Property Overview: 31 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Linden Avenue in Kildonan Drive presents a solid, value-oriented opportunity. Built in 1948, it features 1,134 sqft of living space, a renovated basement, and a detached garage on a 5,028 sqft lot. The home’s standout characteristic is its assessed value, which ranks in the top 10% for its immediate street, suggesting it may offer strong intrinsic value or potential equity relative to its neighbours. While its living space is modest compared to the city average, it is above average for the street, and the lot size is also generous for the area.
Its appeal lies in its established neighbourhood setting and its position as a practical, no-frills property. It would suit first-time buyers looking for an affordable entry into homeownership, value-focused investors attracted by the favourable assessment metrics, or downsizers seeking a manageable footprint without a condo fee. A thoughtful perspective is that while the home is older, its above-average ranking for both value and land on its street indicates it’s a comparatively robust asset within its most immediate market—a key detail for long-term stability.
Frequently Asked Questions
1. What does the high assessed value ranking on the street actually mean?
It indicates that, according to municipal assessment, this property is valued in the top 10% of comparable homes on Linden Avenue. This can signal good relative value or a strong foundation for future appreciation, but the final market price is determined by buyers.
2. Is the living space sufficient for a growing family?
At 1,134 sqft, the living area is practical but compact. It is above the street average, making it a reasonable fit for a small family or those comfortable with efficient use of space, but may feel tight for those needing multiple large bedrooms or dedicated recreational areas.
3. What are the implications of having a detached garage?
A detached garage offers flexibility for use as a workshop or storage separate from the house. However, it requires going outdoors to access, which can be a consideration during Winnipeg winters compared to an attached garage.
4. How does the last sold price in 2016 relate to today’s value?
The 2016 sale price provides historical context, but market conditions have likely changed significantly. It’s more useful to look at recent sales of comparable properties in the area to gauge current value.
5. The home is older—what should I be mindful of?
While the basement is noted as renovated, a home from 1948 will have an older core structure, including potential original plumbing, wiring, and windows. A thorough inspection is essential to understand the condition and any upcoming maintenance typical for a house of this era.