Property Overview & Appeal
This home at 146 Queen's Park Crescent in Linden Woods is a well-established property that presents a compelling blend of space, location, and value. Its key characteristic is its generous 2,476 sqft living area, which places it among the larger homes city-wide (top 3%) and above average for the Linden Woods area. Built in 1989, it is a relatively newer home on its prestigious crescent. The lot size of 7,896 sqft is notably spacious compared to the Winnipeg average, though it is more modest compared to some larger estates on the same street.
The appeal lies in its strong positional value. It offers the desirable Linden Woods lifestyle with the quiet, curved-road setting of a crescent. The data suggests it's a property that delivers more house and land for your dollar compared to the broader city, while being positioned as a solid, mid-range option within its own immediate neighbourhood. It would suit buyers looking for a mature, spacious family home in a top-tier community without the premium price tag of the largest lots on the street. It's also a fit for those who value a home from an era with established landscaping and neighbourhood character, yet one that is newer than the majority of Winnipeg's housing stock.
Frequently Asked Questions
1. How does this home's value compare to its recent sale price?
The home sold in 2024 for an estimated $750k-$800k. Its current assessed value for tax purposes is significantly lower at $75,400. This large difference is normal; municipal assessed value is not a market appraisal and is typically a fraction of the actual selling price, used primarily for calculating property taxes.
2. Is the lot size a disadvantage?
While the lot is smaller than the average for Queen's Park Crescent, it remains larger than most city lots (top 12% city-wide). It offers ample private outdoor space, but buyers seeking the very largest estate-sized lots on the crescent may find comparables. For many, this represents a desirable balance of manageable yard maintenance with generous room for gardens, play, or entertainment.
3. What does the "above average" year built ranking mean for a 1989 home?
On this specific street, a 1989 build date is considered newer than most, placing it in the top 13%. This indicates the crescent consists mainly of homes built in the 1980s or earlier, so this property is among the more recent constructions. It suggests potentially fewer major age-related updates compared to older neighbourhoods.
4. The home sold in 2017 and again in 2024. What does that price change indicate?
The home sold for an estimated $600k-$650k in 2017 and $750k-$800k in 2024. This reflects strong market appreciation over that seven-year period, consistent with trends in desirable Winnipeg neighbourhoods. The increase also aligns with the home's positioning as a spacious property in a high-demand area.
5. How does this home fit within the Linden Woods community?
The data shows this property is above average in size for Linden Woods but around average for its assessed value on its own crescent. This creates an interesting dynamic: you get more living space than many Linden Woods homes, while being priced comparably to others on Queen's Park Crescent. It represents a strategic entry point into one of the neighbourhood's most sought-after streets.