148 Lindmere Drive

Linden Woods, Winnipeg

87.1

Excellent

Overall 87.1

Newer than most nearby homes

1,956 sqft (top 50%)

Built in 2004 (12 yrs newer than avg)

Located in a high-income area

with median household income of ~126k

Transit 76.0

6-min walk to transit with 4 nearby routes

Within 500m: 4 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Near average

3% smaller than neighborhood avg.

Year Built

Above average

12 yrs newer than neighborhood avg.

Mother tongue

English · 54%Chinese · 9%

Past 10 years Linden Woods sales snapshot (~80% of all data)

Sold Count

797

Median price

662.5k

$/sqft

$341/sqft

Avg build year

1992

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Property score

87.1 is composed by the two sections below.

Property Score

86.2Excellent
Living Area1,956 sqft92Excellent
Year Built200487Excellent
Lot Size5,211 sqft67Good
Neighbourhood Sales Activity71Good

Community Score

88.4Excellent
Household Income91Excellent
Education Level91Excellent
Housing Stress83Excellent
Core Housing Need88Excellent
Employment Health76Good

Neighbourhood Sales

Linden Woods

How to read: Share of sales in each ~$50k price band for “linden woods” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111228

Community deep dive

$126K

Median household income

$174K

Average household income

9%

Low income (LIM-AT)

0.3

Income inequality (Gini)

4.4

P90 / P10 ratio

16%

Single-person households

48%

Families with children

Population, labour & age

Population (2021)973
Labour force participation rate68%
Median age48.8
Avg household size3.0
Unemployment rate6%
Population density2162 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households16%
Couple families with children48%
Median household income (2020)$126K

Housing

Renter households8%
Condominium dwellings20%
Median dwelling value (owners)$528K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority37%
Bachelor's or higher (25–64)57%
Mother tongue (1st)English · 54%
Mother tongue (2nd)Chinese · 8%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,956 sqft
0255075100
Same streetTop 16%Same areaTop 50%CitywideTop 12%
Same street · Lindmere Drive
#12 / 77
Top 16% · Avg 1,729 sqft
Same area · Linden Woods
#1,283 / 2,550
Top 50% · Avg 2,023 sqft
Citywide · Winnipeg
#23,277 / 194,458
Top 12% · Avg 1,342 sqft

Tax-Assessed Value

Elite
650k
0255075100
Same streetTop 9%Same areaTop 36%CitywideTop 5%
Same street · Lindmere Drive
#7 / 77
Top 9% · Avg 600.9k
Same area · Linden Woods
#911 / 2,550
Top 36% · Avg 657.1k
Citywide · Winnipeg
#10,405 / 194,458
Top 5% · Avg 390.1k

Year Built

Elite
2004
0255075100
Same streetTop 6%Same areaTop 2%CitywideTop 15%

Lot Size

around average
5,211 sqft
0255075100
Same streetTop 45%Same areaBottom 4%CitywideTop 49%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

148 Lindmere Drive — 14 amenities found within 500 m, across 7 categories, including 4 dining (nearest 441 m), 1 healthcare (nearest 161 m), 2 shopping (nearest 167 m).

Search radius
🍽️Dining4
🏥Healthcare1
🛒Shopping2
🌳Parks2
💪Sports3
🏦Finance1
Fuel Stations1

Crime & Safety

Linden Woods · WPS public data · 2026

Annual incidents

16

2026

vs. city avg

-46%

relative to avg

Year-over-year

-95%

vs. prior year

Primary type

Property

81%

Sales History

Sold 8/2023CA$600k–650k
Sold price

Same street

Top 19%

Same area

Top 31%

City-wide

Top 6%
Sold 2/2018CA$500k–550k
Sold price

Same street

Bottom 37%

Same area

Bottom 31%

City-wide

Top 14%

Related homes

Highlights & common questions: 148 Lindmere Drive, Winnipeg

Property Overview: 148 Lindmere Drive, Linden Woods

Key Characteristics & Appeal

This home at 148 Lindmere Drive is a well-positioned property in Winnipeg's desirable Linden Woods neighbourhood. Built in 2004, it is a relatively newer home within its immediate area, ranking in the top 6% on its street for year built. With 1,956 sqft of living space, it offers above-average roominess compared to both the city-wide average and most homes on Lindmere Drive itself. The assessed value of $650,000 places it in an elite tier city-wide (top 5%), indicating a premium valuation.

The appeal lies in its strong, consistent performance across key metrics when compared to broader markets. It’s not the largest lot in Linden Woods, but it represents a modern, spacious home in a mature, sought-after area. This property would particularly suit buyers looking for a move-in ready home in a prime neighbourhood without the need for major updates, and who value a property that stands out in terms of assessed value and living space on a city-wide scale. It’s a solid choice for professionals or families seeking established community amenities with a home that has a contemporary foundation.


Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s $650,000 assessed value is above average for Lindmere Drive (top 9%) and elite compared to the entire city of Winnipeg (top 5%). This suggests it is a higher-valued property in a generally desirable area.

2. Is the lot size typical for Linden Woods?
At 5,211 sqft, the lot is around average for the street but below the average lot size for the broader Linden Woods neighbourhood. This is common for newer subdivisions within established areas, offering a lower-maintenance yard.

3. What does the sale history tell us?
The home sold between $600k-$650k in 2023, and previously between $500k-$550k in 2018. This indicates significant appreciation over that five-year period, aligning with its current assessed value.

4. How does the living space compare?
With 1,956 sqft, the home is more spacious than most on its street (top 16%) and significantly above the Winnipeg city average. It offers ample room without being an exceptionally large estate home.

5. You mention it’s “newer” – what does that mean contextually?
Built in 2004, it is newer than 94% of homes in Linden Woods and 85% of homes city-wide. For buyers, this often translates to modern building standards, materials, and systems, potentially reducing immediate repair costs compared to much older stock.

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