Property Overview & Key Characteristics
This home at 55 Forestgate Avenue presents a balanced offering in Winnipeg's Linden Woods neighbourhood. Its key appeal lies in its relative modernity and efficient use of space. Built in 2001, it is one of the newer homes on its street, offering more contemporary construction compared to many in the area. With 1,681 sqft of living space, it sits comfortably above the city-wide average, providing a practical footprint for daily life. The lot size of 5,555 sqft is notably generous for the immediate street, ranking in the top 20%, which allows for more private outdoor space than many of its direct neighbours.
The home’s assessed value positions it as a premium property city-wide but a more accessible option within the desirable Linden Woods area. This creates a unique value proposition: you gain entry to a sought-after community with above-average amenities and schools, but in a home that is newer and on a larger-than-typical lot for its specific street. It would suit practical buyers who prioritize location and a manageable yard over maximum square footage, or those looking for a modern(ish) home in an established neighbourhood without the premium for a brand-new build. The last known sale was in the $500k-$550k range in 2022.
Frequently Asked Questions
1. How does this home’s size compare to others in Linden Woods?
At 1,681 sqft, the living area is slightly below the neighbourhood average. However, its lot size is larger than most on Forestgate Avenue itself, suggesting a focus on outdoor space over interior square footage compared to nearby homes.
2. What does the assessed value tell me about this property?
The assessed value is above average for Winnipeg as a whole, reflecting the desirability of Linden Woods. Within the neighbourhood itself, however, it is below average, indicating it could be a relatively more affordable point of entry into this community.
3. Is a 2001-built home considered old or new for this area?
For Linden Woods, a 2001 build date is considered above average, placing it in the top 15% for year built. On its specific street, it is among the newest, which can be an advantage for systems, layout, and potential renovation needs.
4. Can I find out the exact historical sale price?
The provided sale price is an estimated range based on public data. The exact sale price from 2022 is available by request from the listing service via email, as they manually verify and provide this detail to interested parties.
5. What are the trade-offs of this property’s positioning?
The data suggests a balanced trade-off: you get a newer home on a larger lot for the street, but the interior living space is modest for Linden Woods. It’s a home that prioritizes lot size and newer construction within the community over having the largest floor plan.