Property Overview
This home at 200 Lindenwood Drive E in Winnipeg's Linden Woods neighbourhood presents a compelling mix of established community appeal and solid value. Its key characteristics are best understood through comparison. While the 1,851 sqft living area is slightly below the local average for Linden Woods, it stands well above the typical Winnipeg home, offering ample space for a family. The lot size of 6,505 sqft is consistent with the area, providing good outdoor space. Built in 1986, the home is of a vintage common to this mature, sought-after area.
The primary appeal lies in its strong value proposition within a premium neighbourhood. The assessed value ranks in the top 5% city-wide, indicating a highly desirable valuation compared to the entire Winnipeg market, yet it sits around the average for Linden Woods itself. This suggests you are buying into a top-tier community at a relative value within it. The home last sold in the 2021 market for an estimated $700k-$750k, which provides a recent benchmark.
This property would suit buyers looking for an established, family-friendly community with excellent schools and amenities, who prioritize location and lot size over a brand-new build. It’s ideal for those who see the value in a home that may benefit from personal updates over time, allowing for equity growth through renovation in a stable, high-demand area.
Frequently Asked Questions
How does this home’s size compare to others?
While its living space is slightly below the current average for Linden Woods, it is significantly larger than the average Winnipeg home. This means you get more house than most in the city, within a neighbourhood where larger homes are the norm.
What does the "Top 5% city-wide" assessed value ranking mean?
This indicates the home’s official assessed value is higher than 95% of all residential properties in Winnipeg. It highlights the strength and desirability of the Linden Woods area overall, as values there consistently outperform the broader market.
Is the 1986 build date a concern?
Homes from this era in Linden Woods are common and represent the core of this mature neighbourhood. While it may require updates to systems or finishes, the construction quality of this period is generally robust, and the neighbourhood itself is a proven, stable investment.
How reliable are the sold price ranges shown?
The ranges ($700k-$750k for the 2021 sale) are derived from public data. For precise historical sale figures, you must request the exact information directly from the listing service, as they manually verify and provide that detail.
How does the lot size impact value?
At 6,505 sqft, the lot is above average for Winnipeg and typical for Linden Woods. In established, family-oriented neighbourhoods, a generous lot is a permanent asset that contributes significantly to long-term value, offering space for gardens, play, and privacy.