Property Overview
This 1956-built home at 500 Linden Avenue in Winnipeg's Rossmere-B neighborhood presents a solid, mid-century option. At 962 square feet, its living space is typical for the immediate street and area, though slightly more compact than the Winnipeg average. The assessed value of $330,000 sits above the local averages for both the street and the neighborhood, suggesting it is viewed favorably compared to its direct peers. The lot size of 4,555 sq ft is somewhat smaller than others nearby. The home last sold in mid-2021 for an estimated $350k–$400k.
Key Characteristics & Appeal
The primary appeal of this property lies in its established neighborhood context and relative value. It represents a home that is squarely in the middle of its local market—neither the largest nor the newest on the block, but one that holds an above-average assessed value within its immediate peer group. This can indicate a well-maintained or updated property that stands out on its street.
It would suit a first-time buyer or downsizer looking for a manageable, single-story footprint in a mature, no-surprises area. The buyer is likely someone who values neighborhood character and stability over a sprawling lot or brand-new construction. A thoughtful perspective is that this home offers the potential for "value stability"; being above average on its street but average citywide might provide a cushion against market fluctuations compared to more expensive or more dated homes.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The assessed value of $330k is above the local averages. Nearby comparable homes from the same era have recent assessed values ranging from approximately $302k to $355k, placing this property in the mid-to-upper tier of that range.
2. Is the lot size a disadvantage?
At 4,555 sq ft, the lot is smaller than many on the same street and in Rossmere-B. This could mean less yard maintenance but may limit expansion possibilities or private outdoor space compared to neighbors.
3. What does the "above average" ranking for its year built mean?
Built in 1956, it is newer than many homes on its street (average build year 1951) and in the neighborhood (average 1955). This suggests it may have benefited from slightly newer construction standards or materials for the area.
4. How does it fit within the broader Winnipeg market?
Citywide, this home is around average in value but below average in living space. This highlights that it offers a more affordable entry point into the Winnipeg market, with the trade-off being a cozier interior than the typical city home.
5. Where can I see more detailed neighborhood comparisons?
A dedicated neighbourhood analysis page is available to view this property on a map alongside nearby houses, comparing year built, living area, assessed value, and lot size in detail.