Property Overview: 55 Thurston Bay, Linden Woods
Section 1: Key Characteristics & Appeal
This well-situated home in Linden Woods is a study in balanced, above-average fundamentals. Built in 2002, it is newer than most homes both locally and across Winnipeg, offering modern construction without being a recent build. With 1,685 sqft of living space, it provides ample room while maintaining a manageable scale. Its standout characteristic is its value positioning: the assessed value places it in the top 7% city-wide, suggesting a strong assessment relative to the broader market, yet it remains around average for its desirable Linden Woods neighbourhood and street. The lot size is smaller than most in Linden Woods, which translates to less yard maintenance—a practical perk for some.
The appeal lies in securing a home in a prime neighbourhood that performs well on key metrics without the premium of a maximized lot or the largest floor plan. It suits buyers looking for a move-in-ready home in an established area who prioritize a newer build year and efficient layout over expansive land. It would particularly resonate with professionals or small families seeking the Linden Woods lifestyle with a practical footprint, and for those who see the above-average city-wide assessment as a marker of solid underlying value.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the neighbourhood norm?
The land area of 4,957 sqft is below the Linden Woods average. This means a more manageable yard for maintenance, but less private outdoor space than some larger lots in the area.
2. The home sold between $550k-$600k in 2021. What does the current assessed value indicate?
The current assessed value of $61.90k (a municipal assessment, not a market price) places this property in the top 7% city-wide for assessment ratio. This can indicate strong municipal valuation fundamentals compared to most Winnipeg homes.
3. Is the living space typical for Linden Woods?
At 1,685 sqft, the living area is slightly below the neighbourhood average. It is, however, above the city-wide average, offering a comfortable size that may appeal to those seeking efficiency without sacrificing key amenities.
4. What is the significance of the 2002 build year?
Built in 2002, the home is newer than approximately 90% of homes in Linden Woods and 83% of homes city-wide. This suggests modern building standards and likely fewer immediate major repairs compared to older stock, while still being part of an established community.
5. Where can I see more detailed context about nearby properties?
A neighbourhood analysis map is available for this listing, allowing you to visually compare this property with nearby homes on metrics like year built, living area, and lot size.