Property Overview: 1387 Leila Avenue, Amber Trails, Winnipeg
Key Characteristics & Appeal
This well-maintained one-storey home in Amber Trails is positioned as a solid, value-oriented property. Its primary appeal lies in its combination of a renovated basement, a generous lot size, and a living area that is notably spacious for its street and neighbourhood. The detached garage and the home's ranking in the top 15% of the neighbourhood for living space suggest comfortable, practical living.
The data reveals a property with a stable history, having sold twice in the last decade at consistent prices, and now carrying an assessed value that places it in the top 6% of its street. This points to a home that has been a reliable asset. It would particularly suit first-time buyers or downsizers seeking a single-level layout without sacrificing room, and value-focused buyers who appreciate a home with a move-in-ready basement and a larger-than-average yard for the area. Its rankings indicate it's a stronger performer within its immediate Amber Trails community than in the broader Winnipeg context, offering a sense of relative value in a desirable pocket.
Frequently Asked Questions
1. How does the renovated basement add value?
A finished basement immediately expands the usable living space, offering flexibility for a family room, home office, or guest area without the need for a costly renovation project.
2. The home was built in 1987. What should I be aware of?
While the basement has been updated, a home of this age may have original major systems (like roofing, windows, or the furnace) nearing the end of their typical lifespan. A thorough inspection is advised to budget for any potential updates.
3. The assessed value seems high for the street. Is that a concern?
Not necessarily. It indicates that the municipal assessment reflects the home's condition, improvements (like the basement), and lot size positively compared to its neighbours. It can be a sign of a well-maintained property, though market value is ultimately determined by buyer demand.
4. Who would this layout suit best?
The one-storey design is ideal for those seeking accessibility or who prefer to avoid stairs, such as empty-nesters, retirees, or young families wanting all main living areas on one level. The spacious living area is a key benefit.
5. What does the lot size mean for me?
At nearly 4,800 sq ft, the lot is larger than many in the area (top 13% in the neighbourhood). This provides more private outdoor space for gardening, play, or entertaining, and can offer better privacy and potential than properties on smaller, denser lots.