Property Overview & Appeal
This home at 75 Princewood Road in Linden Woods is a well-situated property that offers a balanced proposition. Built in 2003, it is notably newer than most homes in Winnipeg, placing it in the top 5% for its year of construction within the neighbourhood. With 1,582 sqft of living space, it sits comfortably above the city-wide average, offering more room than many homes, yet it is modestly sized for the Linden Woods area itself. This creates an interesting dynamic: you get the space and modern build of a newer home without the extreme lot size or premium associated with the largest homes in this desirable area.
Its appeal lies in this balance. It suits buyers seeking a modern build in a mature, established neighbourhood without requiring extensive upkeep or renovation. The assessed value is strong city-wide, suggesting good underlying value, yet it is positioned below the Linden Woods average, which could represent a relative entry point into the area. It would particularly suit young families or professionals looking for a turnkey home in a top neighbourhood, or downsizers who want a manageable footprint without sacrificing quality or location.
Frequently Asked Questions
1. How does this home’s size compare to others in Linden Woods?
At 1,582 sqft, the living area is below the neighbourhood average (which is around 2,023 sqft). This means it is a more moderately sized home for Linden Woods, often appealing to those who prefer easier maintenance or are entering the neighbourhood.
2. What does the sold price history indicate?
The home has sold three times since 2016, with each sale price range ranking in the top 6-25% city-wide, showing strong city-wide value appreciation. The last sale was in 2022 for an estimated $600k-$650k.
3. Is the assessed value high or low?
The assessed value of $60,200 is around average for Linden Woods but ranks in the top 8% across all of Winnipeg. This indicates the property holds significant value in a city-wide context, while being priced within the mainstream of its own neighbourhood.
4. How does the year built affect this property?
Built in 2003, the home is newer than 95% of homes in Linden Woods and 84% of homes city-wide. This is a key advantage, suggesting modern construction standards, fewer immediate major repairs, and potentially better energy efficiency.
5. Can I get the exact historical sold prices?
The listed prices are estimated ranges from public data. The exact sold prices are available by request via email from the listing service, which they provide manually without using your email for marketing.