Property Overview
This two-storey home in Amber Trails is a solid, well-situated property with established roots. Built in 1991, it sits on a generous 6,673 sqft lot and offers over 2,000 sqft of living space, complete with an attached garage and an unrenovated basement. The appeal here lies in its balance of space, location, and value. It ranks consistently above average in size for both Winnipeg and the neighbourhood, suggesting a property with more room than many, set on a mature lot. The data indicates a home that is not the newest on the block but offers established stability in a sought-after area.
It would particularly suit practical buyers looking for a ready-to-live-in home with space to grow or customize over time. The unrenovated basement presents a clear project for someone wanting to add value according to their own taste. It’s also a strong fit for families established in the Amber Trails community, offering a larger-than-average lot in a top-tier neighbourhood without the premium of a brand-new build. A less obvious angle is its potential for buyers who value statistical outperformance; this home ranks in the top 20% of Winnipeg for lot size and living area, offering tangible metrics of space that are hard to find.
Frequently Asked Questions
What do the ranking percentages actually mean?
They show how this property compares to others in the immediate area, the wider neighbourhood, and all of Winnipeg. For example, ranking in the "Top 80% in Winnipeg" for land area means only 20% of properties in the city have a larger lot, highlighting a key strength.
Is the basement finished?
No, the basement is noted as "not renovated." This presents a blank canvas for future development but means the current living space is confined to the 2,058 sqft above ground.
How does the 2021 sale price relate to today's value?
The home sold for $550,000 in December 2021. This is a key data point for understanding the market's past valuation, but current value would be determined by present market conditions, any updates made since, and a new professional appraisal.
The home is 35 years old. What should I expect?
As a home from the early 1990s, buyers should budget for the updating of original components. This includes roofing, windows, and major mechanical systems like the furnace or water heater, which may be nearing the end of their typical lifespans. The structure itself is from a period of established building standards.
Why is the assessed value so much lower than the past sale price?
Municipal assessed value ($52,200) is for tax purposes and uses a mass appraisal system with a legislated lag time. It is not intended to reflect real-time market value. The recent sale price is a far more accurate indicator of what the market was willing to pay.