Property Overview & Key Characteristics
This home at 221 Lindenwood Drive E in Winnipeg's Linden Woods neighbourhood presents a distinct profile. Its key appeal lies in a generous, above-average lot size of nearly 7,900 sqft, offering significant outdoor space that is a rarity compared to most city and neighbourhood properties. Built in 1988, it sits on a mature, established street. The living area (1,412 sqft) and municipal assessed value are modest relative to its immediate neighbours and Linden Woods overall, but align more closely with broader city-wide averages. Recent sale prices indicate stable value in the $500k-$550k range.
This property would suit a buyer who prioritizes land and location over square footage. It's ideal for someone looking to enter the desirable Linden Woods area, potentially at a different price point than larger homes on the street, and who values the potential of a sizable yard for gardening, play, or future expansion. It may also appeal to those comfortable with a home that offers a solid foundation in a prime location but might benefit from updates.
Frequently Asked Questions
1. How does this home's size compare to others in the area?
The living space is below the average for both Lindenwood Drive E and the wider Linden Woods neighbourhood, but is close to the average for the entire city. The lot size, however, is significantly larger than most nearby properties.
2. What does the assessed value tell me about the property taxes?
The municipal assessed value is notably lower than the recent sale prices. While this can suggest relatively lower property taxes, taxes are based on the mill rate and your assessed value. It's wise to confirm the actual tax amount, as sale prices and assessed values often differ.
3. The home has sold several times recently. Is that a concern?
The sales in 2019, 2021, and 2024 could indicate various scenarios, such as investor activity, quick upgrades and resale, or simply changing owner circumstances. It's not inherently negative, but reviewing the detailed listing history for each sale period is recommended to understand the context.
4. Is the larger lot a potential advantage?
Absolutely. A lot of this size in Linden Woods is uncommon and provides valuable outdoor space. It also offers future potential, such as for a significant addition, garden, or pool, subject to local zoning and bylaws.
5. How can I find out the exact past sale prices?
The provided sale prices are estimated ranges from public data. As noted on the detail page, you can request the exact sale prices by emailing the site administrators, who provide this information manually without marketing spam.