Property Overview: 338 Linden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 806 sqft bungalow, built in 1951 on a 4,165 sqft lot in Rossmere-B, presents a straightforward, entry-level homeownership opportunity. Its core appeal lies in its affordability and position as a practical starting point in the market. The home's assessed value for taxes ($282,000) sits below averages for its street, neighborhood, and the wider city, suggesting a relatively lower property tax burden and an accessible price point. It last sold between $200,000-$250,000 in late 2017.
The home is compact, with a living area significantly smaller than typical comparables, which points to a efficient, low-maintenance footprint rather than spaciousness. It would best suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable home without a large yard. A thoughtful perspective is that its "below-average" metrics across size and value could represent a lower barrier to entry in a stable neighborhood, allowing equity building without a premium price. However, this also implies limited room for growth without value-adding renovations. The 1951 build date is typical for the street, indicating potential for era-specific charm but also likely requiring updates to major systems like plumbing, electrical, or windows.
Section 2: Frequently Asked Questions
1. What does it mean that the home ranks "below average" in size and value?
This indicates the property is more compact and has a lower assessed value than most similar homes in the immediate area. It generally translates to a more affordable purchase price and potentially lower property taxes, but may also reflect a simpler layout or fewer updates.
2. How reliable is the last sold price shown?
The listed sale price from November 2017 is an estimate (shown as a $50,000 range) based on publicly available data, not the official MLS record. For precise historical sale data, you must request it directly from the site via email.
3. What can nearby comparable properties tell me?
Listed nearby homes, like 322 Linden Ave (926 sqft, $314,000 assessment) and 385 Greene Ave (1,024 sqft, $314,000 assessment), provide context. They suggest that with slightly more living area, assessments are notably higher, highlighting how this home's smaller size influences its valuation.
4. Is the 4,165 sqft lot a drawback?
The lot is smaller than average for the area, which means less outdoor maintenance. For some buyers, this is a benefit. For those prioritizing large gardens, play space, or future expansions, it may be a limitation.
5. What are the next steps if I'm interested?
Given the age of the home, a thorough inspection is highly recommended to understand the condition of the roof, foundation, and major mechanical systems. You should also independently verify all sale history and current listing details through a registered real estate professional.