Property Overview: 104 Farmingdale Boulevard, Linden Woods
Key Characteristics & Appeal
This home presents a compelling value proposition within Winnipeg’s desirable Linden Woods neighbourhood. Built in 1989, it sits on a generous 6,494 sqft lot, which is above average for both the street and the city. With 1,706 sqft of living space, the home is moderately sized, offering a manageable footprint that stands out as above average when compared to the typical Winnipeg house.
The primary appeal lies in its exceptional assessed value positioning. The property ranks in the top 6% on its street and an elite top 5% city-wide for its assessed value, suggesting a strong underlying property value relative to its tax assessment. This, combined with its last known sale in the $600k-$650k range in 2021, indicates a solid investment in a stable, established area. The home suits buyers looking for a well-located property with a substantial lot in a mature neighbourhood, without the premium often attached to newer or maximized square footage. It’s ideal for those who value lot size and location over a sprawling interior, and for value-conscious buyers who appreciate metrics showing a favourable assessment ratio.
Frequently Asked Questions
1. How does the home’s size compare to the area?
While the living area is below the average for Linden Woods, it is notably above the average for the entire city. This suggests a comfortable, mid-sized home in a neighbourhood where many houses are larger.
2. What does the “elite” assessed value ranking mean?
This ranking means the home’s government-assessed value is higher than approximately 95% of all properties in Winnipeg. This can indicate strong underlying value, but it’s important to distinguish assessed value (for taxation) from current market value.
3. Is the lot size a significant feature?
Yes. The lot is larger than most on the street and in the city. This offers more outdoor space, potential for gardening, expansion, or simply greater privacy—a valuable asset in a mature neighbourhood where lot sizes can vary.
4. The home was last sold in 2021. What can that price tell me?
The $600k-$650k sale price provides a recent benchmark. When considering the current asking price, this history helps gauge the market’s movement and the seller’s potential equity in the property over a short period.
5. Who would this property best suit?
It’s an excellent fit for buyers prioritizing location and lot size over sheer interior square footage. It would suit small families, professionals, or downsizers who want the prestige and amenities of Linden Woods but prefer a more manageable home size with a generous yard. The value-oriented metrics may also attract savvy investors.