Property Overview: 334 Linwood Street, Winnipeg
Key Characteristics & Appeal
This home is a substantial two-and-a-half storey character property in Deer Lodge, built in 1916. Its primary appeal lies in its generous scale and above-average lot size. With nearly 2,000 square feet of living space, it ranks within the top 4% of homes on its street and top 3% within the neighborhood for size, offering significantly more room than local averages. The property sits on a large, 5,752 sqft lot, providing ample outdoor space and potential.
The home suits buyers looking for a project with solid bones and historic charm. It’s ideal for someone seeking a spacious footprint in a mature neighborhood who is prepared to take on updates, as the basement is noted as unrenovated. The detached garage adds practical value. While the assessed value is strong for the immediate area, the age of the home (older than 95% of houses on the street) suggests its value is tied to its lot and square footage, presenting an opportunity for a buyer to add modern value through thoughtful renovation. This isn't a move-in-ready showcase, but a canvas for creating a personalized, spacious family home.
Frequently Asked Questions
1. What is the property’s recent sales history?
The home was last sold in October 2022 for $430,000.
2. What is the condition of the basement?
The listing specifically notes the basement as "not renovated," so buyers should anticipate it needing modernization or finishing work.
3. How does the home compare in size to others nearby?
It is notably larger than most. Its living area is in the top 4% on Linwood Street and top 3% in the wider Deer Lodge area, making it a spacious option in this location.
4. What does the assessed value indicate?
The assessed value of $38,900 is above average for both the street and the neighborhood. This typically reflects the property's larger lot and living area, though it is around the city-wide average.
5. Is the home considered historic due to its age?
Built in 1916, it is older than the vast majority of homes in its immediate vicinity. While this grants character, it also means prospective buyers should budget for potential updates to older mechanical systems, windows, or insulation to meet modern standards.