Property Overview & Key Characteristics
45 Lakebourne Place is a modern, single-storey home in Winnipeg's Amber Trails neighbourhood, built in 2018. Its primary appeal lies in a combination of newer construction, a generous and private lot, and a strong position within its immediate area. The home sits on a large, approximately 13,000 sqft lot, ranking in the top tier for size on its street and within the wider neighbourhood. This offers significant outdoor space and privacy—a notable find for a newer home. The property also features a renovated basement and an attached garage.
The home’s assessed value is notably high relative to many comparable listings in Amber Trails, suggesting municipal valuation recognizes its lot size, condition, and recent renovations. While the living area is a comfortable 1,795 sqft, it is the land and the home's modern foundations that stand out. This property would best suit buyers looking for a move-in ready, newer build with ample yard space for family activities, gardening, or future expansion, and who value a home with strong fundamental metrics in a desirable suburban community.
Frequently Asked Questions
1. How does the lot size compare to typical properties in the area?
The lot is exceptionally large for Amber Trails, ranking in the top 1% of the neighbourhood and top 11% on its own street. This is a key differentiator, offering more privacy and space than most newer homes in the community.
2. The assessed value seems high compared to nearby listings. Why is that?
Municipal assessments consider factors like lot size, building condition, and improvements. This home’s high ranking (top 4% in the neighbourhood) likely reflects its large lot, newer age (2018), and the renovated basement, setting it apart from older or standard-lot comparables.
3. Is the living space smaller than other homes in the price range?
At 1,795 sqft, the above-ground living area is modest compared to some two-storey models. The value proposition here shifts from sheer interior square footage to the quality of a newer build, the renovated basement adding functional space, and the premium on the extensive lot.
4. What is the significance of the "newer build" ranking?
Built in 2018, the home ranks in the top 5% of its street for age, meaning it is one of the newest homes in the immediate area. This typically translates to modern building codes, materials, and systems, potentially reducing near-term maintenance costs.
5. How stable has the property's value been?
The home last sold in July 2020 for $65.8k. Its current assessed value of $68.7k indicates a stable or slightly appreciating value in the municipal valuation model over that period, which is a positive indicator of its market position.