Property Overview
This two-storey home at 307 Bitterfield Drive in Amber Trails offers a modern, low-maintenance foundation in a sought-after neighbourhood. Built in 2015, it presents a turn-key opportunity with room for personalization. Its key appeal lies in a strong combination of a newer build, a spacious lot, and a location that ranks highly within its immediate area. The home sits on a lot that is larger than 98% of others on the street, providing excellent outdoor space. While the interior living area is comfortably sized, the property’s standout metrics are its lot size and its recent sale price, which was higher than 93% of recorded sales on Bitterfield Drive, suggesting a premium placement or condition.
This property would suit first-time buyers or young families looking for a modern home in a well-regarded community without the immediate need for major updates. It’s also a sensible choice for value-conscious buyers who prioritize a large yard and a newer structure, and who may see potential in the existing, unrenovated basement for future expansion.
Key Questions & Considerations
1. What does the sale history indicate?
The home sold in March 2022 for $63,100, a price that ranks in the top 7% for the street. This recent transaction at a premium suggests the property may have desirable features or a prime lot position that commanded a strong market value.
2. How does the assessed value relate to the market?
The current assessed value is $55,100, which is notably lower than the 2022 sale price. Buyers should view this primarily as a tax assessment and focus on current market conditions and recent comparable sales to determine today’s fair market value.
3. Is the basement finished?
No, the basement is noted as “not renovated.” This presents both a cost-saving advantage on purchase price and taxes, and a clear opportunity for future customization and added living space to increase the home’s value.
4. How does the property compare to the neighbourhood?
The home ranks exceptionally well for lot size (top 3% in Amber Trails) and is a newer build (top 17% in the neighbourhood). Its living space is above average for Winnipeg but closer to the median for the immediate area, indicating a property where the land and modern build are significant assets.
5. What is the context of the provided comparable listings?
Listings like 295 Bitterfield Drive and 39 Silkwood Crescent are shown for reference. It’s important to note these have different build years, sizes, and assessments. They are starting points for research, and a buyer should examine current listings and sales for the most accurate comparison on price, layout, and condition.