Monthly Linden Woods Real Estate Update May 2017
The neighbourhood of Linden Woods is made up over over 3,000 houses and several hundred condominiums. Each month, we will take a look at the numbers of available listings of houses and condos, as well as the numbers of sales for the previous 30 days. This is the monthly updated information for Linden Woods Real Estate, and will be released on the 15th of each month.
Active Listings available
For active REMAX listings in Linden Woods click here
Currently we see 8 active house listings, ranging from $420,000 to $640,000.
In addition there are 27 condominium units, priced between $206,000 and $368,000.
Provincial laws prohibit us from showing all available listings here, however we can at least give you a direct link to all REMAX listings in the area. Simply click above and you will see all active REMAX house and condo listings in the Linden Woods neighbourhood.
Home Sales in Linden Woods over the past month
Between April 15th and May 15, there have been a total of 15 houses sold, between $440,000 and $845,000. Here is the real interesting part: The average DAYS ON MARKET which these homes sat on the market before selling: 8!!! Two of the homes did take 25 days each, but the rest all sold in single digit days.
Linden Woods real estate right now is a fairly hot market, due to the lack of available houses.
Condominium Sales Stats:
Although not as fast as houses, condos in Linden Woods are selling quite well. Over the past 30 days, 8 condos have sold in this area, priced bet. $206,000 and $368,000. The average DAYS ON MARKET for these sales was 34….. compare that to the housing stat of 8 days, and you get the picture of the difference between housing and condo sales at this point in time.
For a complete look at Winnipeg’s Real Estate market, check this real estate market report.
More About Linden Woods
Linden Woods is a neighbourhood in the southwest corner of Winnipeg in Manitoba, Canada. It is a considerably new neighbourhood and attracts people who enjoy peace and serenity. You will fall in love with Linden Woods the moment you enter this residential area filled with 900 acres because there is lush greenery all around with paved walking trails and traffic calmed streets.
The neighbourhood has been planned carefully so the roads are well-built and well-lighted and even at night; it is safe for students and children to come home without any problems.
Attributes of Linden Woods
The people living in Linden Woods follow an affluent lifestyle and if that’s your way of life, you can be rest assured that living here would fulfill your life’s desire.
It is said that the heart of the neighbourhood lies in the lake; people come here to enjoy their evenings and to just spend time in quiet contemplation. You will also find pretty good activity in the parks too. The neighbourhood has set aside 63 acres for parks and its all filled with feature pagodas, pedestrian bridges, fountains, lookouts, paved trails and plenty more.
Linden Woods can easily promote your sports dream because there are basketball courts, tennis courts, soccer pitches, baseball grounds, outdoor rinks, a new spray park, and even a new spray park. The people in the neighbourhood also keep themselves busy by indulging in activities like reading, gardening and swimming.
The churches that people usually visit are Grant Memorial Baptist and Church St. Gianna Roman Catholic Church.
Linden Woods Real Estate
The homes in Linden Woods have a set character and style. New condo developments are currently under construction, apart from single-family homes. You can buy a 3-bedroom home for $479,900, while the cost of a 4-bedroom home would be around $514,900 and a 5-bedroom home would be $499,900.
Schools and colleges
The Linden Woods is just half an hour away from University of Manitoba, University of Winnipeg, the Pam Am Pool and the Red River Community College.
The schools in Linden Woods include Van Walleghem School, an (elementary and junior high school) Linden Meadows School (an elementary and junior high school) and Linden Christian School, (K-12 Christian school).
Being one of the wealthiest neighbourhoods in Manitoba, the median household income is also considerably higher, at $104,927, while the city’s median household income is $49,790.
And the good news is that the number of crimes in a year is considerably low.
The 900-acre neighborhood has plenty of detached homes where 92% people own and only 8% rent. The overall age of people owning the homes belong to the middle age category. 52% of the people living in the neighborhood are families, while only 32% of them are couples and 15% are singles. The average renovation cost is around $20,000.
Commuting in Linden Woods
Most people generally own their vehicles and 42% commute by car, while only 4% use the bus, 3% walk and 1% bike. The main bus routes along Linden Woods are:
Route 64 – Linden Woods Express
Route 84 – Windemere – Whyte Ridge (Lindenwoods Dr E)
Route 86 – Windemere – Whyte Ridge (Lindenwoods Dr W)