Property Overview: 263 Linden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,120 sqft home, built in 1957 on a 4,997 sqft lot, presents a solid, above-average offering within its established Rossmere-B neighborhood. Its primary appeal lies in its strong positional value. While its size is typical for Winnipeg overall, it stands out locally with an assessed value ($363k) ranking in the top 10% on its street and top 8% in the wider neighborhood, suggesting it is perceived as a premium property within this specific community context. The home is newer than many area comparables, adding to its appeal.
It would best suit buyers looking for a well-regarded, stable neighborhood home where the investment is backed by strong local comparables. It’s ideal for someone who values being above the neighborhood average in key metrics without venturing into the city’s highest price tiers. A thoughtful perspective is that its high assessed value relative to nearby homes sets a certain expectation for condition and updates; savvy buyers will weigh this against the actual sale price to determine value.
Section 2: Frequently Asked Questions
1. What does the "above average" assessed value ranking mean?
It means this home’s municipal assessed value is higher than 92% of comparable homes on its street and 92% in the Rossmere-B neighborhood. This often reflects factors like lot desirability, updates, or overall condition relative to immediate neighbors.
2. How recent are the sale price estimates shown?
Public data indicates estimated sale ranges between $300k-$350k in May 2021 and again in October 2020. Exact sale prices are not publicly disclosed in Manitoba but can be requested directly.
3. Is the living space considered large?
At 1,120 sqft, it is above the average for both Linden Avenue (1,064 sqft) and the Rossmere-B neighborhood (1,047 sqft), but is slightly below the Winnipeg city average for comparable homes.
4. How does the lot size compare?
The lot is just under 5,000 sqft, which is very typical for the street and neighborhood, but smaller than the average lot across Winnipeg.
5. The home was built in 1957. What should I consider?
While newer than many homes on the street (avg. 1951) and in the area (avg. 1955), it is still a mid-century property. Prospective buyers should plan for a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems.