18 Princewood Road

Linden Woods, Winnipeg

Property score

85.5

Excellent

Overall 85.5 · Smaller but newer than most nearby homes

1,656 sqft (bottom 20%) · Built in 2002 (10 yrs newer than avg)

Located in a high-income area with median household income of ~126k

Transit 86.0 · 5-min walk to transit with 4 nearby routes · Within 500m: 1 dining spot, 1 healthcare facility, 1 shop, and 2 parks nearby

Living Area

Below average

18% smaller than neighborhood avg.

Year Built

Above average

10 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

85.5 is composed by the two sections below.

Property Score

83.5Excellent
Living Area1,656 sqft83Excellent
Year Built200287Excellent
Lot Size6,838 sqft85Excellent
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
1,656 sqft
0255075100
Same streetBottom 45%Same areaBottom 20%CitywideTop 23%
Same street · Princewood Road
#11 / 20
Bottom 45% · Avg 1,689 sqft
Same area · Linden Woods
#2,034 / 2,550
Bottom 20% · Avg 2,023 sqft
Citywide · Winnipeg
#44,213 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
627k
0255075100
Same streetTop 35%Same areaTop 45%CitywideTop 6%
Same street · Princewood Road
#7 / 20
Top 35% · Avg 606.7k
Same area · Linden Woods
#1,138 / 2,550
Top 45% · Avg 657.1k
Citywide · Winnipeg
#12,240 / 194,458
Top 6% · Avg 390.1k

Year Built

above average
2002
0255075100
Same streetBottom 25%Same areaTop 10%CitywideTop 17%

Lot Size

above average
6,838 sqft
0255075100
Same streetTop 35%Same areaTop 41%CitywideTop 18%

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

18 Princewood Road — 9 amenities found within 500 m, across 6 categories, including 1 dining (nearest 439 m), 1 healthcare (nearest 297 m), 1 shopping (nearest 305 m).

Search radius
🍽️Dining1
🏥Healthcare1
🛒Shopping1
🌳Parks2
💪Sports3
🏦Finance1

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 5/2023CA$600k–650k
Sold price

Same street

Top 25%

Same area

Top 34%

City-wide

Top 6%
Sold 7/2020CA$500k–550k
Sold price

Same street

Top 50%

Same area

Bottom 38%

City-wide

Top 13%

Related homes

Highlights & common questions: 18 Princewood Road, Winnipeg

Property Overview & Appeal

This well-situated home at 18 Princewood Road in Linden Woods presents a balanced offering within a desirable neighbourhood. Built in 2002, its key characteristics are its solidly average-to-above-average metrics when viewed in a city-wide context. With 1,656 sqft of living space, it sits above the Winnipeg average, while its assessed value ranks within the top 6% citywide, suggesting strong underlying value for its category. The lot size of 6,838 sqft is also notably larger than the city average, offering good outdoor space.

The appeal lies in its position as a stable, established property in a sought-after area, without being an outlier in size or price on its own street. It suits practical buyers looking for a comfortable family home in a mature neighbourhood, who value space and a proven location over a brand-new build. A thoughtful perspective is that its "average" standing on the street could be a positive, indicating a predictable community character and less risk of over-improvement for the area. The recent sale history shows steady appreciation, pointing to its reliability as a home and investment.

Frequently Asked Questions

1. How does this home really compare to others in Linden Woods?
While its living area is slightly below the neighbourhood average, its assessed value and lot size are very competitive. It’s a home that holds its own in the area without being the largest, likely translating to a relatively efficient layout on a good-sized lot.

2. The assessed value seems low compared to recent sale prices. Why?
The assessed value (62.70k) is for municipal tax purposes and is not a market valuation. The much higher sale prices (500k-650k) reflect the actual market value. This discrepancy is common; the key takeaway is that its assessed value ranks highly citywide, indicating the property is considered valuable by tax assessors relative to most Winnipeg homes.

3. What does the sale history tell us?
The home sold in 2020 and again in 2023, with a price increase in that period. This suggests a stable and appreciating market for this specific property, though for exact sold prices, you need to request the details via email from the site.

4. Is the home older than others on the street?
Yes, at 24 years old (built 2002), it is slightly older than the average on Princewood Road. However, it is still newer than the average Winnipeg home and significantly newer than the city-wide average build year of 1966.

5. What are the most relevant comparable properties?
The listings for 107 and 115 Lindmere Drive are useful, as they are in the same neighbourhood, of similar age and size. The "similar assessed value" list is less helpful for market comparison, as it groups properties with the same tax assessment from across the city, not necessarily similar market values or neighbourhoods.

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