Property Overview: 32 Princemere Road, Linden Woods
Key Characteristics & Appeal
This 1,887 sqft home, built in 1986, sits on a generous 7,774 sqft lot in Winnipeg's desirable Linden Woods neighbourhood. Its primary appeal lies in the value of its land and location rather than the size of the house itself. While the living area is modest for the immediate street and neighbourhood, the property boasts a lot size that ranks well above average for the city and even for Linden Woods. This creates a notable opportunity: a home with ample outdoor space in a prime area, often appealing to those who value potential for expansion, gardening, or simply more private yard space.
The home last sold in the 2017 range of $500k-$550k and carries a current assessed value that places it in an elite tier city-wide (top 5%), yet is more in line with local averages. This contrast highlights the premium associated with the Linden Woods address. It would suit a buyer looking to enter this established neighbourhood who is comfortable with a home that may require updates or who sees value in the underlying land asset. It's a practical choice for those prioritizing location and lot size over immediate move-in size or modern finishes.
Frequently Asked Questions
1. Is the house too small for the neighbourhood?
The living area is below the average for Princemere Road and Linden Woods. This is a key consideration if you prioritize interior space relative to your neighbours, but it also can represent a more accessible entry point into the area.
2. Why is the city-wide assessed value ranking so high?
The "Elite" top 5% city-wide ranking primarily reflects the premium value of homes in Linden Woods compared to the broader Winnipeg market. It underscores the neighbourhood's desirability, rather than suggesting this specific home is exceptionally luxurious.
3. What can I do with such a large lot?
The lot is significantly larger than the city average. This offers potential for future additions, creating extensive garden or recreational space, or simply enjoying greater privacy and distance from neighbouring homes—a rare find in many urban areas.
4. The home was built in 1986. What does that imply?
As a home from the mid-80s, it likely has a functional layout but may require updates to key systems like roofing, windows, or HVAC. It falls into a period before many contemporary building standards, so a thorough inspection is advisable.
5. How accurate is the sold price history shown?
The listed sold price (2017, CA$500k–550k) is a public data range. For the exact historical sale price, you must request it directly via the provided email service, as this information is verified and supplied manually.