Property Overview & Key Characteristics
This two-storey home in Amber Trails is a standout property within its immediate area, offering above-average space and a modern footprint. Built in 2008, it sits on a large, nearly 8,000 sqft lot, providing ample outdoor room—a relative rarity for newer neighbourhoods. The 2,332 sqft living area is notably spacious, ranking in the top tier for size both on its street and across Winnipeg. Key features include an attached garage and a renovated basement, adding valuable finished living space.
Its appeal lies in its proven desirability and solid positioning. The home last sold in September 2022 for $730,000, a sale price that ranked in the top 3% of Winnipeg at the time, indicating strong market confidence. The current assessed value remains high relative to comparables. This isn't just a house; it's a property that has already demonstrated its investment worth in a sought-after, family-oriented community.
This home would best suit buyers looking for a move-in ready, established property in a mature newer neighbourhood. It’s ideal for families seeking generous indoor and outdoor space without the maintenance of an older home. It also appeals to value-conscious buyers who appreciate a home with a recent, high-calibre sale history, suggesting stability and lower perceived risk.
Frequently Asked Questions
1. How does the 2022 sale price relate to today's market value?
While not a direct indicator of current value, the $730,000 sale demonstrates the property's peak market potential and desirability. It sets a high benchmark, suggesting the home has features that commanded a premium.
2. The home is 18 years old. What major systems might need attention?
While the basement renovation is a plus, key components like the roof, HVAC system, and major appliances are approaching or are within the typical lifespan for replacement. A thorough inspection is advised to anticipate future capital costs.
3. The lot is large, but what does that mean practically?
A lot of this size in Amber Trails offers exceptional potential for gardening, play structures, or outdoor entertaining space that isn't always available in newer subdivisions. It also provides more privacy from neighbours.
4. How does the assessed value compare to similar nearby homes?
The assessed value of $632,000 is consistently higher than most listed comparables in Amber Trails, which often fall in the $500k-$580k range. This suggests the municipality recognizes significant value in the property's size, renovation, or unique attributes.
5. Is the renovated basement a legal suite?
The description notes a "renovated basement" but does not specify it as a legal secondary suite. Buyers interested in rental income or in-law potential should verify its compliance with local zoning and building codes.