Property Overview: 23 Linden Park Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 23 Linden Park Bay in Inkster Gardens is a compact, efficiently sized property built in 1983. With 844 sqft of living space and a renovated basement, it sits on a modest 3,397 sqft lot. The home’s assessed value is notably lower than many in its immediate area and street, positioning it as an accessible entry point into the Winnipeg market.
Its primary appeal lies in its affordability and practicality. The below-average living space and land area translate to lower maintenance and utility costs, making it a manageable property. The renovated basement adds functional living space, a valuable update in a home of this vintage. This property would suit first-time homebuyers, downsizers, or investors seeking a straightforward, lower-maintenance asset. It’s for those who prioritize financial accessibility and simplicity over square footage, offering a chance to enter homeownership without a premium price tag. A thoughtful perspective is that its smaller footprint and lower taxes could free up budget for personal customization or savings, turning a statistical "below average" in size into a practical advantage for the right owner.
Section 2: Frequently Asked Questions
1. Is the sold price history accurate?
The listed sold price range (e.g., $25.5k–$28.5k in 10/2020) is based on public data. To obtain the exact historical sale price, you must request it via email from the listing service, which provides the figure manually.
2. How does this home really compare to others?
The data shows it is consistently below the average for living area and land size compared to homes on its own street, in Inkster Gardens, and city-wide. However, its city-wide assessed value is around the 60th percentile, meaning it’s closer to the middle of the pack in terms of valuation across all of Winnipeg.
3. What does "renovated basement" mean?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work are not detailed here. This would be a key point for a home inspection and discussion with the seller.
4. Who are the most likely buyers for this property?
Given its size and price positioning, it is most suited to first-time buyers seeking an affordable start, investors looking for a rental property, or empty-nesters wanting to downsize into a manageable home without a complex yard or excessive space to maintain.
5. Why is the assessed value so much lower than the city-wide average home value?
The city-wide average assessed value shown ($390k) includes all home types and sizes. This home’s assessed value ($33.2k) reflects its specific, more compact characteristics. The key comparison is that its value is "around average" (Top 60%) when ranked against all city properties, suggesting the assessment is in line with its offering.