Property Overview: 128 Verona Drive, Amber Trails
Key Characteristics & Appeal
This two-storey home in Amber Trails is defined by its generous space and established neighbourhood setting. Built in 1993, it sits on a large, 8,765 sqft lot, which ranks in the top 7% for size on its street. The 2,227 sqft living area is notably spacious, placing it in the top 1% of homes on Verona Drive. Key features include an attached garage and a basement (not renovated), but no pool.
The primary appeal lies in its above-average footprint for the area, offering room to grow or customize. Its assessed value has remained stable relative to recent sales, suggesting a solid foundation in the market. This property would best suit buyers looking for a larger home in a mature neighbourhood, who value interior space and a sizable yard over a recently built or fully renovated home. It’s a practical choice for families or those planning future renovations, as the core structure and land offer significant potential.
Frequently Asked Questions
1. What does "basement, not renovated" typically mean?
It indicates the basement is developed and usable (likely as a rec room or storage), but its finishes are original from the 1990s and may feel dated. It presents an opportunity for future modernization.
2. The last sale price in 2021 was $56.3k, but a 2016 sale was $370k. Why such a large difference?
The 2016 sale likely reflects a standard market transaction. The 2021 sale at $56.3k is almost identical to the current assessed value, which strongly suggests it was a non-arms-length transfer, such as between family members, and does not represent the home’s market value.
3. How does the age of the home (1993) factor in?
Built 33 years ago, major components like the roof, windows, and HVAC system may be nearing or due for replacement. This should be factored into budgeting, but the home is from an era of generally reliable construction.
4. The lot is large, but what does that mean for me?
A lot in the top 93% for its street offers excellent outdoor space for gardening, play, or entertaining. It also provides a greater sense of privacy and potentially more future flexibility than newer, tightly packed subdivisions.
5. How does this home compare to others in Amber Trails and The Maples?
The living area is significantly larger than many comparable homes in the broader Maples area, as shown in the reference listings. You are paying primarily for interior and land space here, rather than recent updates or a newer build date.