Property Overview: 517 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This home at 517 Linden Avenue in Rossmere-B is a quintessential, well-established property that represents solid value in the Winnipeg market. Built in 1955, it offers 1,065 sqft of living space on a 4,992 sqft lot, with a current assessed value of $314,000. The data reveals its primary strength: consistency. Across nearly every metric—size, value, and age—it performs "around average" compared to its immediate street, neighborhood, and the wider city. This isn't a standout luxury property or a fixer-upper; it's a fundamentally sound and typical home for the area.
Its appeal lies in its stability and predictability. For a buyer, this means less risk of overpaying relative to the neighborhood and a clear understanding of what you're getting. The lot size is generous for the street, offering good outdoor space. A previous sale between $250,000-$300,000 in mid-2021 suggests a history of being a sought-after, fairly priced home.
This property would best suit pragmatic first-time buyers or downsizers seeking a move-in-ready home without unexpected premium costs. It’s also ideal for investors or buyers who value statistical reassurance over unique character, as the data confirms it aligns with community norms. A less obvious perspective is that a home ranking consistently average across the board can be a strategic purchase in a stable neighborhood, as it is less susceptible to market volatility than outlier properties.
Frequently Asked Questions
1. Is this home priced fairly compared to the neighborhood?
The assessed value of $314,000 is very close to the neighborhood average of ~$312,000, and its value ranks in the top 47% for Rossmere-B. This indicates it is assessed in line with, or slightly above, typical homes in the area, suggesting a fair market position.
2. How does the size of this home compare to others?
At 1,065 sqft, the living area is almost identical to the street (1,064 sqft) and neighborhood (1,047 sqft) averages. It is smaller than the Winnipeg city average, which is common for mature neighborhoods. You are getting a standard-sized home for this specific community.
3. What is the history of sales for this property?
Public records show it sold once in the last decade, between $250,000 and $300,000 in June 2021. For fully verified figures and a complete transaction history, you can request a manual lookup via email from the site.
4. Is the lot a good size?
Yes. At nearly 5,000 sqft, the lot is larger than the average for Linden Avenue (4,836 sqft). This is a positive differentiator, offering more outdoor space than many direct neighbors.
5. The home was built in 1955. What should I consider?
The build date is typical for Rossmere-B. While the core structure is proven, a standard home inspection is essential to evaluate the condition and age of major systems (like plumbing, electrical, and roof), which may be due for updates or replacement based on maintenance history.