Property Overview: 518 Linden Avenue, Winnipeg

Key Characteristics & Appeal

This home at 518 Linden Avenue in Rossmere-B presents a solid, middle-of-the-road offering in the Winnipeg market. Built in 1955, its 1,076 sqft living area and $318k assessed value are consistently "around average" when compared to its immediate street, neighborhood, and the wider city. This consistency suggests a property that aligns with local norms rather than standing out as an exception.

The primary appeal lies in its stability and the value of its lot. While the house itself is typical for the area, the 5,061 sqft lot size ranks in the top 20% on Linden Avenue, offering above-average outdoor space for the street—a potential perk for gardening, expansion, or simply more private yard space. The home last sold for an estimated $350k–$400k in late 2023, a price point that performed well against local comparables.

This property would suit pragmatic buyers seeking an established neighborhood without extreme highs or lows. It’s a sensible choice for first-time homeowners or those downsizing who prioritize a manageable, traditionally-sized home on a good-sized lot. It appeals to those who find comfort in data, as the metrics show a home that is neither a standout bargain nor an over-improvement for its surroundings.

Frequently Asked Questions

1. Is this house a good value compared to its neighbors?
The data suggests it is very typical. Its assessed value, size, and age all rank near the median for both Linden Avenue and the Rossmere-B neighborhood, indicating it is priced in line with the local market rather than being under or over-valued.

2. What are the less obvious advantages of this property?
The lot size is a key asset. It's larger than most on its street, which could provide more privacy, landscaping potential, or future expansion options than neighboring homes. Additionally, its consistent "average" rankings across categories may indicate lower property tax volatility compared to homes that are outliers.

3. What type of maintenance should I anticipate?
As a home built in 1955, prospective buyers should budget for updates common to houses of that era. This could include the roof, windows, plumbing, or electrical systems. A thorough inspection is recommended to understand the condition of these major components.

4. How does it compare to Winnipeg as a whole?
Citywide, this home sits below the average for living area and assessed value, meaning it offers a more affordable entry point into single-family home ownership in Winnipeg while still providing the space and lot size of an established neighborhood.

5. Where can I see more detailed comparisons?
You can view an interactive neighborhood analysis map to see this property in direct geographic context with nearby homes, comparing year built, living area, value, and lot size in detail. The exact sale price from December 2023 is also available upon request via email.