Property Overview & Key Characteristics
This two-storey home in the established Linden Woods neighbourhood offers a blend of space, location, and value. Built in 1984, it sits on a large 6,847 sqft lot, providing ample outdoor space that ranks well above average for both the street and the city. The 1,875 sqft living area is complemented by a renovated basement, adding functional space. Its assessed value of $600k positions it in the top tier for Winnipeg, suggesting a solid investment in a desirable area.
The appeal lies in its balance. It’s a home that offers more land than many newer builds in the area, perfect for gardening, play, or future expansion. The renovated basement adds immediate modern living space without the need for a major project. It’s ideally suited for growing families seeking a long-term home in a top-rated neighbourhood, or for value-conscious buyers who want a move-in ready property on a premium lot without the premium price of a brand-new construction. A thoughtful perspective: while the house itself is from the 1980s, its lot size and location offer a rarity that often appreciates independently of the structure, providing a stable foundation for equity.
Frequently Asked Questions
1. How does the age of the home (1984) affect its value?
While not a new build, the home’s year of construction is actually newer than 89% of other homes on its street and ranks in the top 7% for the Linden Woods neighbourhood. This suggests it is among the more contemporary properties in an established area, likely with updated infrastructure like wiring and plumbing compared to much older homes.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the selling agent to understand the quality of the renovation and whether it includes legal secondary suites, additional bedrooms, or dedicated recreational space.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value ($600k) is for municipal tax purposes and is typically based on past market data. It is a useful benchmark, showing the home is in a high-value bracket for Winnipeg (top 7%). However, the final sale price will be determined by current market conditions, the home’s specific condition, and buyer demand.
4. How does the lot size compare to typical properties?
The 6,847 sqft lot is a significant feature. It ranks in the top third on its own street and is larger than 82% of residential lots in Winnipeg. This is a substantial amount of private outdoor space, which is increasingly uncommon in newer subdivisions.
5. What is the neighbourhood like, and what amenities are nearby?
Linden Woods is a mature, sought-after neighbourhood known for its parks, walking paths, and community feel. The listing shows nearby comparable properties are also in Linden Woods and adjacent areas like Beaumont, indicating a consistent and desirable location with good access to schools, shopping, and major routes.