This two-storey home in Amber Trails presents a practical opportunity in a well-regarded neighbourhood. Built in 2011, it sits on a generous 4,608 sqft lot, which is notably larger than most on its street and in the wider area. The 1,703 sqft living space is complemented by a renovated basement and an attached garage. Its recent sale in July 2023 for $57,500k, closely aligned with its current assessed value, suggests a stable market perception. The home’s appeal lies in its modern-enough age, the value-add of a finished basement, and the above-average lot size, which offers room for outdoor living or future expansion. It would suit first-time buyers seeking a move-in-ready home in a family-friendly area, or practical-minded investors looking for a property with recent updates in a neighbourhood with consistent demand.
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What does the "rank" data actually mean for me?
The rankings show how this property compares to others. For instance, its lot size ranks in the top 6% of the neighbourhood, a significant advantage. However, its year built is newer than only about half the homes nearby, placing it in the middle of the pack for age. This helps identify its true strengths and average aspects.
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Is the renovated basement a full legal suite?
The listing notes a "renovated" basement but does not specify it as a legal secondary suite. Buyers should verify the permits and compliance of the renovations to understand its potential for rental income or simply as enhanced living space.
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How does the recent sale price inform my offer?
The property sold very recently, in mid-2023. This provides a clear, current benchmark for value. Any offer would logically be anchored near this $57,500k figure, with adjustments made for any changes in the market or property condition since that sale.
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The lot is large, but how is it shaped and oriented?
A 4,608 sqft lot is a definite asset, but the practical use depends on its dimensions and backyard exposure. A pie-shaped lot or one with a unusual layout might offer less usable space than a standard rectangle, so viewing is essential.
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Why are the compared properties so varied in value?
The list includes nearby similar-sized homes and others with vastly different assessed values (e.g., ~$13k). These lower-value properties are likely bare lots or very different building types, included for geographical reference only. Focus comparisons on the similar Amber Trails listings for a true market picture.