43 Princewood Road

Linden Woods, Winnipeg

Property score

78.4

Good

Overall 78.4 · Smaller but newer than most nearby homes

1,220 sqft (bottom 1%) · Built in 2002 (10 yrs newer than avg)

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

Transit 86.0 · 4-min walk to transit with 4 nearby routes · Within 500m: 3 dining spots, 1 healthcare facility, 2 shops, and 2 parks nearby

Living Area

Below average

40% 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

78.4 is composed by the two sections below.

Property Score

71.7Good
Living Area1,220 sqft66Good
Year Built200287Excellent
Lot Size5,570 sqft74Good
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

around average
1,220 sqft
0255075100
Same streetBottom 1%Same areaBottom 1%CitywideTop 48%
Same street · Princewood Road
#20 / 20
Bottom 1% · Avg 1,689 sqft
Same area · Linden Woods
#2,530 / 2,550
Bottom 1% · Avg 2,023 sqft
Citywide · Winnipeg
#93,750 / 194,458
Top 48% · Avg 1,342 sqft

Tax-Assessed Value

above average
527k
0255075100
Same streetBottom 5%Same areaBottom 5%CitywideTop 16%
Same street · Princewood Road
#19 / 20
Bottom 5% · Avg 606.7k
Same area · Linden Woods
#2,433 / 2,550
Bottom 5% · Avg 657.1k
Citywide · Winnipeg
#30,576 / 194,458
Top 16% · Avg 390.1k

Year Built

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

Lot Size

around average
5,570 sqft
0255075100
Same streetBottom 20%Same areaBottom 11%CitywideTop 41%

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

43 Princewood Road — 13 amenities found within 500 m, across 7 categories, including 3 dining (nearest 434 m), 1 healthcare (nearest 253 m), 2 shopping (nearest 272 m).

Search radius
🍽️Dining3
🏥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 12/2024CA$500k–550k
Sold price

Same street

Top 42%

Same area

Bottom 39%

City-wide

Top 12%

Related homes

Highlights & common questions: 43 Princewood Road, Winnipeg

Property Overview

43 Princewood Road is a well-maintained family home in the established Linden Woods neighbourhood. Built in 2002, it offers a comfortable 1,220 sqft of living space on a 5,570 sqft lot. The home presents a practical opportunity in a desirable area, with a recent 2024 sale price in the $500k-$550k range.

Key Characteristics & Appeal

This home’s primary appeal is its position as a relatively affordable entry point into the sought-after Linden Woods community, known for its schools and amenities. The data reveals a nuanced picture: while the living space and lot size are modest compared to immediate neighbours on Princewood Road, the home is actually above average for its age and assessed value when compared to the entire city. This suggests a solid, no-frills property in a premium location.

It would suit first-time buyers or downsizers seeking the Linden Woods lifestyle without the premium for a larger, newer home. It’s a pragmatic choice for those who value community and location over sheer square footage, offering a chance to own a modern-enough home in a mature neighbourhood. A thoughtful perspective is that its "below average" metrics on its own street indicate a quieter, potentially more private lot compared to the larger estates nearby, while still benefiting from the same area advantages.

Frequently Asked Questions

1. Is this a good value for Linden Woods?
Yes, particularly for buyers prioritizing location. It sold below the typical price point for the neighbourhood, offering access to the community’s perks at a more accessible level.

2. How does the size compare to other homes?
At 1,220 sqft, it is smaller than most homes on its street and in Linden Woods overall. However, it is very close to the average home size across the entire city, indicating a standard, functional layout for a family.

3. What is the property’s condition given its age?
Built in 2002, the home is relatively modern and likely requires only routine maintenance, not major foundational or system overhauls common in much older properties.

4. Why is the assessed value so much lower than the sale price?
Municipal assessed value for taxation purposes often lags behind market value and is calculated using different criteria. The recent sale price is a far more accurate reflection of its current market worth.

5. Are there comparable homes nearby?
The listing references nearby properties on Princewood and Thurston Bay. For a true comparison of lot size, age, and value within the immediate area, using the provided neighbourhood analysis map tool is recommended.

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