Property Overview
This two-storey home in Amber Trails presents a compelling opportunity for buyers seeking a modern, low-maintenance property in a well-established neighbourhood. Built in 2012, it combines the benefits of a relatively new build with the settled feel of a mature community. The home features a renovated basement, an attached garage, and a generous living space of over 2,000 square feet on a nearly 5,000 square foot lot.
Its primary appeal lies in its balance of space, modernity, and location. The data suggests it stands out on its street, ranking highly for lot size, assessed value, and year built compared to immediate neighbours. This indicates a property that is both above average for its specific block and positioned well within the broader Winnipeg market. It would suit young families looking for move-in-ready space, professionals wanting a modern home without the uncertainties of a brand-new development, or downsizers from larger properties who still desire room for guests or hobbies but appreciate the manageable scale of a newer home. A less obvious angle is its appeal to value-conscious buyers who understand that a higher assessed value relative to recent sale prices in the area can sometimes indicate strong underlying value or potential equity.
Frequently Asked Questions
1. How does the 2020 sale price compare to the current assessed value?
The home sold for $480,400 in June 2020. The current assessed value is $610,000. This significant increase reflects broader market trends and the specific improvements made to the property, such as the basement renovation.
2. What do the ranking percentages (e.g., "Top 73% in same street") actually mean?
These rankings compare this property against specific groups. For example, "Top 73% in same street" for land area means its lot size is larger than 73% of the other 10 homes on Barneveld Road. A high percentage generally indicates a superior standing for that particular metric within the comparison group.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify with the seller or their agent regarding the permits and legal status of the renovation to understand its potential for rental income or separate living space.
4. How does Amber Trails compare to other Winnipeg neighbourhoods for family living?
Amber Trails is a established, family-oriented community in northwest Winnipeg. The property's rankings show it performs well within its neighbourhood and very well city-wide for metrics like assessed value and living area, suggesting it offers above-average amenities and space for the area.
5. Why might a home with a high assessed value and strong rankings have a lower historical sale price?
The 2020 sale occurred under different market conditions. The current assessed value and strong rankings are based on recent evaluations and comparisons, highlighting the property's growth in value and its competitive standing relative to similar homes today. It underscores the importance of considering both historical data and current market positioning.