Property Overview: 395 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This 1,290 sqft bungalow on a 4,497 sqft lot in Rossmere-B presents a compelling value proposition. Built in 1951, its key appeal lies in its above-average living space for both its immediate street and neighborhood, ranking in the top 10-16% locally, while being priced below area averages. The assessed value of $286k is notably lower than comparable homes on the street ($309.5k avg), in the neighborhood ($311.9k avg), and city-wide ($390.1k avg). This suggests potential value for a buyer comfortable with a home from this era. The lot size is modest for the area but typical city-wide.
The home suits practical buyers looking for more interior space without a premium price tag, particularly those interested in Rossmere-B. It represents an opportunity to own a larger-than-average home for the neighborhood at a below-average cost, ideal for someone prioritizing square footage over a large yard or newer construction. A thoughtful perspective is that its lower assessment could indicate room for cosmetic updates, appealing to buyers with renovation plans who see value in the existing structure and layout.
Frequently Asked Questions
1. Why is the assessed value below neighborhood and street averages?
While the exact reasons aren't specified, a below-average assessment for an above-average sized home can sometimes relate to the home's condition, specific features, or updates needed compared to peers. It's a key point for further investigation.
2. How reliable is the sold price data shown?
The listed sold price range (CA$200k–250k) for September 2022 is based on publicly available data, not MLS records. For fully verified and exact historical sale figures, you must request a manual lookup from the site.
3. What does the "Around Average" city-wide ranking for living area mean?
While the home is spacious for its neighborhood, its 1,290 sqft size is slightly below the Winnipeg average of 1,342 sqft for comparable homes. This highlights that its size is a standout feature locally, not necessarily city-wide.
4. Are homes from 1951 a concern?
A 1951 build is typical for the street. Buyers should anticipate systems (like plumbing, electrical, and insulation) common to that era and budget for potential updates or thorough inspections.
5. What is the immediate neighborhood like?
The listing shows nearby properties are a mix of similar bungalows from the same period, with varying sizes and values. This suggests a stable, established area without extreme outliers, which can be positive for consistent property values.