| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 2006 （20 years ago） | Top 61%230/379 Avg2008 Top 30%265/876 Avg1999 Top 35%9458/26841 Avg1990 118-240 Fairhaven Road: For Year Built. On Fairhaven Road, around average — Top 61%, rank 230 of 379, and comparable homes in that group average about 2008. in Linden Woods, above average — Top 30%, rank 265 of 876, and comparable homes in that group average about 1999. citywide, around average — Top 35%, rank 9458 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 904 sqft | Top 72%274/379 Avg1,186 sqft Top 63%555/876 Avg1,146 sqft Top 60%16195/26841 Avg1,042 sqft 118-240 Fairhaven Road: For Living Area. On Fairhaven Road, below average — Top 72%, rank 274 of 379, and comparable homes in that group average about 1,186 sqft. in Linden Woods, around average — Top 63%, rank 555 of 876, and comparable homes in that group average about 1,146 sqft. citywide, around average — Top 60%, rank 16195 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 24.10k | Top 90%341/379 Avg32.50k Top 62%541/876 Avg30.10k Top 46%12246/26841 Avg25.60k 118-240 Fairhaven Road: For Assessed Value. On Fairhaven Road, below average — Top 90%, rank 341 of 379, and comparable homes in that group average about 32.50k. in Linden Woods, around average — Top 62%, rank 541 of 876, and comparable homes in that group average about 30.10k. citywide, around average — Top 46%, rank 12246 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 250k | Top 68%257/379 Avg Around average same street Top 68% | Top 51%445/876 Avg Around average neighbourhood Top 51% | Top 42%11406/26841 Avg Around average Winnipeg Top 42% |
Property Overview: 118-240 Fairhaven Road, Linden Woods
Section 1: Key Characteristics & Appeal
This property is a 904 sqft home built in 2006, situated in Winnipeg’s desirable Linden Woods neighbourhood. Its primary appeal lies in its location, ranking in the top 5% of its street and the top 0% within the entire neighbourhood for desirability. The home presents a more compact living space compared to many in the area, which is reflected in its lower assessed value ($24.10k) and a previous sale price of $250k in early 2022.
This home would suit a first-time buyer, an investor, or someone seeking a lower-cost entry into a high-demand neighbourhood without the maintenance of a large house. Its appeal is pragmatic: it offers access to Linden Woods' amenities, schools, and reputation, but in a more manageable and potentially affordable package. A thoughtful perspective is that this property may represent a "land value play" in a premium area, where the value is heavily tied to the location itself rather than the size of the home. It could also be ideal for those who prioritize community and location over interior square footage.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the last sale price?
Assessed values in Manitoba are for tax purposes and often don't reflect current market value. The sale price of $250k in 2022 is a more accurate indicator of its recent market worth.
2. Is this a condo or a freehold house?
The listing does not specify a condo fee, and the "Garage: None" and "Basement: No" details suggest it is likely a freehold townhouse or a small detached home, but this should be verified.
3. The living area is smaller than most nearby homes. What does this mean for me?
It indicates a more efficient, likely easier-to-maintain property. While you gain the Linden Woods address, you’re trading interior space for that location. It’s crucial to ensure the layout and size meet your living needs.
4. The home is 20 years old. What should I check?
While newer than many area homes, a 2006 build is approaching key maintenance milestones. A thorough inspection should check the roof, HVAC system, windows, and any original appliances.
5. How do the "rankings" on this page work?
These rankings compare this specific property against others on its street, in Linden Woods, and across all Winnipeg. For example, its "Top 0% in neighbourhood" rank for location means its specific spot on Fairhaven Road is considered among the very best in Linden Woods.
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Address · Assessed Value