Property Overview: 23 Shoreline Drive, Linden Woods
Key Characteristics & Appeal
This home at 23 Shoreline Drive is a well-established property in the desirable Linden Woods neighbourhood. Built in 1989, it sits on a 7,762 sqft lot, which is spacious by city-wide standards but more intimate compared to some larger lots on its own street. With 2,662 sqft of living space, the home offers ample room, ranking above average for the city and within its affluent neighbourhood.
The primary appeal lies in its proven value and location. With an assessed value of $950,000, it sits comfortably within the top tier of homes across Winnipeg. Its recent sale history shows steady appreciation, having sold between $900k-$950k in 2020 and $800k-$850k in 2017. This isn't a flashy, brand-new build; its value is derived from a mature setting in a consistently sought-after area, a substantial lot offering privacy and outdoor space, and a size that accommodates family living without being excessive.
This property would best suit a buyer who values neighbourhood prestige and stability over a brand-new home. It’s ideal for someone looking for a "move-in ready" established home in a top school district, or a downsizer from a larger estate who still wants generous indoor and outdoor space. It also appeals to the value-conscious buyer who recognizes that a home from the late 80s often comes with larger lot sizes and mature landscaping that newer subdivisions can't match.
Frequently Asked Questions
1. How does this home's value compare to its neighbours?
Its assessed value of $950,000 ranks in the top 30% on Shoreline Drive itself, meaning it's above average for this premium street. When compared to all of Linden Woods, it ranks in the elite top 4%, and city-wide it's in the top 1%.
2. Is the lot size a disadvantage?
While the lot is below the average size for Shoreline Drive, it is still larger than the average lot in both Linden Woods and Winnipeg overall. It offers a balance of manageable upkeep with ample private outdoor space.
3. What does the year built (1989) mean for a buyer?
The home is older than most on its street. This suggests it may have renovation opportunities or deferred maintenance to consider, but also that it likely benefits from mature trees and settled infrastructure. Its construction date is actually newer than the city-wide average home.
4. What is the sales history and price trend?
The home sold in the $800k-$850k range in 2017 and the $900k-$950k range in 2020, indicating strong appreciation over that period. Exact sale prices are available upon request from the listing service.
5. Who are the most likely competing buyers?
Given its position, you can expect competition from established professionals and families seeking Linden Woods' amenities and schools, as well as possibly empty-nesters looking to downsize within the same prestigious area without sacrificing too much space.