Property Overview & Key Characteristics
This 2009-built home in Amber Trails offers a practical, move-in-ready foundation with a renovated basement. Its key appeal lies in its established yet relatively new neighbourhood setting and its efficient use of space. The lot is a generous size, ranking in the top half of the street, providing good outdoor space for a mature neighbourhood. While the living area is on the more compact side for the street, the renovated basement adds valuable functional space.
The property would suit first-time buyers or downsizers looking for a low-maintenance home in a stable, family-oriented area. It’s also a sensible fit for value-focused buyers who appreciate a home that’s been updated (the basement) but may see potential in personalizing the main living areas over time. A less obvious perspective is its appeal to those who prioritize lot size over interior square footage, as the yard offers room to expand or enjoy outdoor living that newer, denser subdivisions often lack.
Frequently Asked Questions
1. How does the property’s value compare to the neighbourhood?
The home’s assessed value sits in the top half of Amber Trails, suggesting it is in line with or slightly above the area average. This is likely supported by the renovated basement.
2. Is the living space smaller than other homes nearby?
Yes, at 1,660 sqft, the above-ground living area is below the average for both the immediate street and the broader neighbourhood. The renovated basement helps offset this by adding usable square footage.
3. What does the "rank by year" mean for a 2009 home?
While 2009 is not new, it ranks in the top 20% on its street and top 15% city-wide for age. This indicates the home is among the newer properties in its immediate and city-wide context, offering modern construction in an established area.
4. Why was the 2020 sale price lower than the current assessed value?
Market conditions, specific sale terms, or the state of the property at the time of sale can all influence final sale price. The assessed value is an estimate for taxation purposes and may reflect the subsequent basement renovation.
5. What is the immediate neighbourhood like?
The listing shows several nearby comparison properties on the same bay, suggesting a quiet, close-knit street within the larger Amber Trails community. The high rank for lot size on the street indicates a less crowded feel than some newer areas.