Property Overview
This two-storey home in Amber Trails offers a well-maintained and updated living space within a mature, established neighbourhood. Built in 2005, it sits on a generous 5,000+ sqft lot and features 2,147 sqft of living area, an attached garage, and a renovated basement. Its appeal lies in its combination of modern updates, above-average space for its street, and a location within a sought-after community. The home last sold in April 2022 for $620,000.
Key Characteristics & Ideal Buyer
This property stands out for its solid positioning within its immediate context. It is notably newer than most homes on its street and in Winnipeg overall, suggesting less immediate concern for major aging infrastructure replacements. The renovated basement adds functional living space and modern appeal. While not the largest home in the broader area, it offers more living and land area than over 70% of its neighbours on Trieste Way, providing a sense of space and privacy.
Its appeal is grounded in offering a move-in ready, low-maintenance property in a family-friendly neighbourhood, without being a brand-new build. The data suggests it’s a stable, above-average offering on its street in terms of size, age, and recent sale price.
This home would suit practical buyers looking for a established community without older-home headaches. It’s ideal for a growing family that values both indoor living space and a sizable yard, or for professionals seeking a quiet, settled area with modern finishes. It may also attract value-conscious buyers who recognize the advantage of owning one of the newest homes on the block, which can be a benefit for future resale.
Frequently Asked Questions
1. How does this property compare to others on the street?
It ranks highly for its year built (newest on the street) and recent sold price (top 6%). It’s also above the street median for living area and lot size, making it a larger and newer option among its direct neighbours.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specific details on the finish quality, permits, or the nature of the renovation (e.g., legal suite, rec room, bedroom) are not provided here. This would be a key point for buyer due diligence.
3. Is the 2022 sale price relevant today?
It serves as a strong recent benchmark, showing the home commanded a premium price within its micro-market two years ago. Current market conditions will determine today’s value, but this history indicates the property has been desirable.
4. The assessed value seems low. Why?
Municipal assessed value for tax purposes is often significantly lower than market value in Canada and should not be used as a direct indicator of sale price. The $59.4k assessment is consistent with similar homes across Winnipeg but is disconnected from the actual selling market.
5. What are the less obvious considerations?
The home is newer, but systems like the roof, HVAC, and water heater are now approximately 20 years old; planning for potential updates is wise. Additionally, while it ranks well on its street, it falls within the middle tiers for the wider Amber Trails neighbourhood, suggesting it’s a solid, typical home for the area rather than a standout estate property.