Property Overview & Key Characteristics
This well-maintained, one-storey home in Amber Trails offers a practical and comfortable living layout. Built in 2012, it sits on a spacious lot that is larger than most on its street. A key feature is its renovated basement, adding valuable finished living space to the 1,241 sqft main floor. The home includes an attached garage for convenience.
Its primary appeal lies in its balance of a modern build year, a generous lot size, and the turn-key condition signaled by the basement renovation. The property holds a strong assessed value relative to the area, suggesting it is well-positioned in the market.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout in a established newer neighbourhood. It’s also a sensible fit for a pragmatic buyer who values the efficiency of recent renovations and prefers not to take on major immediate projects.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
While the home's total finished space is increased by the renovated basement, the main floor living area (1,241 sqft) is notably larger than most other homes directly on Mosselle Place, ranking in the top 3% on the street.
2. What does the assessed value tell us?
The $510k assessment is significantly higher than the 2021 sale price, reflecting market appreciation. It places the home in the top third of Amber Trails and the top 16% city-wide for assessed value, indicating the municipality views it as a above-average property for its category.
3. Is the lot size a major feature?
Yes. The 5,168 sqft lot is a standout, ranking larger than 58% of lots on the same street. This provides above-average outdoor space for the immediate area, which is less common in newer neighbourhoods.
4. How does the 2012 build year compare?
The home is newer than about 89% of properties in Winnipeg, but within Amber Trails—a neighbourhood developed largely in the 2010s—it is around the median age. This means you benefit from modern construction while the area itself is settled and established.
5. What is the context of the 2021 sale price?
The $493k sale price from late 2021 ranked very high (top 6%) for the street at that time, showing the home has historically commanded a premium. The subsequent rise in assessed value aligns with broader market trends over the past few years.