Property Overview & Key Characteristics
This well-maintained 2014 one-storey home in Amber Trails sits on a spacious, above-average lot. Its key appeal lies in a balance of modern convenience and established value. The home features a renovated basement and attached garage, with a living area that provides comfortable family space. The data suggests a property that has been cared for, with an assessed value significantly lower than its last sale price in 2021, which may indicate equity or a unique valuation position.
Its appeal is grounded in its position within a newer, consistently built neighbourhood. The home ranks highly for its newer age compared to most of Winnipeg, offering modern building standards without being the newest on the block. It would suit first-time buyers or downsizers looking for single-level living in a family-oriented area, as well as value-conscious buyers who appreciate a home with recent updates (like the basement) and the stability of a neighbourhood where comparable homes have recently sold.
A less obvious perspective is the lot size. At nearly 6,000 sqft, it ranks well above average for the street, offering more outdoor space than many neighbouring properties—a valuable and unchangeable asset. Additionally, while the living area is modest for the neighbourhood, the renovated basement effectively expands the usable space, something not fully captured in the square footage figures.
Frequently Asked Questions
1. Is the assessed value an accurate reflection of the market price?
No, it typically is not. The assessed value of $59.5k is for municipal tax purposes. The home last sold for $610k in 2021, and market price is determined by current local sales, like the provided comparables.
2. How does this home compare to others on the street?
It holds a strong position. It has a newer build year than 85% of the street, a larger lot than average, and its past sale price was in the top 30% for the street, suggesting it is considered a premium property on Degner Place.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify details. A prospective buyer should inquire about the scope, quality, permits, and the nature of the space (e.g., recreational room, bedroom, rental suite) to understand its full value.
4. The living area seems average for the neighbourhood. Is the house too small?
At 1,706 sqft, it is slightly below the neighbourhood median. However, the renovated basement adds functional space. This could be ideal for buyers seeking efficient, single-level living above grade, with bonus space below, potentially offering better value than a larger two-storey.
5. The home sold in 2021. Why is it likely back on the market?
While the reason isn't provided, the relatively short ownership period could be due to many common life changes (job relocation, family size change) and is not necessarily a red flag. The consistent maintenance and ranking data suggest a property that has been looked after during that time.