Property Overview
59 Princewood Road is a well-established, spacious family home in Winnipeg's desirable Linden Woods neighbourhood. Built in 2003, its key appeal lies in its generous 2,033 sqft of living space, which ranks in the top 10% for size both on its street and city-wide. While the lot size is more compact compared to others in Linden Woods, this translates to less yard maintenance without sacrificing the neighbourhood's prestige and amenities. The home's assessed value is consistent with the local area, but its strong city-wide ranking suggests solid value relative to the broader Winnipeg market. Recent sale data indicates significant equity growth since its last sale in 2016.
This property is ideally suited for buyers seeking move-in-ready space in a mature, sought-after community. It fits families or professionals who prioritize interior square footage and a modern build year over a sprawling yard. Its balanced metrics—offering above-average space without an extreme premium—make it a practical choice for those looking for a comfortable, long-term home in a stable area.
Frequently Asked Questions
How does the lot size compare, and what does it mean for me?
The land area is more compact than the Linden Woods average. For many, this is a benefit: it means less time and money spent on landscaping and yard upkeep, while still providing private outdoor space. It’s a trade-off that prioritizes the home's interior living space.
What does the "above average" city-wide assessed value ranking indicate?
Ranking in the top 7% city-wide for assessed value, while being average for Linden Woods, highlights that you are buying into a premium neighbourhood. The value is anchored by the location, suggesting the home should hold its value well compared to properties across Winnipeg.
The home sold recently in 2025. What can be inferred from the price change since 2016?
The sold price range increased from approximately $450k-$500k in 2016 to $650k-$700k in 2025. This indicates strong appreciation over nine years. For a buyer, it underscores the neighbourhood's enduring appeal and market stability.
Are there any direct comparisons to nearby homes?
Yes. For example, 115 Lindmere Drive, built the same year with a similar assessed value but slightly less living space (1,850 sqft), is listed as "worth viewing." This suggests 59 Princewood Road offers a competitive or superior package in terms of space.
How can I get the exact historical sold prices?
The precise sale prices are not publicly listed. The site offers a manual service where you can provide your email to receive the exact figures directly, typically by the end of the same day, with a commitment not to use your information for spam.