1682 Templeton Avenue

Property Overview

This two-storey home at 1682 Templeton Avenue in Amber Trails is a modern property built in 2021, offering a move-in-ready experience with a renovated basement. Its appeal lies in its balance of new construction benefits and established neighbourhood living. The home sits on a generous 4,129 sqft lot and features an attached garage.

The key draw is its contemporary build, ranking in the top 2% for age on its street and top 4% in the neighbourhood, meaning major components are under warranty and built to recent codes. It has seen significant equity growth, with its current assessed value of $560k notably higher than its 2021 sale price. The renovated basement adds immediate functional space without the need for a project.

This property would suit buyers looking for a modern, low-maintenance home in a family-oriented area, particularly those who want to avoid the uncertainties of an older build but also wish to bypass the wait and decisions involved in a new build. It’s also a practical choice for value-conscious buyers who appreciate the extra living space a finished basement provides from day one.

Frequently Asked Questions

How does the assessed value relate to the likely selling price?
The assessed value of $560k is for municipal tax purposes and provides a benchmark. Given it's significantly higher than the 2021 purchase price and ranks in the top 10% for value in Winnipeg, it suggests strong market appreciation, but the final sale price will be determined by current market conditions.

What does the "renovated basement" include?
The listing confirms the basement is finished but does not specify the details of the renovation. A viewing is essential to assess the quality, layout, and permitted status of the work to understand exactly what is included.

Is the property larger or smaller than others in the area?
The living space (1,667 sqft) is above average for the immediate street but closer to the median for the wider Amber Trails neighbourhood. The lot size (4,129 sqft) is a standout feature, ranking in the top 24% on Templeton Avenue, offering more outdoor space than many nearby homes.

How does the age of this home compare to Amber Trails overall?
Amber Trails has many homes built in the 2010s. At 5 years old (built 2021), this home is among the newest in the entire area, ranking in the top 4% for year built in the neighbourhood, offering newer construction in an already established community.

What is the potential for future value growth?
While past performance isn't a guarantee, the data shows strong appreciation since 2021. Its modern age, desirable lot size, and position in a well-regarded neighbourhood are positive factors. However, future growth will depend on broader market trends and community development.