Property Overview: 243 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 243 Linden Avenue in Rossmere-B is a compact, post-war property built in 1946. Its primary characteristic is its modest 720 sqft living area, which is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. However, this is balanced by a lot size that is typical for the area at just under 5,000 sqft and an assessed value ($293k) that sits comfortably below citywide averages.
The appeal here is one of value and potential. For the price point, it offers a solid entry into a stable neighborhood with a standard-sized lot, presenting an opportunity for first-time buyers or downsizers seeking lower carrying costs. The home suits practical buyers who prioritize location and land over interior square footage, and who may see value in a property that leaves room in the budget for future updates or expansions. A thoughtful perspective is that its smaller size and older vintage, while not for everyone, could mean fewer property tax obligations compared to larger, newer homes in the city, offering long-term affordability.
Frequently Asked Questions
1. Is the smaller living area a major concern?
While the home is smaller than average, its lot size is on par with the neighborhood. This could be ideal for those who value outdoor space over a large interior or see potential for a future addition.
2. How does the assessed value compare to likely selling price?
The assessed value of $293k is a municipal valuation for tax purposes. Market value can differ. The last known sale was between $200k-$250k in 2016, so recent market conditions will be the primary driver.
3. What does the "Below Average" ranking for living area actually mean?
The rankings show this home's square footage is in the bottom 5-7% compared to similar properties in Rossmere-B and Winnipeg. It confirms this is a compact home, which is reflected in its value positioning.
4. Are the older mechanical systems or foundation a concern for a 1946 home?
Any home of this age will require a thorough inspection. While the construction year is typical for the street, potential buyers should budget for updates to roofing, plumbing, wiring, or insulation that may be due.
5. What are the immediate neighboring properties like?
Nearby homes on Linden Avenue vary in size, age, and value, from 480 sqft to over 900 sqft. This suggests a mixed, unpretentious streetscape without a strict uniformity, which can be appealing for some buyers.