Property Overview
This home at 363 Lindenwood Drive W in Winnipeg's Linden Woods neighbourhood presents a compelling blend of space, established location, and value. Its primary appeal lies in its generous living area, which ranks within the top tier of homes both locally and city-wide, offering significantly more interior space than the average Winnipeg home. Built in 1988, it is a well-situated property in a mature, desirable area. The lot size is more modest compared to others on the street, which may appeal to buyers seeking lower outdoor maintenance without sacrificing indoor square footage. It last sold in the 2021 market for between $700,000 and $750,000.
Key Characteristics & Ideal Buyer
The home’s standout feature is its spacious 2,388 sqft layout, placing it in the top 20% on its street and an elite top 4% city-wide for living area. This is paired with an assessed value that also ranks highly, suggesting a strong perceived value for the space offered. The property suits buyers who prioritize ample interior room—ideal for growing families or those who desire dedicated home office or recreational spaces—within a proven neighbourhood. It’s a solid choice for someone looking for an established community over a new-build, who values a larger home footprint more than a large yard, and who appreciates a property with a clear, above-average standing in broader market comparisons.
Frequently Asked Questions
1. How does the lot size compare to neighbouring properties?
The land area of 5,838 sqft is below the average for both Lindenwood Drive W and the wider Linden Woods area. This means the yard is likely more manageable but may offer less private outdoor space than some immediate neighbours.
2. What does the "Elite" city-wide ranking for living area mean?
This indicates the home's interior square footage is larger than approximately 96% of all residential properties in Winnipeg. It highlights that the home offers a rare amount of space compared to the overall market.
3. The home was built in 1988. What should I consider?
As a home from the late 1980s, prospective buyers should pay attention to the age and condition of major systems like the roof, windows, HVAC, and plumbing during an inspection. The neighbourhood analysis map can provide context on the age of surrounding homes.
4. Why is there a range for the 2021 sold price?
The listed sold price range is based on publicly available data. To obtain the exact historical sale price, you can request it directly via the provided email service.
5. How does the assessed value relate to market value?
The assessed value of $70,600 is for municipal tax purposes. Market value is determined by current supply, demand, and recent sales of comparable homes. The home's last sale price and its high ranking in assessed value against peers suggest it has been a high-value property in its class.