Property Overview
This well-established home in Amber Trails presents a compelling blend of space, location, and modern updates. Its key appeal lies in a generous, over 12,500 sqft lot—a rarity that places it in the top 2% of the neighbourhood for land size. Built in 2003, the 1,878 sqft home sits on a quiet street and features an attached garage and a renovated basement. The current assessed value of $620k significantly outpaces its 2021 sale price, indicating strong market appreciation.
The property suits buyers looking for established landscaping and neighbourhood maturity, as opposed to a brand-new build. It’s ideal for those who value ample outdoor space for family activities or future projects. The renovated basement adds flexible living space, appealing to those needing a home office, gym, or secondary living area. A thoughtful perspective is that this home offers the lot size of a more rural property while maintaining all the conveniences of a mature Winnipeg suburb, providing a long-term anchor in a desirable community.
Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
This property’s lot is exceptionally large for Amber Trails, ranking in the top 2% of the neighbourhood. Many newer builds in Winnipeg subdivisions are constructed on significantly smaller lots, making this a standout feature for privacy and outdoor space.
2. The home was built in 2003. What major systems might need attention?
Being 20+ years old, a prudent buyer would want to check the age and condition of major components like the roof, HVAC system, and water heater, as these often reach or exceed their typical lifespans around this time.
3. The assessed value is much higher than the 2021 sale price. What does this mean?
The jump from a $581k sale price in 2021 to a $620k assessment suggests strong market growth in the area and likely reflects the value of the renovated basement. It’s a useful indicator of market trends, but the final sale price is determined between buyer and seller.
4. Is the renovated basement permitted and finished to the same standard as the main floor?
It’s always recommended to verify that any renovations, especially in basements, have the proper city permits and are finished to a high, livable standard, including adequate ceiling height and moisture control.
5. What is the community vibe like in this part of Amber Trails?
With homes dating back to the early 2000s, this street likely has a settled, established feel with mature trees and long-term residents. It offers a different atmosphere compared to streets filled with recent construction, often appealing to those seeking a sense of permanence.