Property Overview
This two-storey home in Amber Trails offers a balanced proposition for buyers seeking an established, well-sized property in a mature neighbourhood setting. Built in 2002, it sits on a generous 5,774 sqft lot, which is notably larger than most on its street and in the wider area. The 1,923 sqft living space is comfortably above average for Winnipeg, and the home features an attached garage and a renovated basement. Its appeal lies in this combination of spacious land, proven neighbourhood stability, and move-in readiness with recent updates below grade. It last sold in July 2023 for $540,000.
This property would best suit practical buyers who value indoor and outdoor space over a brand-new build. It’s ideal for a growing family looking for a established home with room to grow, or for those who appreciate a neighbourhood where the landscaping has matured and the community feel is settled. The renovated basement adds immediate functional living space, making it a strong candidate for anyone needing a home office, recreation room, or secondary suite potential without undertaking a major project.
Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s last sale price was $540,000 in mid-2023, which placed it near the median for Amber Trails at that time. Its municipal assessed value is significantly lower, which is common, but the sale price is the more relevant indicator of current market value.
2. Is the lot size a major advantage?
Yes. The lot is in the top 13% for size on its own street, offering more private outdoor space than many neighbouring properties. This is a less obvious but valuable asset in a mature subdivision, where larger lots are often no longer available in newer areas.
3. What does the “renovated basement” typically mean for a 2002 home?
For a home of this age, a renovated basement usually indicates the original unfinished space has been professionally finished into living areas. It suggests the major foundational and moisture-proofing work is already complete, providing extra square footage without the hassle of a full renovation.
4. How does the age of the home (2002) factor in?
Built 24 years ago, the home is past its initial warranty period but is still considered relatively modern in its core systems and layout. Major components like the roof, windows, and HVAC may be nearing or have recently undergone replacement, which is a key consideration for maintenance planning.
5. Who might this home not suit?
Buyers seeking a brand-new, low-maintenance property or the very latest in open-concept layouts might find the 2002-era floor plan and potential for upcoming system updates less appealing. It’s also not the highest-priced home on the street, so it may not suit those looking for a premium-status property within the neighbourhood.