487 Lindenwood Drive W

Linden Woods, Winnipeg

Property score

91.9

Excellent

Overall 91.9 · Larger and newer than most nearby homes

2,654 sqft (top 8%) · Built in 2002 (10 yrs newer than avg)

Located in a high-income area with median household income of ~160k

Transit 70.0 · 2-min walk to transit with 1 nearby route · Within 500m: 5 parks, and 5 sports facilitys nearby

Living Area

Above average

31% larger than neighborhood avg.

Year Built

Above average

10 yrs newer than neighborhood avg.

Mother tongue

English · 69%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

91.9 is composed by the two sections below.

Property Score

91.9Excellent
Living Area2,654 sqft98Excellent
Year Built200287Excellent
Lot Size6,223 sqft81Excellent
Neighbourhood Sales Activity71Good

Community Score

91.8Excellent
Household Income95Excellent
Education Level100Excellent
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46111169

Community deep dive

$160K

Median household income

$200K

Average household income

8%

Low income (LIM-AT)

0.4

Income inequality (Gini)

5.3

P90 / P10 ratio

8%

Single-person households

50%

Families with children

Population, labour & age

Population (2021)1,267
Labour force participation rate58%
Median age46.4
Avg household size3.1
Unemployment rate4%
Population density2695 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households8%
Couple families with children50%
Median household income (2020)$160K

Housing

Renter households3%
Condominium dwellings0%
Median dwelling value (owners)$600K

Diversity, education & language

Immigrants (share of pop.)26%
Visible minority32%
Bachelor's or higher (25–64)70%
Mother tongue (1st)English · 69%
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

Elite
2,654 sqft
0255075100
Same streetTop 9%Same areaTop 8%CitywideTop 2%
Same street · Lindenwood Drive W
#26 / 296
Top 9% · Avg 2,099 sqft
Same area · Linden Woods
#194 / 2,550
Top 8% · Avg 2,023 sqft
Citywide · Winnipeg
#3,950 / 194,458
Top 2% · Avg 1,342 sqft

Tax-Assessed Value

Elite
760k
0255075100
Same streetTop 3%Same areaTop 11%CitywideTop 3%
Same street · Lindenwood Drive W
#10 / 296
Top 3% · Avg 617.6k
Same area · Linden Woods
#283 / 2,550
Top 11% · Avg 657.1k
Citywide · Winnipeg
#5,349 / 194,458
Top 3% · Avg 390.1k

Year Built

above average
2002
0255075100
Same streetTop 10%Same areaTop 10%CitywideTop 17%

Lot Size

above average
6,223 sqft
0255075100
Same streetBottom 34%Same areaBottom 40%CitywideTop 27%

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

487 Lindenwood Drive W — 10 amenities found within 500 m, across 2 categories, including 5 parks (nearest 308 m).

Search radius
🌳Parks5
💪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 5/2024CA$800k–850k
Sold price

Same street

Top 4%

Same area

Top 8%

City-wide

Top 2%
Sold 5/2020CA$600k–650k
Sold price

Same street

Top 32%

Same area

Top 30%

City-wide

Top 5%
Sold 2/2018CA$600k–650k
Sold price

Same street

Top 30%

Same area

Top 29%

City-wide

Top 5%

Related homes

Highlights & common questions: 487 Lindenwood Drive W, Winnipeg

Property Overview: 487 Lindenwood Drive W, Linden Woods

Key Characteristics & Appeal

This home is a standout for its spaciousness and premium valuation within a desirable, established neighbourhood. Built in 2002, it offers modern construction while being part of a mature community. The primary appeal lies in its generous 2,654 sqft living area, which ranks in the top 9% on its street and top 2% city-wide, indicating significantly more space than most Winnipeg homes. This is complemented by an elite assessed value of $760k, placing it in the top 3% both locally and city-wide, a marker of its perceived quality and desirability.

The property suits buyers looking for a move-in ready, spacious family home in a prime area without needing a new build. Its recent sale history shows consistent and strong value growth. A thoughtful perspective is that while the lot size is around average for the area, the home's value is clearly driven by the interior volume and quality, appealing to those who prioritize living space over extensive yard maintenance. It’s an ideal fit for professionals or growing families seeking established prestige, excellent schools, and community amenities, with the trade-off being a higher price point reflective of its top-tier status.

Frequently Asked Questions

1. How does this home’s value compare to nearby properties?
With an assessed value of $760k, this home is in the elite top 3% on its street and city-wide. Recent sale prices also place it in the top 4% of sales on Lindenwood Drive W, confirming its premium market position.

2. Is the lot size typical for the area?
Yes. The 6,223 sqft lot is around the average for both Lindenwood Drive W and the broader Linden Woods neighbourhood, indicating the home’s value is derived more from its size and quality than from an unusually large parcel of land.

3. What does the sale history tell us about the property’s market performance?
The home has sold three times since 2018, with each sale price range placing it in the top tier of the market for that period. The increase from the $600k-$650k range in 2020 to $800k-$850k in 2024 demonstrates strong appreciation.

4. How modern is the home compared to others nearby?
Built in 2002, it is newer than most. It ranks in the top 10% for year built on its street, meaning it is among the newest 10% of homes on Lindenwood Drive W, offering more contemporary layouts and systems.

5. How can I find out the exact historical sold prices?
The precise sold prices are not published publicly. You can request the exact figures via email from the listing source, which provides them manually without using your contact information for unsolicited marketing.

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