Property Overview
This two-storey home at 186 Strasbourg Drive in Amber Trails is a modern, well-maintained property built in 2014. Its appeal lies in a combination of a desirable, newer build and strong performance metrics within its immediate area. The home features a renovated basement, an attached garage, and nearly 2,000 sqft of living space on a generous lot.
Key characteristics show it stands out locally. It ranks in the top 15% of its neighbourhood for assessed value and in the top 2% for its most recent sale price, indicating it has been a high-performing asset. While its living area is fairly typical for the street, its lot size is above average. This suggests a good balance of home and yard space. The property would suit buyers looking for a move-in ready home in a established newer subdivision, particularly those who value data showing strong resale history and above-average property assessments compared to direct neighbours.
Frequently Asked Questions
How does the sold price from 2022 relate to today's value?
The 2022 sale at $720k placed this home in the top 5% of its street and top 2% of Amber Trails at that time. This history demonstrates high market demand for this specific property, but current value will be influenced by today's market conditions.
What do the "rank" percentages actually tell me?
They contextualize every metric against immediate comparables. For example, being newer than 92% of homes on its street confirms it's one of the newest properties in the row, while its living area ranking shows it's a fairly typical size for the area, not an outlier.
Is the assessed value a reliable indicator?
The assessed value of $60.8k is for municipal tax purposes. More notably, it ranks higher than 85% of the neighbourhood, which is a strong relative indicator. However, market value is determined by current buyer demand.
Who might this property not suit?
Buyers seeking a very large interior footprint or extensive customization. The living area is comfortable but ranks in the middle of the pack locally, and as a newer, renovated home, it offers less opportunity for a "sweat equity" project compared to an older property.
What is the significance of the nearby reference properties listed?
They provide a snapshot of Amber Trails, showing a consistent streetscape of homes built primarily in the 2010s. The similar assessed values and years built confirm this is a cohesive, modern subdivision, which can contribute to stable property values.