Property Summary: 54 Wingate Court, Linden Woods
Section 1: Key Characteristics & Appeal
This home at 54 Wingate Court is a study in contrasts, offering a compelling position within Winnipeg’s desirable Linden Woods neighbourhood. Its key characteristic is its above-average citywide assessed value ($540k vs. a $390k city average), indicating a solid investment in a premier area, while presenting a more modest footprint compared to its immediate neighbours. With 1,241 sqft of living space, it is notably smaller than most homes on its street and in Linden Woods overall, but aligns closely with the average Winnipeg home size.
The primary appeal lies in the opportunity to secure a home in a top-tier neighbourhood without the typical square footage premium, potentially offering better value per dollar for those who prioritize location over sheer size. Built in 2001, it is newer than most city homes and is among the newer properties on its block, suggesting modern construction standards. The lot size is standard for the area.
This property would ideally suit downsizers seeking a manageable home in a mature, established community, first-time buyers aiming to enter the Linden Woods market at a relatively accessible point, or value-focused buyers who see the long-term land and location value as paramount over immediate interior space.
Section 2: Frequently Asked Questions
1. Is this home a good value for Linden Woods?
The data suggests it may be. While its living area is below the neighbourhood average, its assessed value is also proportionally lower. For buyers who value the Linden Woods address, schools, and amenities but don’t require a large floor plan, it represents a strategic entry point.
2. How does the 2019 sale price relate to the current assessment?
The home sold for an estimated $400k–$450k in 2019. The current $540k assessment reflects the significant market-wide appreciation over the last five years and aligns with its strong standing relative to citywide property values.
3. What does "above average citywide but below average for the street" really mean for me?
It highlights the exclusivity of Linden Woods. This home offers the community benefits—parks, pathways, prestige—while being a comparatively smaller-scale property on a street of larger homes. You’re buying into the area, not necessarily matching the street’s typical footprint.
4. The home is 25 years old. What should I consider?
While newer than most Winnipeg homes, a 2001 build is entering a period where major components (roof, HVAC, windows) may be due for inspection or replacement. Its newer age relative to the city median is a positive, but a thorough inspection is recommended.
5. Who might this property not suit?
It may not suit families requiring multiple large bedrooms or extensive living space, or buyers seeking a home that matches the larger scale of its immediate neighbours. Those prioritizing maximum square footage for their budget might find better options in other neighbourhoods.