46 Tessler Bay

Property Overview: 46 Tessler Bay, Amber Trails, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated, one-storey home in Amber Trails offers a practical and comfortable living space on a generous, nearly 6,000 sqft lot. Its key appeal lies in a balance of established community living and recent updates, notably a renovated basement that adds valuable finished space to the 1,567 sqft main floor. The attached garage and the home's newer age (built in 2006) within its immediate street context—where it ranks in the top 10% for year built—suggest a property with modern fundamentals and less immediate maintenance concern compared to older stock.

The home’s strength is its solid positioning within a desirable neighbourhood. While its living area is comfortably sized, the data indicates it is not the largest on the street, making it a potentially efficient layout without excessive square footage to heat or maintain. This property would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature area, as well as practical investors or families attracted to Amber Trails' amenities and the potential of a move-in-ready, updated basement. A thoughtful perspective is its assessed value, which ranks highly city-wide (top 9%), suggesting official valuation that is strong relative to many Winnipeg properties, potentially indicating a stable investment in a sought-after area.

Section 2: Frequently Asked Questions

1. How does the property’s size compare to the neighbourhood?
The home’s living area is above average for Winnipeg but closer to the mid-range in Amber Trails. The true standout is the land area, which is larger than most lots on its street and in the neighbourhood, offering valuable outdoor space.

2. The last sale was in 2019. What does that indicate?
The 2019 sale suggests stable, long-term ownership, which often correlates with consistent upkeep. The sale price from that time provides a historical benchmark, but market conditions have likely shifted since.

3. What is implied by the “renovated basement” note?
While specific finishes aren’t detailed, this confirms the basement is finished as living space. Buyers should inquire about the renovation’s scope, permits, and the quality of the finish to understand its true value and functionality.

4. The assessed value seems low relative to the likely asking price. Why?
Municipal assessed value for tax purposes is not a market valuation. It is often lower than current market value and should not be used alone to determine an offering price. It is, however, useful for estimating annual property taxes.

5. Are the nearby comparison properties similar?
The listed comparisons show a range. Some have more living space, others are newer, but 46 Tessler Bay holds its own with its lot size and recent basement update. This variety confirms Amber Trails offers diverse options, and this home’s value proposition is its specific combination of lot, updates, and layout.