424 Linden Avenue

Property Overview: 424 Linden Avenue, Winnipeg

Key Characteristics & Appeal

This 1,024 sqft home, built in 1956, presents a solid, no-frills opportunity in the Rossmere-B neighborhood. Its primary appeal lies in value and stability within a well-established community. The property’s municipal tax assessment of $360,000 is notably higher than the immediate area's average, suggesting it is viewed favorably relative to its neighbors, potentially due to updates, condition, or lot specifics. While the living space is on par with the local average, the lot size is more compact than others on the street, which may translate to less maintenance.

This home would suit practical, value-conscious buyers such as first-time homeowners looking for an entry point into a stable neighborhood, or investors seeking a manageable rental property. It’s less suited for those prioritizing expansive outdoor space or a brand-new build. A thoughtful perspective is that a higher assessment within an average-priced area can be a double-edged sword: it may indicate a well-maintained property, but buyers should confirm this justifies the potentially higher property taxes compared to nearby homes.

Frequently Asked Questions

1. How does the tax assessment value relate to the likely market price?
The $360,000 assessment is a key figure for calculating property taxes and often correlates with market value, but it is not an appraisal. The last recorded sale was between $300,000-$350,000 in late 2020, so market conditions and updates since then will determine the current listing price.

2. Is the smaller lot size a significant drawback?
At 4,260 sqft, the lot is below average for both the street and neighborhood. This means smaller yards, but also less upkeep. It could be an advantage for those seeking lower maintenance, but a limitation for those wanting extensive outdoor space, gardens, or future expansions.

3. What does the 1956 build year mean for a buyer?
Homes from this era often feature solid construction but will likely require updates to mechanical systems like plumbing or electrical. A thorough inspection is essential to understand the condition of the roof, foundation, and major systems, and to budget for any modernizations.

4. How does this home compare to others in Rossmere-B?
The data shows this home is very typical for Rossmere-B in terms of size and age. Its standout feature is its above-average tax assessment for the local area, which may signal better-than-average condition or finishes compared to immediate neighbors.

5. Where can I find accurate historical sale data?
The page indicates that precise sale history is not publicly displayed due to industry regulations. You can request this data directly via the email link provided on the property detail page to obtain verified sale prices from the vendor.