Property Overview: 74 Eaglemount Crescent, Linden Woods
Key Characteristics & Appeal
This 1,787 sqft home, built in 1986, sits on a generous 6,256 sqft lot in the established neighbourhood of Linden Woods. Its primary appeal lies in its above-average land size for the immediate street and citywide context, offering valuable outdoor space. The home presents a nuanced value proposition: while its assessed value is below average for Linden Woods, it sold in the $550k-$600k range in 2024, which ranks in the top 9% citywide. This suggests buyers are paying a premium for the lot and location beyond the assessed valuation.
The property suits practical buyers who prioritize lot size and neighbourhood over a newer build or the largest interior square footage on the street. It’s a solid option for those seeking a established community feel with room for gardening, play, or potential outdoor expansion. A thoughtful perspective is that this home represents an entry point into a desirable area, where the value is anchored more in the land and community than in the current structure’s metrics compared to its immediate neighbours.
Frequently Asked Questions
1. Why is the assessed value relatively low for the area?
Assessed value for municipal taxation doesn’t always align directly with current market value. The lower assessment within Linden Woods could reflect the home’s older age or interior characteristics not captured in square footage, but the 2024 sale price indicates the market strongly values the property regardless.
2. How does the lot size compare practically?
The lot is larger than most on Eaglemount Crescent (top 28%) and above the Winnipeg average. This means more private outdoor space than many nearby homes, a key feature for families or those who enjoy gardening and entertaining outdoors.
3. What does the 2024 sale price tell us?
The sale price ranking in the top 9% citywide confirms strong demand for Linden Woods. It indicates buyers were willing to pay well above the city’s average home price for this location, lot, and property combination.
4. Is the living space considered small for the area?
At 1,787 sqft, it’s very close to the street average. It’s not the largest, but it is comfortably within the typical range for the crescent and offers more space than the average Winnipeg home.
5. Who would this home not suit?
It may not suit buyers seeking a newer build without future renovation plans, or those prioritizing a home with top-tier metrics (like size or assessed value) specifically within the Linden Woods area itself over the benefits of the lot and established location.