Property Overview
This two-storey home at 1702 Templeton Avenue in Amber Trails is a modern, low-maintenance property built in 2021. Its primary appeal lies in being a nearly new home in a sought-after neighbourhood, offering a move-in-ready canvas without the concerns of aging major systems. The 1,847 sqft living space is above average for the immediate street and neighbourhood, providing ample room for a growing or established household. With an attached garage and a full (though unfinished) basement, it offers both convenience and future expansion potential.
The property suits first-time buyers looking for a modern home without the wait and risk of new construction, as well as professionals or small families seeking a quiet, established newer community. A thoughtful perspective is its strong ranking for lot size (top 35% on its street), which is less common in newer subdivisions and provides valuable outdoor space. While the assessed value has risen since its 2021 sale, it remains competitively positioned within the wider Winnipeg market, suggesting a balanced entry point into a top-tier neighbourhood.
Frequently Asked Questions
Is the basement developed?
No, the basement is unfinished. This presents a blank slate for future customization to suit your needs, whether for a recreation room, home office, or additional storage.
How does this home compare to others in Amber Trails?
The home ranks in the top tier for its newer age (built in 2021) and lot size within Amber Trails. Its living area is comfortably above the neighbourhood median, offering more space than many comparable properties.
What is the significance of the assessed value?
The assessed value of $55.70k is for municipal tax purposes and is not a market price. It is, however, a useful benchmark, ranking in the top 11% for value in Winnipeg, indicating the city’s valuation of the property relative to others.
Are there any major upcoming costs?
As a 5-year-old home, major components like the roof, furnace, and appliances are likely still within their typical lifespan, suggesting a period of lower immediate capital expenditure compared to an older home.
What is the potential for future value?
The home is in a top 2% neighbourhood location by area ranking in Winnipeg. Its modern build, combined with the enduring appeal of the Amber Trails community, positions it as a property with solid long-term fundamentals in a desirable area.