Property Overview: 255 Linden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 255 Linden Avenue in Rossmere-B is a compact, character property built in 1929. Its key defining characteristic is its modest 683 sqft living area, which is notably smaller than most homes on its street, in the neighborhood, and across Winnipeg. This is balanced by a near-average lot size of just under 5,000 sqft for the area. The municipal tax assessment is $263,000, which is below local and city averages.
The primary appeal lies in its position as a potentially accessible entry point into the Winnipeg market. It suits first-time buyers, downsizers, or investors seeking a lower-priced asset with land value. The below-average tax assessment suggests a correspondingly lower purchase price and ongoing property tax burden. A thoughtful perspective is that a smaller home on a standard lot presents a clear opportunity: the value is anchored in the land, and the existing structure offers a manageable footprint for renovation or potential future expansion, subject to approvals. It’s a practical choice for those comfortable with a cozy layout or viewing the property as a long-term value-adding project rather than a move-in-ready showcase.
Section 2: Frequently Asked Questions
1. Is this a "tiny home"?
Not exactly. While its living space is significantly below average, it is a standard detached home from the 1920s. The lot size is typical for the neighborhood, meaning the small structure is a feature of this particular property, not a modern minimalist design.
2. Why is the tax assessment relatively low?
The assessment is based on factors including the home's age, smaller size, and recent comparable sales. Its value ranks in the bottom third of its own street, reflecting these characteristics. This typically translates to a lower asking price and lower annual property taxes.
3. What should I consider about a 1929 build?
Homes of this age require careful attention to foundational, electrical, and plumbing systems, which may be original or outdated. While they offer charm, a thorough inspection is essential to understand the condition and potential need for updates or repairs.
4. How reliable are the past sale prices shown?
The site provides estimated sale price ranges (e.g., $200K-$250K in 2021) from public data, noting it is not guaranteed MLS data. For precise historical sale figures, you must request the information directly from the site via email.
5. The house is small, but is the lot usable?
Yes. The lot is approximately 5,000 sqft, which is standard for the area and larger than the footprint of the house itself. This provides decent outdoor space for gardening, recreation, or adding a shed or deck, which adds to the property's utility and value.