Property Overview & Key Characteristics
This home at 118 Queen's Park Crescent is a standout property in Winnipeg's desirable Linden Woods neighbourhood. Its primary appeal lies in its exceptional scale and generous lot size, positioning it among the elite tier of homes both locally and city-wide. The residence offers over 3,400 square feet of living space on a private, 15,267-square-foot lot, placing it in the top 1-2% of properties for size in the city. Built in 1989, it is a well-established home in a mature, prestigious setting. With a recent sale price between $1.15M and $1.2M and an assessed value of $1.1M, it represents a significant investment.
The property is ideally suited for buyers seeking space, privacy, and established prestige. It would appeal to growing or multi-generational families needing ample room, or to professionals looking for a substantial home in a prime, quiet crescent. Its value proposition is less about being new and more about offering proven, above-average metrics for land and living area—a rare combination that provides both immediate utility and long-term investment stability in a sought-after area.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it ranks exceptionally high for both lot and living area. On its own street, it's in the top 10% for size. When compared to all of Linden Woods, it's in the top 1-2%, and this elite standing holds true even when compared to every property in Winnipeg.
2. Is the 1989 build date a concern?
The year built is above average for the street and city-wide. While not a new build, it places the home in an era of solid construction on mature lots. Buyers should plan for a thorough inspection to understand the condition of major systems and potential updates needed, which is typical for a home of this vintage.
3. What does the assessed value versus sale price indicate?
The recent sale price range is slightly above the current assessed value. This is common in active markets for premium properties, where buyer demand for specific, scarce features (like a very large lot in Linden Woods) can push the price beyond the municipal assessment, which often lags behind market trends.
4. Who would this property not suit as well?
It may not be the best fit for those seeking a modern, low-maintenance "turn-key" home or a brand-new development. The appeal here is in the substantial land and space, which may come with a project or two. It's also a significant property, so buyers looking for a minimal footprint or a starter home would find it outsized for their needs.
5. Where can I see more specific data about the neighbourhood?
You can open the dedicated neighbourhood analysis page (link provided in the full details) to see this property mapped alongside nearby homes, with direct comparisons for year built, living area, assessed value, and lot size. For the exact historical sold price, you can request that information via email from the listing service.