Property Overview & Key Characteristics
This home at 58 Lindenwood Drive W in Linden Woods presents a compelling blend of space, location, and value. Its primary appeal lies in its exceptionally large lot—over 9,600 square feet—which ranks in the top 2% on its street. This offers rare potential for outdoor living, gardening, or future expansion in a mature neighbourhood. While the house itself, built in 1985, is slightly older and smaller in living area than many on the street, it sits on a property that is significantly larger than the city-wide average. Recent sold price history indicates strong and steady appreciation.
This property would suit buyers who prioritize land size over a brand-new home, such as growing families seeking room for kids and pets to play, or those with a vision for landscaping, a pool, or a sizable garden. It’s also a practical fit for value-conscious buyers looking in a desirable area, who see the lot as a long-term investment and are comfortable with a home that may benefit from personal updates.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,782 sqft, the living area is below the average for Lindenwood Drive W but remains above the overall Winnipeg average. The trade-off is the much larger lot, which is a standout feature.
2. What does the sold price history indicate?
The home has sold three times since 2019, with each sale price range increasing, showing consistent market growth. The most recent sale was between $650k-$700k in 2023.
3. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value for tax purposes is $63.40k, which is very low compared to recent sale prices. This is normal; market value is determined by recent sales and current demand, not municipal assessment for taxes.
4. What are the less obvious advantages of a larger, older lot?
Beyond space, a mature lot like this often has established trees and landscaping, providing privacy and a settled feel that newer subdivisions lack. It may also have fewer zoning restrictions typical of infill properties.
5. How can I get the exact historical sold prices?
The exact prices are not publicly listed. You can request them directly via the email button on the listing page. The service provides the accurate figures manually at no cost and without marketing spam.