Property Overview: 27 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Linden Avenue in Kildonan Drive presents a compelling blend of established character and relative value. Built in 1948, it features 1,204 sqft of living space, an attached garage, and a renovated basement. Its standout characteristic is its assessed value of $39.40k, which ranks in the top 3% on its own street, suggesting it is viewed as a high-value property within its immediate, established neighbourhood context. The living area is also above average for the street.
The appeal lies in its position as a solid, well-regarded home on a mature street. It suits buyers looking for a move-in-ready character home without the premium often attached to newer builds, and who appreciate the stability of a neighbourhood where properties hold their value well relative to their peers. It’s particularly suited for first-time buyers or downsizers seeking a manageable footprint with modernized essentials (like the basement) and the practicality of an attached garage. A thoughtful perspective is that this home represents a "best-in-class" option for its specific, older street—offering more space and a higher assessment than many direct neighbours, which could provide a sense of security and a strong foundation for future equity.
Frequently Asked Questions
1. What does the "Top 3%" assessed value ranking mean for this street?
It means that among comparable homes on Linden Avenue, this property has one of the highest municipal assessments. This typically reflects factors like lot desirability, improvements (like the renovated basement), and overall condition relative to neighbouring houses.
2. Is the living space sufficient for a growing family?
At 1,204 sqft, the living area is above the street average but slightly below the broader city average. It would be a comfortable fit for a small family or couple, but those needing extensive space may find it cozy. The renovated basement offers valuable additional flexible space.
3. How does the lot size compare?
The 5,028 sqft lot is above average for Linden Avenue, providing good outdoor space for a home of this vintage. It is, however, smaller than the average lot in the wider Kildonan Drive area, which features larger properties.
4. The home was last sold in 2017. What can the price range tell us?
The recorded sale price range from 2017 ($29.50k - $32.50k) shows a significant increase to the current assessed value of $39.40k. This indicates strong appreciation over the last eight years, consistent with market trends and possibly reflecting the renovations completed.
5. What are the implications of the home’s age (built 1948)?
While the core structure is 78 years old, the renovated basement suggests key updates have been made. Buyers should expect the maintenance typical of a mature home but can be reassured that some modernization has been undertaken. Its age is very typical for this specific street and neighbourhood.