1812 Templeton Avenue

Property Overview & Appeal

This two-storey home at 1812 Templeton Avenue in Amber Trails is a modern, well-sized property built in 2016. Its key appeal lies in its combination of space, contemporary build, and a highly renovated basement, offering a move-in-ready experience. With over 2,000 sqft of living space on a large 4,550 sqft lot, it ranks in the top tier for size both on its street and within the wider Winnipeg area.

The home’s standout characteristic is its strong performance in key metrics compared to its peers. It sits in the top 1% of its street for assessed value ($610k), the top 5% for living area, and the top 10% for being a newer build. This suggests a property that has been maintained and valued above average in its immediate surroundings. The fully renovated basement adds significant functional living space.

This property would ideally suit growing families or professionals seeking a modern home in a established newer neighbourhood like Amber Trails, who value space, recent construction, and not having to undertake major renovations. It also appeals to buyers who appreciate a home with strong comparative metrics, indicating a sound investment within its community.

Frequently Asked Questions

How does the assessed value compare to the likely asking or market price?
The assessed value of $610k is a municipal valuation for tax purposes and is typically lower than market value. However, ranking in the top 1% on its street for this metric strongly indicates the home is considered a higher-value property in its area, which can be a positive signal for market price.

What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the details. A prospective buyer should inquire about the scope of the renovation, the quality of finishes, whether permits were pulled, and the intended use of the space (e.g., legal suite, family room, home gym).

The home sold for $399,600 in 2016. What does that history tell us?
The original sale price reflects the purchase from the builder a decade ago. The substantial increase to its current assessed value illustrates the property's appreciation over time, which is consistent with newer homes in desirable neighbourhoods and any upgrades made since.

How does the lot size and home size compare to nearby properties?
At 4,550 sqft, the lot is larger than average, and the living area of 2,097 sqft is notably spacious. The provided comparisons show it is larger than several similar-aged homes in Amber Trails, offering more room for outdoor use and living space indoors.

Are there any concerns with a home built in 2016?
Homes of this age are past the initial builder warranty period but are still relatively modern. The key considerations shift to the quality of the original construction and how the major systems (roof, HVAC, etc.) have been maintained, as well as verifying that any renovations like the basement were completed properly.