Property Overview & Appeal
This well-situated home at 532 Linden Avenue in Winnipeg's Rossmere-B neighborhood presents a solid, above-average offering within its immediate area. Built in 1956, its 1,096 sqft living space and 5,060 sqft lot are both notably larger than many comparable homes on its street and in the community. A key standout is its tax-assessed value of $371,000, which ranks in the top 7% on Linden Avenue and top 6% in Rossmere-B, suggesting the property is viewed as a premium offering in its local market.
The appeal lies in its established neighborhood setting and its strong positional value relative to nearby homes. It suits practical buyers looking for a home with room to grow in a mature area, who appreciate a property that stands out in terms of assessed value and lot size on its block. It may also attract value-conscious investors or homeowners who recognize the advantage of owning one of the higher-assessed properties on the street, which can be a positive factor for long-term equity.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
The living area is slightly above average for both Linden Avenue and the wider Rossmere-B community. It offers more interior space than about 70% of homes in the immediate area.
2. The tax assessment seems high for the area. What does that mean?
While the assessed value is significantly higher than the street and community averages, it indicates the municipal assessment views this property as one of the more valuable in the locale. This can reflect lot desirability, improvements, or the home's condition, but it's important to differentiate this from market sale price.
3. What is the significance of the 2022 sale price range provided?
The data shows a sale occurred between $400,000 and $450,000 in June 2022. This historical price point, ranking in the top 5% for the street at that time, offers a benchmark for the property's market performance during a different interest rate environment.
4. The home was built in 1956. Should I be concerned about its age?
The build year is actually newer than the average home on Linden Avenue and in Rossmere-B. While due diligence for systems and structure is always recommended for any older home, it is a relatively younger property within this established neighborhood context.
5. How can I get exact historical sale price details?
The site notes that due to industry restrictions, precise MLS sale history is not displayed publicly. They offer an manual service where you can request the accurate sales data via email, which they will provide directly without marketing spam.