Property Overview
This home at 34 Parkroyal Bay in Linden Woods is a study in contrasts, offering a unique position within its immediate neighbourhood and the wider city. Built in 1984, it sits on a 7,310 sqft lot with 1,896 sqft of living space. The data reveals a property that is modest in scale for its prestigious, established street, yet stands out as above-average when viewed from a city-wide perspective. Its appeal lies in this duality: it offers entry into a desirable, mature neighbourhood at a relative value, while still providing generous space compared to the Winnipeg average. The home last sold in the $650k-$700k range in 2022.
Key Characteristics & Ideal Buyer
The key characteristic here is location within the sought-after Linden Woods area, specifically on a quiet bay. While its living area and lot size are below the average for Parkroyal Bay itself, they are solidly average for Linden Woods as a whole and significantly above the Winnipeg average. This creates an opportunity. The home would perfectly suit a buyer who prioritizes neighbourhood character, lot size, and community amenities over having the largest house on the block. It’s an ideal fit for a growing family or professional seeking established gardens, mature trees, and a prime location without the premium price tag of a maximized, newer home on the same street. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—it offers the same great location and land as its neighbours, presenting a canvas for updates or an expansion, which could be a strategic long-term investment.
Frequently Asked Questions
1. Is this house small for the neighbourhood?
Yes, relative to its immediate neighbours on Parkroyal Bay. The data shows its living area and lot size rank in the bottom tier (top 96%) on its own street. However, it is average for the broader Linden Woods area and well above the city-wide average for home size.
2. What does the assessed value tell us?
The assessed value of $60,700 is low for the street but average for Linden Woods. It’s crucial to understand this is for municipal tax purposes and is not a market valuation. The 2022 sale in the $650k-$700k range is a far better indicator of its actual market value.
3. How does it compare city-wide?
From a Winnipeg perspective, this home stands out. Its living area and lot size are both in the top 15% of all city properties, meaning it offers more space than most homes available. This highlights the value of Linden Woods lots and the scale of homes typically found there.
4. What might explain the price change between 2020 and 2022?
The home sold for $500k-$550k in 2020 and then $650k-$700k in 2022. This significant increase likely reflects the strong market surge during that period, and possibly some updates or improvements made by the owners between sales.
5. Are the exact past sale prices available?
The listed prices are estimated ranges from public data. The page states you can request the exact, verified sold prices by emailing the site, which they provide manually without using your email for marketing.