Property Overview: 22 Woodington Bay, Linden Woods
Key Characteristics & Appeal
This home at 22 Woodington Bay is a study in desirable contrasts. Built in 1983, it sits on a generous 6,395 sqft lot in the established Linden Woods neighbourhood. While its 1,626 sqft living area is modest compared to some larger homes on the street, this is balanced by a notably high assessed value relative to its immediate neighbours, suggesting quality construction, updates, or a premium lot location. Its appeal lies in offering solid value within a sought-after area—you’re acquiring a home that stands above average on its own street in terms of value, on a good-sized parcel of land, but without the footprint or upkeep of a maximized mansion. It would suit buyers looking for a established, mature neighbourhood who prioritize lot size and perceived value over sheer square footage, or those seeking a manageable home with room to potentially expand outdoors.
Frequently Asked Questions
1. Is the living space too small for the neighbourhood?
While below the street average, the home’s living area is still above the city-wide average. It represents a more efficient layout that may appeal to those wanting less interior maintenance without sacrificing the prestige and lot size of the area.
2. Why is the assessed value so high relative to the street?
A top-tier assessed value ranking on the street often indicates above-average finishes, renovations, or a particularly advantageous site (e.g., backing onto greenspace, superior layout). It’s a sign the property is considered a premium offering within its immediate peer group.
3. What does the 2019 sale price range tell me?
The historical sale price (CA$400k–450k) provides a benchmark for past market value. Comparing it to the current assessed value and recent area sales is crucial for understanding appreciation trends and current pricing strategy.
4. How does the age of the home (1983) affect things?
Homes from this era in Linden Woods are part of the neighbourhood’s core fabric. While some systems may be due for updates, the construction is typically solid, and the mature landscaping is a significant benefit you won’t find in newer subdivisions.
5. Who are the most likely comparable properties?
True comparables aren’t just nearby addresses. Look at homes with similar assessed values, even in different areas (like the listed examples on Vialoux or Elmhurst), to gauge what this property’s official valuation buys elsewhere in the city. This highlights its relative value within the broader market.