Property Summary: 11 Nyree Cove, Amber Trails
Section 1: Key Characteristics & Appeal
This well-situated, single-storey home in Amber Trails offers a blend of space, established comfort, and a strong value proposition. Its key characteristic is the generous 9,112 sqft lot, placing it in the top 8% of the neighbourhood for land area, providing ample outdoor space and privacy—a notable find in a mature community. The 1,868 sqft living area is spacious for the style, and the home benefits from a renovated basement, adding functional living space. An attached garage completes the practical layout.
The appeal lies in its established setting and statistical standing. The property ranks in the top third of its immediate street for lot size and assessed value, yet it sits well within the neighbourhood's mainstream for living space, suggesting a balanced offering without over-improvement. It would particularly suit buyers seeking a ready-to-live-in home with a large yard, perhaps families or those who enjoy gardening and outdoor living. It’s also a sensible choice for value-conscious buyers looking at established areas, as the home’s metrics show it is a solid performer within its local context without being the most expensive on the block.
Section 2: Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a significant feature at over 9,000 sqft, ranking in the top 8% within the Amber Trails neighbourhood. This is considerably larger than many standard lots in Winnipeg.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, finishes, and whether it includes a legal suite or additional bedrooms should be verified through a viewing and disclosure documents.
3. The home was last sold in 2020. What might this indicate?
The 2020 sale price was $49.5k, with the current assessed value at $57.9k. This recent turnover suggests the property may have seen updates or market adjustments, but it’s advisable to understand the reasons for the sale and any work done in the last four years.
4. How does this home rank for its age on the street?
Built in 1993, it is the median-aged home on Nyree Cove, neither the newest nor the oldest. This often indicates a balance of established infrastructure and potential for updates that are in line with the street’s overall character.
5. Are the high neighbourhood rankings for lot size and value a good sign?
Yes, ranking in the top 10% of the neighbourhood for lot size and the top 30% for assessed value generally indicates a desirable property within its local market. It suggests the asset holds its value well compared to nearby homes.