56 Silkwood Crescent

Property Overview: 56 Silkwood Crescent, Amber Trails

Key Characteristics & Appeal

This two-storey home in Amber Trails presents a compelling blend of space, modern updates, and established neighbourhood living. Built in 2010, it sits on a large 6,499 sqft lot and features a generous 2,215 sqft of living area, placing it in the top tier of homes locally for size. A key feature is the renovated basement, adding valuable finished space. The home’s standout characteristic is its consistent top-ranking performance against local benchmarks; it ranks in the top 10-15% of its street, neighbourhood, and even city-wide for metrics like living area, assessed value, and its recent 2022 sale price of $650k. This suggests a property that has been both well-maintained and is considered premium within its immediate context.

Its appeal lies in offering a "best-in-class" option within a specific, family-friendly area. Buyers get a home that is newer than many in Winnipeg but is now past its initial settling phase, potentially offering more mature landscaping and an established community feel. It would ideally suit growing families or professionals seeking a move-in ready, spacious home in a popular suburb without venturing into brand-new construction. A thoughtful perspective is that this home likely represents a lower-risk purchase within Amber Trails—its superior rankings on key metrics indicate a proven desirability that may contribute to stronger value retention compared to smaller or older homes in the same area.

Frequently Asked Questions

1. How does the 2022 sale price relate to today's value?
The $650k sale provides a solid, recent benchmark, but market conditions have shifted since late 2022. It’s a strong starting point for understanding the home’s premium positioning, but a current market evaluation is essential.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish. Buyers should inquire about the quality, layout, permitted status, and whether it includes features like a bathroom or legal egress.

3. The home ranks highly for size, but how is the layout?
While the square footage is excellent, the flow and room proportions are not detailed. Viewing is crucial to see if the space is configured in a way that suits your lifestyle, as a large area doesn't guarantee a functional floor plan.

4. The assessed value is much lower than the sale price. Why?
Municipal assessed values in Manitoba are for tax purposes and are often significantly below market value. The consistent top-tier ranking of this assessment, however, indicates the city also recognizes it as a higher-value property in its class.

5. Amber Trails has many similar homes. What makes this one stand out?
The data suggests it stands out through its combination of lot size, living area, and recent sale price all performing at the very high end of the neighbourhood. Compared to nearby references, it offers more space on a larger lot than most, with a newer build date than some larger comparables.