Property Overview: 52 Forestgate Avenue, Linden Woods
Key Characteristics & Appeal
This 1997-built home in Linden Woods offers a balanced and efficient package. With 1,919 sqft of living space, it sits above the city-wide average, providing ample room without being oversized. The lot of 5,263 sqft is more compact compared to others in the immediate neighbourhood, which translates to less yard maintenance—a potential plus for busy professionals or those seeking a low-maintenance lifestyle. Its assessed value is strong city-wide, indicating a solid underlying value proposition.
The appeal lies in its established, desirable neighbourhood combined with sensible, manageable proportions. It’s a home that offers space to live comfortably without the burden of excessive upkeep. It last sold in the $650k-$700k range in 2022, following a prior sale in the $450k-$500k range in 2019, showing a pattern of steady demand.
This property would suit a buyer looking for a move-in ready home in a mature, family-friendly area like Linden Woods, who prioritizes neighbourhood and functional living space over a sprawling yard. It’s also a sensible option for those mindful of property taxes, as its assessed value is moderate for the area.
Frequently Asked Questions
1. How does the lot size compare to neighbouring properties?
The lot is 5,263 sqft, which is below the average for both Forestgate Avenue and the broader Linden Woods area. This means a more manageable yard but less private outdoor space than some direct neighbours.
2. What does the sold price history indicate?
The home sold between $650,000 and $700,000 in 2022, a significant increase from its $450,000-$500,000 sale in 2019. This suggests strong appreciation in that period, consistent with broader market trends for well-located homes.
3. Is the living space considered large for Winnipeg?
Yes. At 1,919 sqft, the living area ranks in the top 13% city-wide, meaning it offers more space than the vast majority of homes in Winnipeg.
4. How can I find out the exact historical sold prices?
The listing service provides sold price ranges based on public data. To obtain the exact sale figures, you must request them directly via email from the site, as this information is not publicly disclosed in full detail.
5. What are the implications of the assessed value?
With an assessed value around $604,000, this home is ranked in the top 8% city-wide but is around average for Linden Woods. This typically means your property taxes will be in line with the neighbourhood standard, but you are getting a property that holds high value compared to the overall Winnipeg market.