Property Overview & Key Characteristics
168 Morava Way is a well-maintained, two-storey home built in 2009, situated on a generous lot in Amber Trails. Its primary appeal lies in its established yet modern foundation, offering a balanced package of space and recent updates. The home features over 2,000 square feet of living space and a renovated basement, adding valuable functional area. Key data points suggest it occupies a solid middle ground in its market: the lot size is above average for the street, the home itself is larger than most in Winnipeg, and its recent sale price indicates stable value.
This property would suit practical buyers looking for a move-in ready family home in a mature, newer neighbourhood. It’s ideal for those who appreciate a renovated basement for extra living space but don’t require a brand-new build. The stats also suggest it’s a fit for buyers who value a larger yard relative to the street, offering more outdoor space than many immediate neighbours.
Frequently Asked Questions
1. How does the property’s age (2009) compare to others nearby?
The home is newer than about 78% of the houses on its street, placing it in the top quarter for recent construction in that immediate area. It strikes a balance between being established and still modern.
2. What does the assessed value versus sale price indicate?
The home recently sold for $60,300k, which is moderately above its $57.70k assessed value. This is a common pattern and suggests the market recognized features or conditions that support a value beyond the formal assessment.
3. Is the living space large for the area?
Yes. With 2,073 sqft, this home is larger than approximately 79% of homes in the wider Amber Trails neighbourhood and ranks in the top 8% for size across all of Winnipeg, indicating above-average interior space.
4. How does the lot size impact the property?
The 4,996 sqft lot ranks in the top 17% on Morava Way for size. This means you’re getting more yard space than most direct neighbours, which is a less obvious but valuable perk in a newer community.
5. What is the neighbourhood context based on the comparable listings?
The listed comparables show Amber Trails is a consistent, modern suburb with homes primarily built from the late 2000s to 2010s. This home’s specs are very typical for the area, suggesting a stable community without extreme variations in property style or value.