Property Overview: 74 Waterbury Drive, Linden Woods
Key Characteristics & Appeal
This home is a classic, well-established property in the desirable Linden Woods neighbourhood. Built in 1987, it sits on a spacious lot of nearly 10,000 sqft, offering ample outdoor space that is now a rarity in many newer subdivisions. With a living area of 2,828 sqft, the home provides generous interior space, ranking it among the larger homes both locally and city-wide.
The primary appeal lies in its position within a mature, sought-after community, combined with a lot size that offers significant potential. While the home itself is of an older vintage, its assessed value is strong relative to the city, suggesting a solid foundation in a premium location. This property would best suit buyers looking for a established neighbourhood character, who value a large yard for gardening, recreation, or future expansion. It’s a home for those comfortable with a property that may benefit from updates, trading absolute modernity for space, maturity, and location. A thoughtful perspective is that this home represents an opportunity to own a sizeable property in an elite area, where the land itself is a substantial portion of the value, offering long-term stability and the chance to customize the living space over time.
Frequently Asked Questions
1. How does this home compare to others on the street and in Linden Woods?
The home’s living area and lot size are around average for Waterbury Drive, but its lot is significantly larger than the average for both Linden Woods and Winnipeg overall, placing it in the top 10% and 6% respectively.
2. What does the assessed value indicate?
With an assessed value ranking in the top 10% for Linden Woods and top 3% city-wide, it signifies the property is considered well above average in value for the broader market, anchored by its prime location and lot size.
3. The home was last sold in 2023. Can I find out the exact price?
The public data shows a sale range. The exact sold price is available by request from the listing service, which they provide manually via email without using your address for marketing.
4. Is the 1987 build date a concern?
The year built is typical for the street and older than the Linden Woods average. This indicates a mature home that may require due diligence on systems, roof, and windows, but also comes with a mature landscape and established neighbourhood feel.
5. What is the potential here for a buyer?
The combination of a top-tier neighbourhood and a lot size that stands out even within it suggests two paths: a family home with unparalleled outdoor space in a great area, or a property with redevelopment potential (subject to zoning) given the premium land value.