Property Overview & Key Characteristics
This well-situated home in Amber Trails offers a balanced, move-in-ready package. Its key features include a renovated basement, an attached garage, and a generous 5,492 sqft lot that ranks in the top 23% for size on its street. Built in 2001, the 1,581 sqft residence presents a solid, established home in a mature neighbourhood setting.
The appeal lies in its above-average lot size and the value-add of a finished basement, providing immediate extra living space. The property holds a strong position relative to its immediate neighbours, particularly in land area and assessed value. It would suit practical buyers looking for a family-friendly area without the premium of a brand-new build, as well as those who appreciate a larger outdoor space and want to avoid a major renovation project right away. A thoughtful perspective is that a home from this era often benefits from settled foundations and established landscaping, while still being modern enough to avoid the major systemic updates sometimes needed in older properties.
Frequently Asked Questions
1. How does this home compare to others in Amber Trails?
The data shows this property is competitive within its core neighbourhood. It ranks in the top 34% for living area and top 30% for assessed value in Amber Trails, indicating it is above average in those metrics for the area.
2. Is the lot size a significant feature?
Yes. At 5,492 sqft, the lot is larger than 77% of others on the same street. This offers more private outdoor space than many nearby properties, which is a key differentiator.
3. What does the "renovated basement" include?
The listing confirms the basement is finished, but the specific details of the renovation (materials, layout, permits) are not provided. This would be a key point to clarify with the seller or their agent.
4. How does the year of build (2001) factor in?
Built 25 years ago, the home is newer than 80% of properties in Winnipeg, but is among the older homes in the Amber Trails neighbourhood, where many nearby comparables were built post-2010. This may influence style and potential future updates.
5. What is the significance of the assessed value?
The assessed value of $50.30k is for municipal tax purposes and is not the market value or listing price. However, it is a useful benchmark, ranking in the top 19% on its street, which suggests the city assesses it as a higher-value property relative to its direct neighbours.