Property Overview: 442 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 442 Linden Avenue is a compact, character property built in 1921, offering 816 square feet of living space on a generously sized lot of over 5,000 square feet. Its appeal is rooted in value and potential. The assessed value of $220k is notably below averages for the street, neighborhood, and city, presenting a lower entry point into the Rossmere-B area. The lot size is above average for the street, offering valuable outdoor space or future expansion potential that many newer, smaller lots in the city lack.
The property suits first-time buyers, investors, or downsizers seeking an affordable foothold in a mature neighborhood. It’s a practical choice for those comfortable with a home that may require updates, valuing lot size and location over move-in-ready finishes. A less obvious perspective is that its older vintage and smaller size could translate to lower utility and maintenance costs compared to larger, newer homes, while the below-average assessment might offer relative tax savings.
Frequently Asked Questions
1. Why is the assessed value so much lower than nearby homes?
The assessed value reflects factors like the home's smaller living area, older age, and potentially the condition or features relative to updated comparables. It indicates a market entry point below the neighborhood norm.
2. What does the lot size mean for me?
At over 5,000 sq ft, the lot is larger than many on the street. This provides ample yard space and could be a long-term asset for gardening, recreation, or even future expansion, subject to local zoning.
3. As an older home, what should I budget for?
While specific details require an inspection, homes from the 1920s may need attention to foundational elements, roofing, plumbing, electrical systems, and insulation to meet modern standards. Budgeting for these potential updates is wise.
4. How reliable are the sold price estimates shown?
The provided sold price range is based on public data, not the MLS. For fully verified and exact historical sale figures, you must request a manual lookup from the site via email.
5. How does the living area compare practically?
At 816 sq ft, the home is cozier than the area average. This suits simpler living but requires efficient use of space. It’s worth considering if the layout meets your needs for privacy and storage.