Property Overview
This home at 131 Lindenwood Drive W in Winnipeg's Linden Woods neighbourhood presents a specific and compelling value proposition. Built in 1985, it sits on a standard-sized lot for the area. Its key appeal lies in its position as a more accessible entry point into a desirable, established community. While its living space and assessed value are below the averages for Linden Woods and its own street, they are notably above the wider city average. This creates an interesting dynamic: you're acquiring a home that is modest for the immediate area but still spacious and valuable by broader Winnipeg standards. It would suit first-time buyers or downsizers seeking Linden Woods' amenities and reputation without the premium for a larger, newer home, or savvy investors recognizing the inherent value in the lot and location.
Frequently Asked Questions
1. Is this house significantly smaller than others in Linden Woods?
Yes, at 1,721 sqft, its living area ranks in the bottom 25% for the neighbourhood, where the average is around 2,099 sqft. However, it remains well above the Winnipeg city-wide average of 1,342 sqft.
2. Why is the assessed value seemingly low compared to recent sale prices?
The assessed value of $54,200 is a municipal valuation for tax purposes and often lags behind market values. The home last sold for an estimated $500k-$550k in 2020, which is a more relevant indicator of its market worth.
3. What does the "above average city-wide" ranking mean for a buyer?
This perspective highlights that while the home may be a modest offering within Linden Woods, it still represents a substantial property compared to most of Winnipeg. You're buying into a superior location with a home that would be considered spacious and valuable in many other parts of the city.
4. As a 1985 build, what should I consider?
Homes from this era are now 40+ years old. While potentially offering more classic layouts and mature landscaping, a thorough inspection for aging components like the roof, windows, and major mechanical systems (furnace, water heater) is essential.
5. How can I get the exact historical sale price?
The exact sold price is not publicly displayed. The listing service offers to provide it manually via email upon request, with a commitment to respond by the end of the same day without using your address for unsolicited marketing.