Property Overview: 15 Queen's Park Crescent, Linden Woods
Key Characteristics & Appeal
This home is a well-established property on a generous, private lot in the desirable Linden Woods neighbourhood. Built in 1985, it offers a spacious 2,445 sqft of living area. Its primary appeal lies in its exceptional lot size of over 9,300 sqft, which is significantly larger than most city-wide and neighbourhood averages, providing rare potential for privacy, gardening, or expansion. While the house itself is of a vintage common for the street, its assessed value is positioned in an accessible tier for the area, suggesting it may represent a solid value proposition for the neighbourhood.
The property would best suit buyers who prioritize land and location over a new build. It’s ideal for those seeking a foothold in a top-tier neighbourhood with room to grow, whether that means renovating to personal taste, enjoying expansive outdoor space, or making a strategic investment in a consistently sought-after area. It appeals to a practical buyer who understands that in mature, elite neighbourhoods, the land often holds a significant portion of the value and future potential.
Frequently Asked Questions
1. How does this home compare to others on the street?
It sits around the average for both living area and assessed value on Queen's Park Crescent itself, but it has a larger-than-average lot for the street. The home is older than most on the block, which is reflected in its ranking.
2. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value of $73.80k is for taxation purposes. The home last sold in the $750k-$800k range in 2022, which is a more relevant market benchmark. Assessment values in Manitoba are typically much lower than market values.
3. What does the "Elite" city-wide ranking mean?
When compared to all homes across Winnipeg, this property ranks in the top 3% for both living area and lot size. This highlights that it is a substantially larger property than the vast majority of homes in the city, anchoring its appeal in space and scale.
4. The home is older than many in Linden Woods. Should I be concerned?
A 1985 build is mature but not historic. It places the home in the era when Linden Woods was first developed. This means systems and structure are middle-aged, so a thorough inspection is key, but it also often comes with larger lot sizes than newer infill properties in the area.
5. How can I find out the exact past sale price?
The provided sold price is a public data range. For the precise sale price, you must request it directly via the email button on the listing page. The service promises a manual reply with the exact figure, typically by the end of the same business day.