Property Overview: 35 Lindenwood Place, Linden Woods
Key Characteristics & Appeal
This home at 35 Lindenwood Place presents a compelling opportunity in Winnipeg's sought-after Linden Woods neighbourhood. Its primary appeal lies in its generous proportions, offering over 2,500 sqft of living space—a size that ranks within the top 14% on its own street and the top 3% citywide. This spaciousness is complemented by an above-average lot size of approximately 7,565 sqft, providing ample outdoor room. Built in 1983, the property is one of the older homes in this specific area, which may appeal to buyers interested in established, mature landscaping and potential for updates. The assessed value is notably modest relative to the home's physical scale, especially when compared to the city average, which can indicate different possibilities depending on a buyer's perspective.
This property is well-suited for a few key buyer types. It’s ideal for growing families seeking space in a prestigious neighbourhood without the premium of a brand-new build, allowing budget for personal renovations. It also suits value-conscious buyers who prioritize lot size and square footage over a modern construction date, seeing the older vintage as a canvas for customization. A less obvious perspective is its appeal to those looking for long-term value; its elite citywide ranking for living area on a sizable lot in Linden Woods represents a foundational asset that is increasingly rare.
Frequently Asked Questions
1. Why is the assessed value significantly lower than the recent sold price range?
Assessed values in Manitoba are primarily for municipal tax purposes and often do not reflect current market value. The sold price range of $550k-$600k in 2024 is the relevant indicator of its market worth.
2. As an older home in the area, what should I consider?
Built in 1983, this home is older than most in Linden Woods. Prospective buyers should budget for potential updates to major systems like roofing, windows, or HVAC, and consider the style of the interior, which may benefit from modernization.
3. How does the lot size compare?
The lot is a strong feature, ranking above average for its size both on the street and citywide. It offers more outdoor space than many newer properties in the area, which is a key advantage for privacy, recreation, or gardening.
4. What does the "top 3% citywide" for living area mean?
This statistic means that, compared to all residential properties across Winnipeg, this home's living area is larger than approximately 97% of them. It highlights the home's exceptional interior space relative to the broader market.
5. How can I find out the exact past sold price?
The provided sold price is a range based on public data. The listing service offers to provide the exact figure via a manual email request, which they aim to fulfill by the end of the same business day.