Property Overview: 22 Castleton Court, Linden Woods
Key Characteristics & Appeal
This home at 22 Castleton Court is a study in desirable contrasts. Built in 2004, it is a relatively modern property situated on a generous, above-average lot within the sought-after Linden Woods neighbourhood. Its primary appeal lies in its positioning: while the home itself has a living area that is more modest compared to its immediate neighbours, it offers a premium lot size and a newer build year that are highly competitive both within the community and across Winnipeg. This creates a unique value proposition—it’s a property with the land and location many buyers seek, presenting a potential opportunity for expansion or renovation to match the street’s larger average home sizes.
The assessed value tells a compelling story. It ranks in the elite top 3% city-wide, yet is below average for Castleton Court itself. This suggests you are acquiring a high-value asset for the city in a street of even higher-calibre homes, which can be a strategic entry point into a premium area.
This property would ideally suit a buyer who values land and location over immediate square footage. It’s a strong fit for those looking for a long-term family home in a top-rated neighbourhood with room to grow, or for purchasers comfortable with a project to potentially increase the living space to align with the lot’s potential.
Frequently Asked Questions
1. Is the living space too small for the neighbourhood?
While the 1,851 sqft living area is below the street average, it is above the city-wide average. The home offers comfortable space, but its value here is more weighted toward its lot size, modern build year, and elite location within Linden Woods.
2. Why is the assessed value so high city-wide but lower on the street?
The assessed value is elite compared to all Winnipeg homes, reflecting the desirability of Linden Woods. On Castleton Court, values are exceptionally high overall, so this home’s assessment is relatively lower, which can be an advantage for property taxes while still ensuring investment in a top-tier street.
3. What does the sold price history indicate?
The home sold for between $600k-$650k in 2016. This historical price, combined with its current elite city-wide assessment, underscores the property’s strong value retention and the enduring premium of the location.
4. Is the lot size a major feature?
Yes. At nearly 8,000 sqft, the lot is above average for both Linden Woods and Winnipeg. This substantial outdoor space is a key asset, offering privacy, room for landscaping, and future potential.
5. Who should consider requesting the exact sold price?
Serious buyers or market analysts should request the exact price via email. Knowing the precise 2016 sale figure provides a concrete benchmark for understanding the property’s appreciation and current market position, aiding in making an informed offer.