Property Overview: 465 Linden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 465 Linden Avenue in the Rossmere-B neighborhood presents a practical, entry-level opportunity in the Winnipeg market. Built in 1955, it is a modestly sized bungalow with 856 sqft of living space, which is below the average for both the street and the city. Its key appeal lies in its position as an affordable, established property with a decently sized lot of nearly 5,000 sqft. The municipal tax assessment value of $287,000 is notably below the Winnipeg average, suggesting a relatively lower property tax burden.
The home’s primary draw is its affordability and value within a mature, stable community. It suits first-time buyers or investors looking for a foothold in the market without a premium price tag. A thoughtful perspective is that while the living space is compact, the lot size is above average for the street, offering potential for outdoor enjoyment or future expansion, subject to approvals. Its "below average" size and assessment, often seen as drawbacks, are precisely what make it accessible. The home doesn’t stand out in rankings for size or assessed value, which indicates it’s a straightforward, no-frills property priced for function over prestige.
Section 2: Frequently Asked Questions
1. What is the likely price range for this home?
Based on comparable sales in the area from mid-2023, similar homes in Rossmere-B sold in the $300,000 to $350,000 range. The home’s assessed value for taxes is $287,000, but the market value is typically higher.
2. How does the size of this home compare to others?
At 856 sqft, the living area is smaller than most. It ranks in the bottom quarter for size on its own street and within the broader Rossmere-B community, making it one of the more compact options available.
3. Is the property tax assessment a good indicator of market value?
Not directly. The tax assessment of $287,000 is for municipal taxation purposes and is consistently below both local and city-wide averages. Actual market value is determined by recent sales of similar properties, which recent data suggests would be higher.
4. What are the positives of a 1955-built home?
Homes from this era in established neighborhoods like Rossmere-B often feature solid construction, larger lot sizes, and mature landscaping. However, it also means buyers should budget for potential updates to major aging components like roofing, plumbing, or windows.
5. How can I get exact historical sale prices for this address?
The website indicates that due to industry restrictions, precise MLS sale history is not publicly displayed. They offer an manual service where you can request the accurate sales data via email, which they will provide directly without using your information for marketing.