Property Overview: 107 Princewood Road, Linden Woods
Key Characteristics & Appeal
This home at 107 Princewood Road is a standout property within the desirable Linden Woods neighbourhood. Built in 2003, it offers modern construction while being established. Its primary appeal lies in its generous proportions and premium positioning relative to its peers. The nearly 1,900 sqft living area is notably above average for its immediate street and the city overall. The lot size of over 9,100 sqft is a significant feature, placing it in the top 10% on Princewood Road, which suggests substantial outdoor space and privacy—a rarer find in newer subdivisions.
The home’s assessed value ranks in the elite top 5% citywide, indicating a history of above-average valuation. This combination of a newer build, a large lot, and spacious interiors creates a balanced package of modern comfort and long-term value. It would particularly suit buyers looking for a move-in ready, family-sized home in a mature, sought-after area without the maintenance concerns of an older property. It’s also a strong candidate for those who prioritize outdoor space for gardening, play, or future expansion, and for value-conscious buyers who appreciate metrics showing the home performs well against multiple local benchmarks.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly on Princewood Road itself, placing in the top 20% for living area and the top 10% for both lot size and assessed value. This suggests it is one of the larger and more valuable properties on this specific block.
2. Is the sold price history available?
Public records show a sale between $500,000 and $550,000 in 2016. For the exact, precise sold price, you can request it via email from the listing service, which they provide manually.
3. What does the "elite" citywide assessment ranking mean?
The home’s assessed value is in the top 5% of all properties in Winnipeg. This doesn’t dictate market price, but it is a strong indicator that the property has been consistently valued well above the typical city home, often reflecting a combination of location, lot, and improvements.
4. The home was built in 2003. What should I consider?
While modern, a 23-year-old home will likely have components, such as the roof, major appliances, or the HVAC system, that are nearing or at the end of their typical lifespans. A thorough inspection is advised to budget for any upcoming updates.
5. How does the lot size benefit a buyer?
At over 9,100 sqft, the lot is significantly larger than the average for both Linden Woods and Winnipeg. This offers more privacy, space for landscaping or recreation, and potentially more future flexibility (like additions) compared to homes on standard-sized lots.