on a 6,146 sqft lot, it offers a more manageable footprint compared to many larger homes on the street and in the area. This translates to less maintenance without sacrificing the prestige and amenities of the community.
The data reveals a thoughtful perspective. While the home ranks below average for size and value on its own street, it shifts to above-average status when viewed city-wide. This indicates you are acquiring a Linden Woods address with a relatively accessible entry point. The sold price from 2024 (CA$600k-650k) significantly exceeds its assessed value, reflecting strong market demand for the location.
This property would ideally suit downsizers seeking a prime location without excessive upkeep, first-time buyers aiming for a top-tier neighbourhood, or investors attracted by the enduring value of a Linden Woods address. It’s for those who prioritize community and location over maximizing square footage.
Frequently Asked Questions
1. Is the assessed value an accurate reflection of the market price?
No, it is not. The assessed value for taxation purposes is $66,500, but the home sold for between $600,000 and $650,000 in 2024. Market value in this neighbourhood is driven by demand and location, far exceeding the official assessment.
2. How does this home compare to others on the street?
It is a more compact option on Lindenshore Drive. It ranks in the lower third for living area, lot size, and assessed value among the 81 comparable properties on the street, making it one of the smaller homes in this immediate cluster.
3. What are the advantages of a smaller lot in this area?
A 6,146 sqft lot in Linden Woods is still a generous size by city standards (ranking in the top 28% Winnipeg-wide). The advantage is significantly reduced yard maintenance while still providing private outdoor space, a valuable feature for busy professionals or those looking to downsize.
4. The sold price seems high relative to the home’s metrics. What justifies it?
The premium is for the Linden Woods location. The community offers sought-after amenities, schools, and aesthetic appeal. You are paying for the neighbourhood as much as the physical house, which is a typical market dynamic for established, high-demand areas.
5. How can I find out the exact historical sold price?
The precise sale price is not publicly posted. You can request it directly from SaveOnHouse by providing your email address. They provide this data manually and state they will not use your contact information for unsolicited marketing.