Property Overview: 83 Princewood Road, Linden Woods
Key Characteristics & Appeal
This home at 83 Princewood Road presents a compelling blend of space, modernity, and value within Winnipeg’s desirable Linden Woods neighbourhood. Built in 2003, it is a notably newer construction compared to most city homes, offering modern building standards and likely lower immediate maintenance needs. With 1,563 sqft of living space, it sits comfortably above the Winnipeg average, providing ample room for daily life, yet its efficient size may translate to manageable utility and upkeep costs.
The property’s primary appeal lies in its strong positional value. While its size and assessed value are fairly typical for its immediate street and Linden Woods area, it stands out significantly when viewed city-wide. It ranks well above average for both size and assessed value compared to the entire Winnipeg market, suggesting you get more home for your investment here than in many other parts of the city. The lot size of over 6,600 sqft is also generous by urban standards, offering good outdoor space.
This home would suit practical buyers looking for a move-in ready, modern property in a well-established family neighbourhood without the premium often attached to brand-new builds. It’s ideal for young families, professionals seeking space to grow, or downsizers who want a comfortable, single-level living layout (assuming bungalow-style, based on the living area and year). It represents a balanced choice for those prioritizing a quiet, residential setting with the convenience of Linden Woods’ amenities, schools, and green spaces.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
City-wide, this property ranks in the top 7% for assessed value and the top 27% for living area. This indicates you are getting a home that is both larger and of higher value than the vast majority of properties across Winnipeg, highlighting strong value for the investment.
2. Is the home newer or older than most in the area?
Yes, it is notably newer. Built in 2003, it ranks in the top 5% of homes in Linden Woods by year built, meaning it is one of the more modern homes in this mature neighbourhood.
3. What was the last sold price?
Public records show it sold between $450,000 and $500,000 in 2017. For the precise sale price, you can request the exact figure via email from the listing source.
4. Is the lot size typical for the street?
The lot of 6,632 sqft is right around the average for Princewood Road (rank 10 out of 20), making it a standard, well-proportioned lot for the street.
5. What are the potential less obvious advantages of this property?
Beyond the numbers, its construction date suggests modern insulation, wiring, and building codes. Additionally, being "average" for the street in lot and value can be an advantage, indicating stability and reducing the risk of being over-improved or an outlier in the local market. Its city-wide rankings suggest it could hold its value well relative to the broader market.