Property Overview
This 1,200 sqft home at 560 Linden Avenue in Winnipeg's Rossmere-B neighborhood presents a solid, well-positioned offering. Built in 1955 on a 5,058 sqft lot, it sits comfortably above average for its immediate street in terms of living space, lot size, and assessed value. It last sold in July 2023 for an estimated $300k–$350k.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positioning within its local context. On Linden Avenue, it ranks in the top 24% for both living area and lot size, meaning it offers more space than most direct neighbors. Its assessed value of $327k is also above the street average, suggesting it is perceived as a higher-quality asset on the block. While it aligns more closely with neighborhood and city averages overall, this indicates you're getting a home that stands out on its own street without an extreme premium.
It would suit practical buyers looking for a move-in-ready home in a stable area, who value space and a established streetscape. It’s particularly suited for those who appreciate a home that compares favorably to its immediate neighbors, offering a sense of relative value and substance. A thoughtful perspective is that its above-average metrics on the street level could provide a slight buffer in terms of resale appeal and pride of ownership compared to neighboring properties.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
At 1,200 sqft, the living area is larger than about 76% of homes on Linden Avenue and 84% of homes in the Rossmere-B neighborhood, making it a spaciously sized option in its local area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($327k) is used for municipal tax purposes. The home last sold for an estimated $300k–$350k in mid-2023, which aligns closely with this assessment, suggesting it is a reasonably current benchmark.
3. What does the "Around Average" city-wide ranking mean?
While the home stands out on its street, its size and value are typical when compared to all of Winnipeg. This can be positive, indicating it's not an outlier and should appeal to a broad range of buyers.
4. How can I find out the exact past sale price?
The site provides sold price ranges for non-members. To receive the exact sale figure, you must request it via email from the site administrators, who will manually look it up and send it to you.
5. The home was built in 1955. What should I consider?
The build date is typical for the street and area. Buyers should prioritize a thorough inspection to understand the condition and updates of major systems like plumbing, electrical, and the roof, which are common considerations for homes of this era.