Property Overview: 265 Linden Avenue, Winnipeg

Key Characteristics & Appeal

This 1948 home in Rossmere-B presents a straightforward opportunity centered on value and potential. At 672 sq ft, its living space is notably compact, ranking well below averages for the street, neighborhood, and city. This is reflected in its assessed value of $246k, which is also below local averages, suggesting a competitively priced entry point into the market.

The primary appeal lies in its lot size and value proposition. The 4,998 sq ft lot is on par with the street average, offering a generous outdoor space relative to the home's footprint—a notable feature in today's market. This property is best suited for first-time buyers, downsizers, or investors seeking an affordable foothold in a stable neighborhood. Its below-average price against area norms makes it a candidate for those willing to invest sweat equity or consider future expansions, where the existing lot size provides a clear advantage. A thoughtful perspective is that a smaller, well-maintained home on a good lot can offer lower utility costs and less maintenance, aligning with simpler, more efficient living.

Frequently Asked Questions

1. Is the price fair given the home's size?
The assessed value is below the average for Linden Avenue and Rossmere-B, which typically commands prices over $300k. The lower price directly correlates with the smaller-than-average living area, suggesting the market has already factored this in, potentially offering value for a buyer whose needs fit the footprint.

2. What does the lot size mean for a future addition or renovation?
With a lot size that matches the street average, there is significant potential to expand the living space, subject to local zoning and permit approvals. The existing large lot is a key asset that could offset the current limitations of the home's size.

3. How does the 1948 build year affect the property?
Built in 1948, the home is slightly older than the street and neighborhood averages. Buyers should budget for a thorough inspection common for homes of this era, focusing on foundational, electrical, and plumbing systems, while also appreciating the character and construction quality often found in mid-century builds.

4. Who are the typical neighbors, and what is the community like?
The provided comparable homes on Linden and nearby streets show a mix of similarly sized and valued properties from the same era, indicating a mature, established community. This often translates to stable property values and long-term residents.

5. Can I find out the exact historical sale prices?
Exact sale prices are not publicly displayed in detail. The listing indicates a sale occurred in September 2016 for an estimated range of CA$150k–200k. You can request the exact sales history directly from the listing provider by email.