323 Lindenwood Drive W

Linden Woods, Winnipeg

Property score

86.8

Excellent

Overall 86.8 · Smaller than most nearby homes

1,753 sqft (bottom 28%) · Built in 1988 (4 yrs older than avg)

Located in a high-income area with median household income of ~182k

Transit 70.0 · 1-min walk to transit with 1 nearby route · Within 500m: 4 parks, and 5 sports facilitys nearby

Living Area

Below average

13% smaller than neighborhood avg.

Year Built

Near average

4 yrs older than neighborhood avg.

Mother tongue

English · 70%Chinese · 7%

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

86.8 is composed by the two sections below.

Property Score

82.9Excellent
Living Area1,753 sqft86Excellent
Year Built198878Good
Lot Size6,363 sqft81Excellent
Neighbourhood Sales Activity71Good

Community Score

92.7Excellent
Household Income97Excellent
Education Level100Excellent
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health42Low

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: #46111027

Community deep dive

$182K

Median household income

$392K

Average household income

3%

Low income (LIM-AT)

0.4

Income inequality (Gini)

4.5

P90 / P10 ratio

9%

Single-person households

38%

Families with children

Population, labour & age

Population (2021)604
Labour force participation rate51%
Median age52.0
Avg household size2.8
Unemployment rate7%
Population density1184 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households9%
Couple families with children38%
Median household income (2020)$182K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$750K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority20%
Bachelor's or higher (25–64)65%
Mother tongue (1st)English · 70%
Mother tongue (2nd)Chinese · 7%

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

Rankings

Living Area

above average
1,753 sqft
0255075100
Same streetBottom 18%Same areaBottom 28%CitywideTop 19%
Same street · Lindenwood Drive W
#242 / 296
Bottom 18% · Avg 2,099 sqft
Same area · Linden Woods
#1,846 / 2,550
Bottom 28% · Avg 2,023 sqft
Citywide · Winnipeg
#36,773 / 194,458
Top 19% · Avg 1,342 sqft

Tax-Assessed Value

above average
565k
0255075100
Same streetBottom 23%Same areaBottom 21%CitywideTop 11%
Same street · Lindenwood Drive W
#229 / 296
Bottom 23% · Avg 617.6k
Same area · Linden Woods
#2,007 / 2,550
Bottom 21% · Avg 657.1k
Citywide · Winnipeg
#21,293 / 194,458
Top 11% · Avg 390.1k

Year Built

above average
1988
0255075100
Same streetTop 42%Same areaBottom 42%CitywideTop 24%

Lot Size

above average
6,363 sqft
0255075100
Same streetBottom 37%Same areaBottom 44%CitywideTop 25%

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

323 Lindenwood Drive W — 9 amenities found within 500 m, across 2 categories, including 4 parks (nearest 209 m).

Search radius
🌳Parks4
💪Sports5

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 6/2016CA$350k–400k
Sold price

Same street

Bottom 2%

Same area

Bottom 1%

City-wide

Top 35%

Related homes

Highlights & common questions: 323 Lindenwood Drive W, Winnipeg

Property Overview

This home at 323 Lindenwood Drive W in Winnipeg’s Linden Woods neighbourhood presents a specific value proposition. Built in 1988, it sits on a roughly 6,363 sqft lot, which is a comfortable, average size for the street and area. The 1,753 sqft living area is modest compared to other homes on Lindenwood Drive and within Linden Woods itself, placing it in the lower third for size in this immediate context. However, this perspective shifts when viewed city-wide, where both its lot and living space are above the Winnipeg average. The assessed value follows a similar pattern: it is below the average for the immediate area but ranks highly compared to the entire city. This creates an interesting dynamic—it’s a more compact home in a well-established, desirable neighbourhood.

The appeal here is largely about location and land. It offers entry into a sought-after community at a relative value point, likely appealing to buyers who prioritize neighbourhood prestige and lot potential over sheer interior square footage. It would suit downsizers seeking a manageable home in a prime area, or value-conscious buyers and investors who see the underlying lot and location as the primary assets, with the home itself representing a future renovation or redevelopment opportunity. It’s less suited for those needing ample, move-in-ready space for a large family.

Frequently Asked Questions

Is this house small for the neighbourhood?
Yes, relatively. At 1,753 sqft, its living area is below the average for both Lindenwood Drive and the broader Linden Woods area, meaning most immediate neighbours have larger homes.

Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value includes all property types across Winnipeg. The figure shown for this home is notably higher than the city average, indicating it holds significant value. The comparison showing it as “below average” is specifically against its peers in the Linden Woods area, where property values are generally higher.

What does the sold price history indicate?
Public records show it last sold between $350k and $400k in 2016. For an accurate, exact sold price, you can request it via email from the listing service.

How does the lot size compare?
The 6,363 sqft lot is fairly typical for the street and area, and is actually larger than the average lot across the entire city, offering good outdoor space.

Who would this property be best for?
It’s a strategic purchase. It best fits buyers who value the Linden Woods address and are comfortable with a home that may require updates or who see the lot itself as a long-term asset. It could also appeal to those looking to downsize within the neighbourhood without leaving the community.

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