Property Overview: 840 Lindenwood Drive W, Linden Woods, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a compelling mix of space, modernity, and location. Its standout feature is the exceptionally large, nearly 10,000 sqft lot, ranking in the top 1% on its street and top 9% in the desirable Linden Woods neighbourhood. This offers rare potential for expansion, gardening, or private outdoor living. Built in 2005, the house is notably newer than most in the area, suggesting modern construction standards and potentially lower immediate maintenance. While the living area is more modest compared to some neighbours, its citywide assessment value ranks in the top 9%, indicating strong underlying value for Winnipeg overall. The appeal lies in securing a modern home on a premium lot in a established community. It would suit a buyer who prioritizes land size and a newer build over sheer interior square footage, perhaps a family planning future additions, or someone seeking a private outdoor oasis close to city amenities.
Frequently Asked Questions
1. How does the home's size compare to others?
The living area is below average for Linden Woods and its specific street, but is around the average size for a home across the entire city. The focus here is more on the land and the modern build year.
2. What does the "Elite" ranking for the lot and build year mean?
It means this property ranks in the top ~1-5% of comparable homes on that street for those metrics. Specifically, the lot size is among the three largest on Lindenwood Drive W, and the 2005 build date makes it one of the 13 newest houses on the street.
3. The assessed value seems high compared to the last sale price. Why?
The city's assessed value for taxation (currently $590k) is an estimate of market value and can differ from a specific sale price. The home last sold between $400k-$450k in 2020. Market changes, renovations, or different assessment methodologies can create this gap.
4. Who should consider requesting the exact sold price history?
This is particularly useful for serious buyers or sellers conducting precise market analysis to inform an offer or listing price, as the provided public data is a range.
5. Is the smaller living area a drawback?
It depends on your needs. For some, it may be a compromise. For others, it represents an opportunity to purchase into a premium neighbourhood at a potentially different price point, with the lot size and newer build offering value in other forms. It may also mean lower utility and property tax costs relative to larger homes on the street.