Property Overview: 23 Shorecrest Drive, Linden Woods
Key Characteristics & Appeal
This 1983-built home in the established Linden Woods neighbourhood presents a compelling mix of value and location. At 2,047 sqft, its living space is notably above the Winnipeg city-wide average, offering ample room for a family, yet it is one of the more modestly sized homes on its own prestigious street. This creates a unique position: you gain the address and community benefits of Linden Woods without the premium typically attached to its largest estates.
The home’s strongest appeal lies in its efficient use of space and land. The 7,610 sqft lot is generous by city standards and above average for the neighbourhood, offering great outdoor potential. Financially, the picture is attractive. The assessed value is elite city-wide (top 3%), suggesting strong underlying value, and past sales data indicates significant appreciation.
This property would suit a practical buyer seeking a prime neighbourhood without excessive square footage to maintain. It’s ideal for a growing family who values a large yard in a mature community, or for value-conscious professionals who understand that a slightly older home on a great street in a top area often represents a smarter long-term investment than a new build in a developing suburb.
Frequently Asked Questions
1. How does this home’s size compare to its neighbours?
While its living area is above the city average, it ranks in the bottom 20% for size on Shorecrest Drive itself. This means you’re buying into a street of generally larger, more expensive homes, which can be beneficial for property values, but this specific home is a more manageable size.
2. What does the “Elite” city-wide assessed value ranking mean?
This means the home’s government-assessed value is in the top 3% of all Winnipeg properties. In Linden Woods, it ranks above average (top 17%). This indicates the property holds significant value, likely driven by its location and lot, rather than just its interior square footage.
3. The home was built in 1983. Is that a concern?
The age is typical for the street but older than the Linden Woods average. Buyers should budget for updates consistent with a home over 40 years old. However, its construction date is actually newer than the median home city-wide, placing it in a mature but not historic category.
4. The lot seems large for the neighbourhood. Is that accurate?
Yes. The lot is above average for both the city and Linden Woods, though it is smaller than the typical lot on Shorecrest Drive. This suggests a desirable, sizable yard within the community.
5. Where can I see exact past sale prices?
The provided sale price ranges (e.g., $850k-$900k in 2022) are based on public data. The listing service offers to provide the exact sold price figures via a manual email request, which they aim to fulfill by the end of the same business day.