Property Overview & Key Characteristics
This well-maintained family home in Amber Trails offers a practical and comfortable living space with notable financial appeal. Built in 2008, it sits on a generous lot that is larger than most in the immediate area, providing good outdoor space. The home features a renovated basement and an attached garage. Its standout characteristic is its strong value proposition: it last sold in late 2021 for a price that ranks in the top 5% of Winnipeg for that period, suggesting it was a highly competitive purchase. The current assessed value remains modest relative to that sale price, which may be attractive for property tax purposes.
The appeal lies in its balance of established community living and solid investment history. It suits first-time buyers or young families looking for a move-in ready home in a mature, newer neighbourhood without paying a premium for the very latest construction. It would also appeal to value-focused buyers who appreciate a home with a recent, high-calibre sale in its history, indicating strong past market approval.
Frequently Asked Questions
1. How does the 2021 sale price compare to today's market?
The home sold for $640,000 in October 2021, a price that placed it in the top 7% of the Amber Trails neighbourhood and top 5% citywide at that time. This indicates it was a premium property in a strong market. Understanding current market conditions relative to this peak would be a key discussion point.
2. Is the living space smaller than other homes on the street?
At 1,768 sqft, the living area is in the lower third for Poznan Crescent. However, this is balanced by the lot size, which is in the top 17% on the street. Buyers should consider if they prioritize larger indoor spaces or a more substantial yard.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. It's essential to clarify the finish quality, the presence of proper permits, and whether it includes a bedroom, bathroom, or legal secondary suite.
4. Why is the assessed value significantly lower than the last sale price?
The municipal assessed value of $56,800 is for taxation purposes and is not intended to reflect market value. The large gap between it and the 2021 sale price is common and can be an advantage, as it likely translates to lower annual property taxes than if the assessment were closer to the market price.
5. How does this home compare to other Amber Trails properties?
The provided comparisons show a range. This home is older than some (e.g., built 2014-2017) and has less living area than several comparable listings. Its strength appears to be its lot size and its notable sale history, rather than being the newest or largest home available in the area.