Property Overview: 114 Shoreline Drive, Linden Woods
Key Characteristics & Appeal
This well-established home on Shoreline Drive is a solid, above-average property within its desirable Linden Woods neighbourhood. Built in 1993, it offers 2,562 sqft of living space on a generous 8,570 sqft lot, dimensions that place it comfortably among the top tier of homes city-wide. Its appeal lies in its proven, mature setting and strong relative value. While the home is typical for its immediate street, its size and lot become significant advantages when viewed across the wider area and city, ranking in the top 10% and 2% respectively. The assessed value tells a similar story: it's elite compared to Winnipeg overall, suggesting a property with enduring, high-quality fundamentals.
This home would suit buyers looking for a established neighbourhood with space and stability. It’s ideal for a family seeking a generous yard in a sought-after area without venturing into brand-new, premium-priced subdivisions. It also represents a prudent choice for value-conscious buyers who recognize that a home ranking highly on city-wide metrics, yet priced comparably to its immediate peers, offers a compelling long-term investment in a stable community.
Frequently Asked Questions
1. How does this home’s value compare to its last sale?
The property sold in 2023 for an estimated $1.05M-$1.1M. Its current assessed value is significantly lower, which is typical, as municipal assessments for tax purposes often differ from market value. The prior sale price is the more relevant indicator of recent market value.
2. Is the lot size a major feature?
Yes, particularly from a city-wide perspective. While the lot is slightly below the average for Shoreline Drive, it ranks in the top 15% in Linden Woods and the top 9% across Winnipeg. This means you get a notably large, private outdoor space compared to most homes in the city.
3. What does the "Elite" ranking for Assessed Value mean?
It indicates this home’s assessed value is higher than approximately 99% of all residential properties in Winnipeg. This doesn't directly dictate market price, but it strongly suggests the property is considered a substantial, high-quality asset within the municipal framework, often correlating with desirable locations and construction.
4. The home is 30+ years old. What should I consider?
A 1993 build is newer than about 80% of homes in Winnipeg. While it won't have the layouts or finishes of a new build, it benefits from mature landscaping and established infrastructure. Prospective buyers should focus on the condition of major systems (roof, HVAC, windows) and consider updates needed for personal taste.
5. How can I get the exact historical sold prices?
The provided sale ranges are based on public data. For precise figures, you must request them directly via the email service mentioned on the listing page. This is a manual process to ensure accuracy and privacy compliance.