Property Overview
This well-maintained 2014 one-storey home in Amber Trails offers a practical and comfortable living space. Its key appeal lies in being a modern, low-maintenance property within a sought-after neighbourhood. The home features a renovated basement and an attached garage on a spacious 5,348 sqft lot. Market data suggests it represents solid value, with an assessed value significantly higher than its last sale price in 2019, indicating potential equity and market growth.
The property is best suited for first-time buyers seeking a move-in ready home, downsizers looking for single-level living without sacrificing yard space, or value-oriented investors attracted by its modern build year and desirable location. A less obvious appeal is its strong ranking for "newness" within Winnipeg (top 9%), which can translate to fewer immediate repair concerns compared to older stock, while the lot size offers future flexibility not always found in newer communities.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,431 sqft, the living area is comfortable but smaller than many newer comparables in Amber Trails. This is reflected in its ranking, placing it in the larger tier on its specific street but more average across the wider neighbourhood. It prioritizes efficient layout and a generous lot over sheer interior size.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it's a finished recreational space, contains additional bedrooms, or serves another purpose.
3. The assessed value is much higher than the 2019 sale price. What does this mean?
The current assessed value of $53.20k is a municipal valuation for tax purposes and is notably higher than the $39.80k sale price from five years ago. This typically indicates strong market appreciation in the area and suggests the seller may have significant equity, but the final sale price will be determined by current market conditions.
4. Is the property a good investment based on the data?
The metrics show a positive trend. The home is newer than over 90% of properties in Winnipeg (a durability plus), sits on a larger lot, and has seen a considerable increase in its assessed value since 2019. Its rankings in the neighbourhood for year built and lot size are strong points for long-term value retention.
5. Who might this property not suit?
Buyers requiring extensive square footage on one level, or those seeking a home with a pool or top-tier interior size rankings within the entire city, may find it limiting. The data shows the interior space, while adequate, is not among the largest in the broader Winnipeg market.