Property Overview
This home at 26 Whidden Gate in Winnipeg's Linden Woods neighbourhood presents a compelling blend of space, established character, and relative value. Its key appeal lies in offering above-average living space on a good-sized lot within a mature, sought-after area. Built in 1989, it is one of the newer homes on its street, suggesting potentially fewer immediate major updates compared to older peers. The 2,064 sqft living area is notably spacious both for the immediate street and citywide, ranking in the top 9% across Winnipeg. While its assessed value is moderate for Linden Woods, it stands well above the city average, highlighting the premium of the location.
The property would suit buyers looking for a established family home in a prime neighbourhood without the footprint or price point of a brand-new or fully custom build. It’s ideal for those who value space and a mature streetscape over a brand-new construction, and for buyers who see potential in a home that may benefit from personal updates over time. The significant appreciation between its 2021 and 2023 sale prices indicates strong market confidence in the area.
Frequently Asked Questions
1. How does this home’s size compare to others in Winnipeg?
Very favourably. With 2,064 sqft of living area, this home is larger than approximately 91% of all comparable properties across the city, placing it in the top 9%. It offers substantial space for the price point.
2. The assessed value seems low. Is that accurate?
The assessed value of $63,100 is for municipal tax purposes only and is not an indicator of market value. Market value is determined by recent sales, like the 2023 sale in the $750k-$800k range. The assessment is useful for comparing relative value against neighbours.
3. What does the sale history tell us?
The home sold for an estimated $450k-$500k in 2021 and then $750k-$800k in 2023. This sharp increase likely reflects both strong market conditions and possibly significant improvements made by the previous owner. It underscores the property's rapid appreciation in a desirable area.
4. Is the lot size typical for Linden Woods?
At just over 6,000 sqft, the lot is slightly below the neighbourhood average (which is over 7,200 sqft) but is very close to the average for Whidden Gate itself. It provides a balanced yard space without excessive maintenance.
5. As a 1989 build, what should I consider?
While newer than many Winnipeg homes (built after ~77% of the city's stock), a 35-year-old home will have aging components. The roof, major systems, windows, and kitchen/bathrooms may be nearing or due for updates. A thorough inspection is essential to budget for potential renovations.