Property Overview: 148 Lindmere Drive, Linden Woods
Key Characteristics & Appeal
This home at 148 Lindmere Drive is a well-positioned property in Winnipeg's desirable Linden Woods neighbourhood. Built in 2004, it is a relatively newer home within its immediate area, ranking in the top 6% on its street for year built. With 1,956 sqft of living space, it offers above-average roominess compared to both the city-wide average and most homes on Lindmere Drive itself. The assessed value of $650,000 places it in an elite tier city-wide (top 5%), indicating a premium valuation.
The appeal lies in its strong, consistent performance across key metrics when compared to broader markets. It’s not the largest lot in Linden Woods, but it represents a modern, spacious home in a mature, sought-after area. This property would particularly suit buyers looking for a move-in ready home in a prime neighbourhood without the need for major updates, and who value a property that stands out in terms of assessed value and living space on a city-wide scale. It’s a solid choice for professionals or families seeking established community amenities with a home that has a contemporary foundation.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s $650,000 assessed value is above average for Lindmere Drive (top 9%) and elite compared to the entire city of Winnipeg (top 5%). This suggests it is a higher-valued property in a generally desirable area.
2. Is the lot size typical for Linden Woods?
At 5,211 sqft, the lot is around average for the street but below the average lot size for the broader Linden Woods neighbourhood. This is common for newer subdivisions within established areas, offering a lower-maintenance yard.
3. What does the sale history tell us?
The home sold between $600k-$650k in 2023, and previously between $500k-$550k in 2018. This indicates significant appreciation over that five-year period, aligning with its current assessed value.
4. How does the living space compare?
With 1,956 sqft, the home is more spacious than most on its street (top 16%) and significantly above the Winnipeg city average. It offers ample room without being an exceptionally large estate home.
5. You mention it’s “newer” – what does that mean contextually?
Built in 2004, it is newer than 94% of homes in Linden Woods and 85% of homes city-wide. For buyers, this often translates to modern building standards, materials, and systems, potentially reducing immediate repair costs compared to much older stock.