Property Overview & Key Characteristics
This well-maintained two-storey home in Amber Trails offers a modern, low-maintenance lifestyle in a desirable neighbourhood. Built in 2017, it combines the benefits of a newer build with established community roots. Key features include a renovated basement and an attached garage, situated on a generous 4,475 sqft lot. The home’s living space of 1,657 sqft provides a comfortable footprint for a growing family or professionals.
Its appeal lies in a compelling blend of location, modernity, and demonstrated value growth. The property ranks in the top tiers for lot size and newness within its immediate street and wider neighbourhood, indicating a premium position in Amber Trails. A significant perspective is its strong sales history: it has appreciated substantially from its 2017 sale price, with a notable jump in 2022, suggesting a history of solid market demand. This home would suit first-time buyers looking for a move-in ready, modern property, or a growing family seeking space and community amenities without the worries of an older home. It also presents a sound option for value-conscious buyers who appreciate data-driven metrics, as its rankings and sales history provide clear benchmarks against neighbouring properties.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At 4,475 sqft, the lot is larger than 96% of others on Bitterfield Drive and ranks in the top 3% within the entire Amber Trails neighbourhood, offering above-average outdoor space.
2. What does the sales history indicate about the property's value?
The home has sold three times since 2017, showing consistent appreciation. The most recent sale in March 2022 was at $65.30k, which places that sale price in the top 4% historically for the street, indicating a strong perceived value at that time.
3. Is the basement finished, and what is the home's overall condition?
Yes, the basement is renovated. Combined with the 2017 build year, this suggests a modern home in good condition, likely requiring minimal immediate updates.
4. How does this home compare to the property at 295 Bitterfield Drive, listed for reference?
The reference property at 295 Bitterfield is slightly larger in living area (1,824 sqft) but shares the same build year and assessed value. This highlights that 327 Bitterfield may offer better value per square foot or that its renovated basement adds significant functional space.
5. Are there any potential concerns based on the provided data?
The assessed value ($56.40k) is currently below the 2022 sale price. This is not uncommon, as assessed values for taxation don't always mirror current market value, but it's a point to discuss with a real estate professional to understand current market conditions.