Property Overview: 97 Lindenwood Drive E, Linden Woods
Key Characteristics & Appeal
This home at 97 Lindenwood Drive E presents a distinct profile within the desirable Linden Woods neighborhood. Built in 1983, it is one of the area's older homes, sitting on a 6,096 sqft lot that is slightly more compact than some neighbors but still offers good outdoor space. With 1,222 sqft of living area, it is notably smaller than most homes on its street and in Linden Woods overall, ranking in the bottom tier for size locally. However, this perspective shifts citywide, where its size is much closer to the Winnipeg average.
The appeal here is nuanced. The $550,000 assessed value is high compared to the city median, but it is actually below average for Linden Woods and its specific street. This creates a potential opportunity: it is a more accessible entry point into a premier neighborhood known for its schools, parks, and established feel. The home would suit value-conscious buyers prioritizing location over square footage—perhaps first-time buyers aiming for a top-tier community, downsizers seeking to stay in the area, or investors attracted by the strong foundational value of a Linden Woods address. It’s a property for those who see the land and location as the primary asset, with the understanding that the home itself may be due for updates.
Frequently Asked Questions
1. Is this a good value for Linden Woods?
Based on assessed value, this home is priced below the average for both Linden Woods and its own street. For a buyer wanting into this neighborhood, it represents a lower financial threshold, though the living space is significantly smaller than typical homes here.
2. How does the home's size impact its value?
The living area is modest, especially for Linden Woods. This is the key factor keeping its assessed value lower than neighbors. It suggests the value is heavily weighted toward the lot and location, with potential to increase through expansion or renovation.
3. What does the sold price history indicate?
The home sold between $350,000–$400,000 in 2019. The jump to the current $550,000 assessment reflects the strong market appreciation for well-located properties, even of smaller stature, in the last several years.
4. Who might this property not suit?
Buyers needing substantial move-in-ready space for a growing family may find it cramped compared to other options in the area. It may also not appeal to those seeking a newer home, as it is among the older properties in this part of Linden Woods.
5. What is the immediate neighborhood like?
The listing shows very close proximity to other homes on Lindenwood Drive E, indicating a typical suburban lot layout. The "Nearby properties" data suggests a consistent, established streetscape with neighboring homes built around the same period.