Property Overview: 43 Allan Blye Drive, Amber Trails
Key Features & Ideal Buyer
This well-situated home in Amber Trails presents a solid opportunity in a desirable neighbourhood. Built in 2000, its key characteristic is balance: it offers a renovated basement, an attached garage, and a notably large 7,588 sqft lot that ranks in the top 20% for size on its street. With 1,370 sqft of living space, the home is practical rather than expansive, appealing to those who prioritize outdoor space and established community over sheer square footage.
The appeal lies in its strong positional metrics within a mature, family-friendly area. The property consistently ranks in the top tiers for lot size, age, and assessed value relative to its immediate street and the wider Amber Trails neighbourhood. This suggests a home that holds its own in a well-regarded locale. The renovated basement adds functional living space, a valuable asset for growing families or those needing a flexible layout.
This property would best suit first-time buyers or young families looking to enter a stable, established community without the premium of a brand-new build. It’s also a sensible choice for value-conscious buyers who appreciate a larger yard for recreation or gardening and see the potential in a home that has already seen some key updates. The consistent assessment value, significantly higher than its last sale price in 2020, indicates steady market confidence in the area.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is 7,588 sqft, which ranks in the top 13% for size across the entire city, making it a standout feature for those seeking ample outdoor space.
2. The home was built in 2000. What should I consider about its age?
While not a new build, a 2000 construction means major components like the roof, windows, and HVAC system are potentially entering or are in their prime replacement window. A thorough inspection is advised, but the home avoids the older maintenance concerns of much earlier builds.
3. The assessed value is listed at $50.50k. Is that the market price?
No, the assessed value is for municipal tax purposes and is typically much lower than market value. The market price is set by the seller, and recent sale prices of comparable homes in the area are a better guide.
4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. It's essential to clarify the finish quality, permits, and whether it includes added bedrooms, a legal suite, or simply finished living space.
5. The home sold for $42.5k in 2020. Why such a large increase in assessed value since then?
The jump in assessed value likely reflects a city-wide reassessment cycle catching up to strong market appreciation in the area between 2016 and 2020, not just the sale of this specific home. It underscores the neighbourhood's growth in desirability.