Property Overview: 540 Linden Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 540 Linden Avenue in the Rossmere-B neighborhood presents a solid, above-average offering within its immediate area. Built in 1961, it is notably newer than many homes on its street and in the wider community. With 1,240 sqft of living space, it provides more room than most comparable local properties. Its municipal tax assessment of $372,000 is significantly higher than the local averages, suggesting official recognition of its relative value or condition within the context of Rossmere-B.
The primary appeal lies in its strong positional standing within a well-established neighborhood. It's a property that outperforms its direct peers on key metrics like size, age, and assessed value, offering a sense of relative premium in a mature setting. The lot size of just over 5,000 sqft is generous for the street.
This home would suit practical buyers looking for a move-in-ready property in a stable, no-surprises area of Winnipeg. It’s ideal for someone who values space and a newer build (for the area) over a brand-new subdivision home, and who appreciates a property that already holds a strong, above-average position in its micro-market. A thoughtful perspective is that its high tax assessment relative to the area could be a double-edged sword, indicating value but also resulting in a correspondingly higher property tax bill than neighbors with similar-sized homes.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it consistently ranks in the top 10-20% on its street for living space, assessed value, and building age. Compared to the broader Rossmere-B community, it remains in the top 12% for size and top 6% for assessed value, confirming its standout status in the immediate locale.
2. What does the tax assessment being higher than the area average indicate?
A higher municipal assessment typically reflects factors like lot value, living area, building condition, and improvements. It suggests the city views this property as more valuable than many around it, which can be positive for equity but also means property taxes will be higher than if the assessment were at the community average.
3. The home was last sold in 2019. Is there more detailed price history?
The public data shows a sale in April 2019 within the $300,000-$350,000 range. For precise historical sale prices and a complete transaction history, you must request the information directly from the listing provider, as this data is not publicly displayed in detail due to industry regulations.
4. Is the lot size a major feature?
At 5,059 sqft, the lot is larger than the average on Linden Avenue but is close to the typical size for Rossmere-B and slightly below the Winnipeg average. It offers a good backyard space for the neighborhood without being an exceptionally large or rare parcel.
5. The home is from 1961. What should I consider?
While it's newer than many homes in Rossmere-B (average year built ~1955), it is still over 60 years old. This underscores the importance of a thorough inspection to understand the condition and age of major systems like plumbing, electrical, and the roof, even if the property is in good relative standing.