91.5
Excellent
Property score
91.5
Excellent
Overall 91.5
Larger than most nearby homes
2,328 sqft (top 20%)
Built in 1994 (2 yrs newer than avg)
Located in a high-income area
with median household income of ~180k
Transit 70.0
1-min walk to transit with 1 nearby route
Within 500m: 3 parks, and 5 sports facilitys nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Above average
15% larger than neighborhood avg.
Year Built
Near average
2 yrs newer than neighborhood avg.
Mother tongue
English · 71%Chinese · 8%
Past 10 years Linden Woods sales snapshot (~80% of all data)
797
662.5k
$341/sqft
1992
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
91.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111168
$180K
Median household income
$180K
Average household income
4%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.8
P90 / P10 ratio
6%
Single-person households
54%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
397 Lindenwood Drive W — 8 amenities found within 500 m, across 2 categories, including 3 parks (nearest 76 m).
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%
Local garbage, recycling, and yard waste pickup schedule for 397 Lindenwood Drive W.
Garbage
monday
Recycling
monday
Yard Waste
monday b
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 4% | Top 10% | Top 2% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 43% | Top 40% | Top 8% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 397 Lindenwood Drive W, Linden Woods, Winnipeg
Section 1: Key Characteristics & Appeal
This well-established home in the desirable Linden Woods neighbourhood offers above-average living space in a prime citywide context. Built in 1994, the 2,328 sqft residence sits on a 6,024 sqft lot. Its key appeal lies in its proven, stable value within a sought-after community, evidenced by solid rankings among local peers. While the lot size is more modest compared to some immediate neighbours, the home itself is notably spacious, ranking in the top 5% for living area across the entire city. This creates an interesting dynamic: you're acquiring a larger-than-average home on a manageable, low-maintenance parcel in a premium area.
The property would best suit buyers who prioritize interior space and established neighbourhood charm over expansive outdoor grounds. It’s an ideal fit for growing families or professionals seeking a turnkey home in a top-tier school district with convenient access to amenities. The strong citywide rankings for both size and assessed value suggest a sound investment in a property that has consistently outperformed broader market averages.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The lot is 6,024 sqft, which is below the average for both Lindenwood Drive West and the wider Linden Woods area. This translates to less yard maintenance but also potentially less private outdoor space than some neighbouring properties.
2. What does the "Top 5% citywide" ranking for living area mean?
This statistic indicates that this home is larger than approximately 95% of all residential properties in Winnipeg. For buyers seeking substantial interior space, this is a significant advantage that sets it apart from the typical city home.
3. The assessed value seems low at $65,200. Is that the listing price?
No. The assessed value is for municipal tax purposes only and is not the market price. Historical sale data shows the home sold in the $750k-$800k range in 2022. The assessed value is a baseline metric used here to compare the property's relative value position against others.
4. Has the home's value increased?
Based on available sale price ranges, the home's market value increased notably between its 2020 sale (approx. $550k-$600k) and its 2022 sale (approx. $750k-$800k). This indicates strong appreciation during that period in this location.
5. Where can I see more detailed comparisons with nearby homes?
You can use the provided link to "Open neighbourhood map analysis" for an interactive visual comparison of this property against its immediate neighbours based on year built, living area, assessed value, and lot size.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
