Property Summary: 23 Ivorywood Cove, Linden Woods

Section 1: Key Characteristics & Appeal

This home, built in 2002, presents a compelling opportunity in Winnipeg's desirable Linden Woods neighbourhood. Its primary appeal lies in its balanced and above-average positioning across key metrics. With 1,884 sqft of living space, it offers a practical, family-sized layout that is competitively sized for the street and area. The standout feature is the generous 10,100 sqft lot, which is significantly larger than typical city and neighbourhood lots, offering exceptional outdoor space and privacy potential.

The property’s assessed value ranks in the top tier locally and citywide, suggesting a solid foundation of perceived value. A less obvious perspective is that this home, while not the largest in interior space on its street, pairs a very manageable floor plan with a premium-sized yard—a combination that can be harder to find and often represents better long-term value than a larger house on a standard lot. It would suit buyers looking for a well-established, mature property in a sought-after area, prioritizing lot size and outdoor potential over maximizing interior square footage. It’s an ideal fit for a family seeking space for children or gardens, or for anyone who values room to expand or enjoy outdoors without moving to a rural setting.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its last sale?
The home sold in 2021 for an estimated $650k-$700k. Its current assessed value of $68.90k (a municipal assessment figure, not a market price) ranks in the top 4% citywide, indicating strong appreciation fundamentals since its last sale.

2. Is the living space smaller than average for the area?
At 1,884 sqft, the living area is slightly below the immediate Linden Woods average but remains competitive. The trade-off is a lot size that is substantially above average, offering a different kind of space and value.

3. What does the "Elite" citywide ranking for assessed value mean?
This ranking means the property’s municipal assessed value places it in the top 4% of all residential properties in Winnipeg. This typically reflects a combination of lot size, location, building quality, and market conditions, signaling a high-value asset within the broader city market.

4. The home is 24 years old. What should I consider?
Built in 2002, the home is newer than over 80% of Winnipeg houses. This age suggests major components like the roof, windows, and HVAC system may be entering or are in their typical replacement window, so a thorough inspection is advised to budget for potential updates.

5. How can I get the exact historical sold price?
The precise sale price is not publicly listed. You can request it directly via the email prompt on the listing page. The service provides the accurate figure manually, typically by the end of the same business day, without using your email for marketing.