Property Overview
This two-storey home at 1674 Templeton Avenue in Amber Trails presents a modern, low-maintenance living opportunity. Built in 2021, it is a notably newer construction compared to most homes on its street and across Winnipeg. The property features an attached garage, a renovated basement, and sits on a well-sized lot. Its appeal lies in its contemporary build, which suggests modern efficiencies, updated finishes, and minimal immediate repair concerns. The home is ideally suited for first-time buyers seeking a move-in-ready property, busy professionals who value a newer home's reduced upkeep, or downsizers looking for modern conveniences without the need for renovations.
While the living area is comfortable, the home's assessed value ranks highly for its street, indicating it is perceived as a premium property in its immediate locale. A thoughtful perspective for buyers is to weigh the benefits of a newer home against the established maturity of landscaping and community in older parts of the neighbourhood. The property offers a balance between a modern interior and the settled feel of an established area.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
Given the home was built in 2021, the renovation is likely recent and may have created a finished living space, such as a recreation room, home office, or additional bedroom. It's a key upgrade that adds functional square footage.
2. How does the property's size compare to the neighbourhood?
With 1,713 sqft of living area, this home is larger than about 55% of homes in Amber Trails, offering above-average interior space for the area. The lot size of 4,316 sqft is also generous.
3. The assessed value seems low. Is that accurate?
Manitoba assessed values are typically a percentage of market value and are not intended to represent sale price. The key metric is its ranking: this home's assessment is in the top 4% on its street and top 10% in Winnipeg, signalling it is considered a high-value property relative to others.
4. What are the advantages of a 2021 build?
A home this new likely has modern building codes, energy-efficient windows and appliances, contemporary electrical and plumbing systems, and may still have some original manufacturer warranties in place, reducing near-term capital risk.
5. What is the context of the 2021 sale price?
The home sold for $51,100 in April 2021, which was likely very close to its original purchase price as a new build. The current assessed value of $56,700 reflects the municipal assessment increase since then, not necessarily a direct market appreciation.