Property Overview: 15 Waterbury Drive, Linden Woods
Key Characteristics & Appeal
This home at 15 Waterbury Drive presents a distinct profile within the desirable Linden Woods neighbourhood. Built in 1987, it is a well-situated property that offers a compelling mix of location and value, but with some notable trade-offs.
Its primary appeal lies in its efficient use of space and its position on a quiet street. With 1,983 sqft of living area, the home is notably cozier than most on Waterbury Drive, where it ranks in the bottom 10% for size. However, this same footprint is above the city-wide average, suggesting a efficient, manageable layout without excessive upkeep. The lot, at just over 7,000 sqft, follows a similar pattern: it’s one of the smaller properties on the street but is still larger than the typical Winnipeg lot. This creates a private outdoor space that is easier to maintain than larger estates in the area.
The assessed value, significantly lower than the street average, indicates a potentially attractive entry point into Linden Woods. This combination—a smaller home on a premium lot in a top neighbourhood—makes it an interesting prospect. It would suit downsizers seeking a prime location without a massive house, value-conscious buyers wanting to enter the area, or those who prioritize land location over square footage and are willing to consider updates. It’s a property for buyers who see the neighbourhood itself as the primary asset.
Frequently Asked Questions
1. Why is the assessed value so much lower than neighbouring homes?
The assessed value is based on specific property characteristics. Here, the significantly smaller living area and lot size compared to others on Waterbury Drive are the primary factors, resulting in a valuation that is below the street average but aligned with its specific metrics.
2. Is this a good option for a growing family?
It depends on space needs. The living area is below the neighbourhood average, so it may feel compact for a large family. However, the lot provides good outdoor space for children, and the Linden Woods location offers excellent schools and amenities.
3. What does the sold price history tell us?
The home sold between $400k-$450k in 2016. This historical data provides a benchmark, but the current market value will be influenced by factors like condition, updates, and recent market trends since that sale nearly a decade ago.
4. How does the lot size compare practically?
While it ranks as one of the smaller lots on the street, at over 7,000 sqft it still provides substantial yard space—more than the average Winnipeg home. You gain the prestige and location of Waterbury Drive with less yard maintenance than the largest properties.
5. What might a buyer need to budget for?
Given the home’s age (built 1987), prospective buyers should be prepared for potential updates. A thorough inspection is advised to assess the condition of major aging components like the roof, windows, and mechanical systems, which is typical for homes of this vintage.