63 Amber Trail

Property Summary: 63 Amber Trail

Section 1: Key Characteristics & Appeal

This two-storey home in Amber Trails is a well-established property built in 2004, offering generous space and a solid foundation. Its key appeal lies in its above-average scale and recent updates. With 2,187 sqft of living area, it ranks in the top 10% for size on its street and a remarkable top 6% across all of Winnipeg, making it a notably spacious offering. The home sits on a large 5,794 sqft lot and features an attached garage and a renovated basement, adding valuable functional space.

The property suits buyers looking for a move-in-ready home with room to grow, without the premium price of a brand-new build. It’s ideal for families who value established neighbourhoods with mature landscaping, or for those who appreciate space but don’t want the maintenance of an older, character home. A thoughtful perspective is its position as a "later-generation" home in Amber Trails; it offers more square footage and a larger lot than many newer builds in the area, which often come at a higher price per square foot on smaller parcels. The 2016 sale price suggests potential for equity growth, and its assessed value ranks highly, indicating strong municipal valuation relative to the city.

Section 2: Frequently Asked Questions

1. How does the age of this home (2004) compare to others in Amber Trails?
It is older than many homes in this neighbourhood. While newer builds on the street date to 2013-2014, this property is in the top 22% for age on Amber Trail, meaning it is one of the older homes on the street but still modern by city-wide standards.

2. Is the living space efficiently configured?
At 2,187 sqft, the living area is significantly larger than most comparable nearby properties (which often range from 1,300 to 2,100 sqft), suggesting a very efficient or expansive floor plan. The renovated basement likely contributes to this usable space.

3. What does the assessed value tell us?
The assessed value of $579,000 ranks in the top 9% in Winnipeg and top 28% in the neighbourhood. This indicates the city assesses it as a high-value property overall, which can be a marker of stability, though market price is determined by current conditions.

4. How does the lot size impact the property?
The 5,794 sqft lot is larger than average, offering more outdoor space than many newer developments. This is a key differentiator for buyers seeking yard space, privacy, or gardening potential in a modern neighbourhood.

5. What is the context of its last sale price?
The home sold for $435,000 in September 2016. The significant gap between that price and the current assessed value primarily reflects broad market appreciation over eight years, not necessarily specific renovations, though the basement update would contribute.