Property Overview: 34 Elbe Road, Amber Trails, Winnipeg
Key Features & Ideal Buyer
This well-situated two-storey home in Amber Trails presents a compelling blend of modern comfort and established value. Built in 2013, its key characteristics include a renovated basement, an attached garage, and nearly 1,900 sqft of living space on a generous lot. The appeal lies in its strong positional metrics within a desirable neighbourhood. It ranks in the top tiers for lot size, year built, and assessed value not just on its street, but across much of Winnipeg, suggesting a premium property within its area. The renovated basement adds immediate functional space without the need for a project.
This home would suit buyers looking for a move-in ready property in a mature, newer subdivision. It’s ideal for growing families or professionals seeking space and stability, with the renovations offering modern convenience. A thoughtful perspective is its appeal to value-conscious buyers who appreciate quantifiable standing—the high percentile rankings indicate a property that has historically held its value well against immediate neighbours and city-wide comparisons, which can be a marker of resilience.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The current assessed value is $580,000. It’s important to note that assessed value is for municipal tax purposes and the market sale price can differ based on condition, market trends, and buyer demand.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, room layouts, and permits should be verified during a viewing or by requesting details from the listing agent.
3. The home sold for $475,000 in 2020. What does that history indicate?
The 2020 sale price shows significant equity growth from its previous sale in 2017. This trajectory, combined with its current high assessed value percentile, suggests strong appreciation in the area, but past performance is not a guarantee of future gains.
4. How does this property rank for size within Amber Trails?
With 1,891 sqft of living area, it ranks in the top third (~67th percentile) for size within the Amber Trails neighbourhood, meaning it is larger than many comparable homes, offering above-average space.
5. Are the nearby reference properties direct comparisons?
The listed properties (e.g., 29 Bitterfield Dr., 151 Mosselle Dr.) are provided as neighbourhood benchmarks for year, size, and value. They are not identical, but help illustrate the local market, showing this home is competitive in terms of assessed value relative to its size and age.