Property Overview
This home at 838 Lindenwood Drive W in Winnipeg's Linden Woods neighbourhood presents a compelling mix of modern convenience and established value. Built in 2005, it is a notably newer construction compared to most homes on its street and across the wider area, suggesting updated building systems and less immediate need for major renovations. With nearly 2,000 sqft of living space, it offers ample room for a growing family or those who appreciate space, ranking above average for size city-wide. The assessed value is strong compared to the entire city, indicating a solid investment in a desirable area.
Its appeal lies in this balance: you get a relatively contemporary home in a mature, sought-after neighbourhood without the premium often attached to brand-new builds. The lot, while smaller than many in Linden Woods, is still a generous city-sized property and likely requires less intensive maintenance. This property would suit buyers looking for a move-in-ready family home in a prime location, who value modern infrastructure but want to be part of an established community with mature landscaping and amenities. It's also a sensible choice for those mindful of long-term value, as its city-wide rankings for year built and assessed value point to a well-positioned asset.
Frequently Asked Questions
1. How does the lot size impact the property?
While the land area is below the Linden Woods average, it is still a substantial lot by general city standards. This often translates to less yard work and lower maintenance costs, while still providing private outdoor space. It may also mean the home's footprint utilizes the lot efficiently.
2. The home sold between $500k-$550k in 2019. What does that tell us?
This past sale price, combined with the current assessed value, provides a benchmark for the home's market history. It suggests a history of value retention in the area. For accurate pricing strategy, comparing this to recent sales of similar, newer homes in Linden Woods is essential.
3. What are the advantages of a 2005 build in this area?
A home from 2005 benefits from modern construction codes, materials, and layouts (like open-concept designs), while being past the initial "shakedown" period where new construction flaws might appear. Key components like the roof, windows, and major systems are likely still within or approaching their mid-life, providing a predictable maintenance timeline.
4. The rankings show "Elite" for year built but "around average" for living area on the street. What does that mean?
This highlights the neighbourhood's composition. You are buying one of the newest homes on a street where the average home is older (average year built ~1990), but the living space is typical for the area. You're paying a premium for the home's age and condition, not for unusually large square footage.
5. Who might this property not suit?
Buyers seeking a very large lot for extensive gardening, pool installation, or maximum privacy from neighbours might find the below-average lot size for Linden Woods limiting. Similarly, those looking for a historic character home or a brand-new, custom-built property may prefer other options.