Property Summary: 580 Linden Avenue, Winnipeg
Key Characteristics & Appeal
This 1,006 sqft bungalow, built in 1955 on a 5,057 sqft lot in Rossmere-B, presents a solid, value-oriented opportunity. Its primary appeal lies in its strong positioning within its immediate context. The home's assessed value of $336k is notably above average for both its street and neighborhood, suggesting it is a well-regarded property among its direct peers. The lot size is also above average for the street, offering good outdoor space. While the living area is typical for the area, it is modest by broader Winnipeg standards.
This property would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a stable, established neighborhood over a larger or newer home. It’s for someone who understands that a home's value is often most accurately reflected by how it compares to its immediate neighbors, where this house stands out positively, rather than by citywide averages where it appears more ordinary.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value is above the local average, ranking in the top 20-22% on its street and in the Rossmere-B neighborhood. This indicates it is likely viewed as a higher-quality asset in its direct market area.
2. What does the sale price history show?
Public data suggests it last sold between $350k-$400k in August 2023. This recent sale range is in the top 10-11% for the local area, confirming a strong market value relative to nearby homes.
3. Is the living space smaller than typical Winnipeg homes?
Yes. At 1,006 sqft, it is below the Winnipeg average. However, it is very much on par with the typical size of homes on Linden Avenue and in the Rossmere-B neighborhood, which average 1,064 sqft and 1,047 sqft respectively.
4. What are the potential considerations for a 1955 home?
Built in 1955, the home is of a typical vintage for the area. Buyers should budget for updates common to houses of this era, such as windows, roofing, or mechanical systems, while also appreciating the character and established lot that often come with a mid-century property.
5. How does the lot size benefit a buyer?
At over 5,000 sqft, the lot is larger than most on Linden Avenue. This provides valuable extra outdoor space for gardening, recreation, or future expansion, which is a key asset not fully reflected in the living area square footage.