Property Overview: 62 Foxmeadow Drive, Linden Woods
Key Characteristics & Appeal
This home at 62 Foxmeadow Drive presents a compelling proposition in Winnipeg’s Linden Woods neighbourhood. Built in 1988, it is a newer construction compared to most of the city, yet it holds a mature, established feel on its street. With 1,767 sqft of living space, it offers a comfortable size that is above average for Winnipeg overall but provides a more manageable footprint within its own desirable area—a potential sweet spot for those who want space without excessive upkeep.
The lot size of over 6,200 sqft is a significant asset, ranking well above average for the immediate street and city-wide. This suggests generous outdoor space for gardening, play, or entertaining, which is a premium feature. The home’s assessed value sits notably below the Linden Woods average, which could indicate an opportunity for a buyer to gain entry into the neighbourhood at a relatively accessible point, possibly with room to add value.
This property would suit a practical buyer looking for a established home in a sought-after family neighbourhood. It’s ideal for someone who values a larger yard and a home that is newer than the Winnipeg norm, but isn’t necessarily seeking the largest house on the block. It could appeal to first-time buyers moving into Linden Woods, downsizers wanting a manageable home with outdoor space, or investors attentive to the value of land and location.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,767 sqft, the living area is slightly above the average for Foxmeadow Drive itself but is below the broader Linden Woods average. This positions it as a comfortably-sized home within its immediate context, potentially offering a more efficient layout without being oversized.
2. What does the assessed value tell us?
The assessed value is significantly below the Linden Woods average. This doesn’t reflect the final sale price, but it can indicate that the property may be evaluated lower due to factors like updates needed or its specific size. For a buyer, it can sometimes signal a more attainable entry point into the neighbourhood.
3. Is the lot size a major feature?
Yes. The land area of 6,283 sqft is a standout characteristic, ranking in the top 18% on its own street. In a mature neighbourhood like Linden Woods, available land is finite, making a larger lot a valuable and less replaceable asset than the home’s interior square footage.
4. The home sold recently in 2024 and before that in 2020. Should that be a concern?
Recent sales activity requires context. It’s not inherently negative; the reasons could range from life changes to investment strategies. It does, however, provide clearer, more current market price data than many older listings, which is an advantage for research.
5. How does the 1988 build year affect the property?
Built in 1988, the home is newer than most in Winnipeg. This likely means construction methods and materials are more modern, but it also places it in an era where major components (like the roof, windows, or HVAC system) could be nearing the end of their typical lifespan and may warrant inspection.