Property Overview: 196 Lindenwood Drive E, Linden Woods
Key Characteristics & Appeal
This home presents a compelling opportunity in Winnipeg's desirable Linden Woods neighborhood. Built in 1986, it sits on a standard, manageable lot of just over 6,500 sqft. The living area of 1,886 sqft is moderately sized for the street and area, but notably above the city-wide average, offering comfortable space without being excessive.
The primary appeal lies in its strong value positioning. The home's assessed value ranks in the top 5% city-wide, indicating a high valuation relative to most Winnipeg properties, yet it sits around the average for Linden Woods itself. This suggests you are acquiring a solid asset in a premier neighborhood without necessarily paying the peak premium for the area. Its last known sale was between $550k-$600k in 2018.
This property would suit practical buyers seeking established community appeal. It's ideal for those who value Linden Woods' amenities and reputation but prioritize a more moderate footprint and a lot that doesn't require extensive upkeep. It represents a smart entry point into the neighborhood or a sensible downsize within it, offering the community benefits without the size or price tag of its largest estates.
Frequently Asked Questions
1. How does this home's size compare to others in Linden Woods?
At 1,886 sqft, the living area is slightly below the neighborhood average (~2,099 sqft) for similar homes, ranking in the top 56%. It offers comfortable space but is not among the largest homes in the area.
2. What does the "Top 5% city-wide" assessed value ranking mean?
This means the home's assessed value is higher than approximately 95% of all residential properties in Winnipeg. It highlights the strong underlying value of the asset and the premium associated with the Linden Woods area compared to the broader city market.
3. Is the lot size typical for the street?
Yes. The 6,506 sqft lot is very close to the average for both Lindenwood Drive E and the wider Linden Woods area, offering a standard suburban yard space.
4. When was it last sold and for approximately how much?
The home was last sold in 2018, with a public price range of $550,000 to $600,000. For the exact sale price, you can request details via email from the listing source.
5. How does the year built (1986) affect the property?
Built 40 years ago, the home is slightly older than the average for both the street and Linden Woods. This is typical for the mature neighborhood and suggests potential for updates, which can be an opportunity for customization.