Property Overview
This 2016 two-storey home in Amber Trails offers modern living with established neighbourhood roots. Its key appeal lies in being a relatively newer build that has already seen significant value growth, presenting a balanced opportunity. The home features a renovated basement and an attached garage on a well-sized lot.
The property is particularly suited to first-time buyers or young families looking for a move-in ready home in a desirable, family-oriented community. It also appeals to value-conscious buyers who appreciate a home that is past its initial settling-in period but still offers modern construction standards. The data suggests it's a solid, middle-ground property within its immediate area—not the largest or newest on the street, but holding its own with a strong assessed value ranking.
Key Details & Considerations
- Key Characteristics: Built in 2016, 1,698 sqft living area, 4,265 sqft lot, renovated basement, attached garage.
- The Appeal: A modern home in the popular Amber Trails neighbourhood, offering a renovated basement for extra living space. Its assessed value ranks highly on its street (top 9%), indicating it is viewed favourably compared to direct neighbours.
- Ideal Buyer: Best for first-time buyers, young families, or those seeking a low-maintenance, contemporary home without the premium of a brand-new build.
Frequently Asked Questions
1. How does this home compare to others in Amber Trails?
The home is newer than most in the broader neighbourhood (top 12%) and sits on a larger-than-average lot for its street. While its living space is near the neighbourhood median, its assessed value is strong, ranking in the top half of Amber Trails.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the listing agent to understand the quality and scope of the renovation.
3. Has the property value increased since it was last sold?
Yes. It sold for $339,000 in May 2016 and now carries a 2024 assessed value of $543,000. This represents significant growth, though market conditions and specific upgrades will influence the final sale price.
4. Is the lot size a pro or con?
The 4,265 sqft lot is above average for Templeton Avenue (top 34% on the street), offering good outdoor space for a newer community. It's a positive for those wanting a yard without excessive maintenance.
5. How does the age of the home affect a purchase?
At 10 years old, the major components are likely still in good condition, potentially avoiding the immediate costs of a brand-new home. However, it's now at an age where original appliances, HVAC, or roof may need attention or budgeting for future replacement.