Property Overview: 27 Ivorywood Cove, Linden Woods
Key Characteristics & Appeal
This home at 27 Ivorywood Cove is a well-positioned property in Winnipeg's desirable Linden Woods neighbourhood. Built in 2002, it offers a modern foundation relative to much of the city's housing stock. With over 2,000 square feet of living space on a generous 7,247 sqft lot, it provides ample room for family life. The data suggests a key appeal lies in its balanced, above-average metrics when viewed city-wide, particularly in living space and lot size, while representing a more typical offering within its own prestigious crescent and neighbourhood. This creates a value proposition: you acquire the Linden Woods location and a substantial, modern home without necessarily paying a premium for the absolute top-tier property on the street.
The property would suit buyers looking for established community amenities, spacious interiors, and a newer build in a mature, sought-after area. It’s ideal for families seeking stability and room to grow, or for professionals who value the neighbourhood's reputation and convenience. A thoughtful perspective is that this home represents the "solid centre" of Linden Woods—not the newest or largest, but a reliable and comfortable choice that has consistently held value in a prime location.
Frequently Asked Questions
1. How does this home compare to others on the street and in Linden Woods?
Within Ivorywood Cove itself, the home ranks around the middle for size, value, and lot area, but is one of the newer builds (top 14%). In the broader Linden Woods area, it sits comfortably above average in age and lot size. This indicates you're getting a newer property on a good-sized lot in a prime location.
2. What is the likely price range, based on history?
The property last sold between $550,000 and $600,000 in 2020. Current value would be influenced by market conditions since then, upgrades, and its assessed value trend. For the exact historical sold price, you can request details via email from the listing source.
3. Is the assessed value a reliable indicator of market value?
The assessed value ($63.60k for land and dwelling) is for municipal tax purposes and is typically much lower than market value. Its true usefulness is in comparison: this home's assessment is above average city-wide (top 6%), indicating it is considered a higher-value property by the assessment authority relative to most Winnipeg homes.
4. What are the advantages of a 2002-built home?
A home built in 2002 often benefits from modern construction standards, wiring for technology, and efficient floor plans, while being past the initial "shakedown" period where major new-build issues might surface. It strikes a balance between modern convenience and established maturity.
5. How can I genuinely compare this property to others?
Beyond square footage and bedrooms, review the public neighbourhood analysis map to visually compare lot placement, proximity to greenspace, and the profile of nearby homes. Also, consider how the home's "around average" standing on its own prestigious street might offer better value than a similar-sized home on a less desirable street in the same area.