Property Overview & Key Characteristics
This well-maintained, one-storey home on a spacious lot in Amber Trails offers practical, single-level living. Built in 2002, its key appeal lies in a desirable balance: it’s newer than many area homes, sits on a large, nearly 4,900 sqft lot, and features a renovated basement. With 1,072 sqft of living space, it ranks in the top tier for size within its immediate neighbourhood, suggesting a smart use of space. The attached garage and lack of pool point to a low-maintenance lifestyle.
Its strongest financial characteristic is a notably high assessed value ranking on its street (top 5%), which can indicate above-average improvements or desirability for the block. This home would suit first-time buyers seeking a move-in-ready property with a modernized basement, downsizers looking for a manageable single-level layout without sacrificing yard space, or pragmatic investors attracted by its solid value standing in a stable community.
Frequently Asked Questions
1. How does the assessed value compare to recent sales?
The home is assessed at $41,900k. It last sold in 2016 for $31.80k, and comparable nearby homes have assessments ranging from the high $30,000s to $50,000s. The assessment appears consistent with the area, but a current market evaluation is recommended.
2. Is the living space sufficient for a small family?
At 1,072 sqft, the living area is efficient. Its ranking in the top 7% for size in the neighbourhood suggests it is competitively sized for the area, but the renovated basement would be key for providing additional flexible space.
3. What does the "rank by year" data mean for a 2002 build?
While 24 years old, it ranks in the top 16% for newness in Amber Trails. This means it is significantly newer than most homes in the neighbourhood, which is a relative advantage for systems and structure.
4. How does the lot size compare?
The 4,898 sqft lot is a standout feature, offering ample outdoor space. It ranks well on its street and provides more room than many newer infill properties, which is a valuable asset for privacy, gardening, or future expansion.
5. What is the context of the comparable "Nearby Properties" listed?
The list shows direct neighbours, all on Leila Avenue in Amber Trails. They provide context for the streetscape and community. The "Similar Assessed Value" properties are from different neighbourhoods entirely, illustrating what a similar official valuation can look like across Winnipeg, but are less useful for direct market comparison.