Property Overview
This home at 99 Lindmere Drive in Winnipeg's Linden Woods neighbourhood presents a compelling mix of community positioning and practical value. Its key appeal lies in being a well-maintained, early-2000s build that offers above-average space and modernity relative to the broader city, while sitting at a more accessible value point within its own desirable street and area.
Key Characteristics & Ideal Buyer
The 1,704 sqft home, built in 2004, is newer than most homes in Winnipeg, placing it in the top 15% citywide for age. This suggests updated building standards and potentially lower immediate maintenance needs. The lot size of 5,365 sqft is generous for the street but more modest within Linden Woods, offering manageable outdoor space. The home’s assessed value is notably below the averages for both Lindmere Drive and Linden Woods as a whole, indicating it may represent a value-oriented entry point into this established area. Historical data shows it last sold for an estimated $450k-$500k in 2020.
Its appeal is multifaceted: it’s a modern home in a mature neighbourhood, offering a balance of indoor space and yard size that is efficient rather than expansive. It would suit practical buyers seeking a foothold in a prime neighbourhood without the premium often attached to the largest lots, or those who prioritize a newer construction year over having the biggest property on the block. It’s also a sensible fit for someone looking for a home that likely requires less urgent updating compared to the Winnipeg average.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
A lower assessment relative to immediate neighbours can stem from various factors, including the specific layout, finishes, or lot characteristics. It doesn’t necessarily reflect condition, but it can indicate this property is valued at a more accessible point within a high-demand area.
2. What does the "below average" lot size for Linden Woods mean practically?
While the lot is above average for the street, it’s smaller than many in Linden Woods. This typically means less yard maintenance and a more compact, manageable outdoor space, which can be a benefit for those not seeking extensive landscaping.
3. The home sold in 2020. What can that tell me?
The last sale price provides a market benchmark from five years ago. Understanding how the local market has moved since then is crucial, and requesting the exact sold price from the provided service can give a clearer starting point for assessing current value.
4. How significant is the 2004 build year?
Being built in 2004 places it in the top 2% for age in Linden Woods. This is a standout feature, suggesting major systems (roof, windows, HVAC) are likely younger than those in most area homes, potentially deferring significant replacement costs.
5. Are the nearby listed properties good comparisons?
The listed references on Lindmere Drive (107 and 115) are useful for direct street comparisons, as they have similar build years and assessed values. They help gauge the specific market on this street, which can differ from the broader neighbourhood trends.