Property Overview: 264 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 264 Linden Avenue in the Rossmere-B neighborhood presents a specific and practical value proposition. Built in 1942, it is a modest, smaller-sized home at 576 square feet of living space, which is notably compact compared to most homes on its street, in the community, and across Winnipeg. The municipal tax assessment is $265,000, which is below the local and city averages, suggesting a relatively accessible entry point.
The primary appeal lies in its land and location. The lot is a generous 5,081 square feet, ranking in the top 9% for size on Linden Avenue. This creates a valuable contrast: a small home on a large lot in an established neighborhood. It suits buyers seeking affordability and land potential in a mature area. This could be a first-time buyer comfortable with a cozy footprint, an investor looking for a land-value play, or someone interested in a long-term property where the land itself is a key asset. Its below-average assessment and historically lower past sale price (between $200,000-$250,000 in 2017) highlight its role as a more economical option within the market, where the value may be more in the property's underlying potential than in its current structure.
Frequently Asked Questions
1. What does it mean that the living area is in the "bottom 1%" compared to other homes?
This indicates the home is significantly smaller than typical houses. It requires a lifestyle suited to compact living but often correlates with lower utility costs and less maintenance.
2. The tax assessment is below average, but the lot size is above average for the street. How does this affect value?
This combination often signals that the property's value is weighted more toward the land than the existing structure. It can be attractive for those who see long-term potential or who prioritize outdoor space over indoor square footage.
3. As a 1942 home, what should I be mindful of?
While the home is older than most on its street, many houses in Rossmere-B are of a similar vintage. A thorough inspection for aging infrastructure (like plumbing, electrical, and the foundation) is essential, as updates may be needed.
4. How reliable is the historical sale price shown from 2017?
The data is sourced from public records but is not from the MLS system. It provides a general ballpark figure for past value. For precise historical sale data, you must request it directly from the site via email, as noted in the disclaimer.
5. The home is described as "below average" in many categories. Is this a concern?
Not necessarily. It accurately sets expectations for a smaller, older home. Its appeal is niche: it offers affordability and a larger lot in a settled neighborhood. It's for a buyer whose priorities align with that specific trade-off, not for someone seeking an average-sized, move-in-ready house.