Property Overview: 71 Jutland Road, Amber Trails
Key Characteristics & Appeal
This is a well-maintained, modern family home built in 2013, offering a practical and comfortable living space in the established Amber Trails neighbourhood. Its key appeal lies in a balance of relative newness and settled community. With 1,900 sqft of living space, an attached garage, and a good-sized 5,036 sqft lot, it provides the essential components for family life without excessive upkeep.
The home’s strength is its solid positioning within its immediate context. It ranks highly for its newer age (top 10% in Winnipeg) and above-average living area, suggesting it’s a more contemporary and spacious offering compared to many city-wide options. While the interior features a functional, unrenovated basement, this presents a clean slate for future customization. The property would suit first-time buyers or growing families looking for a move-in-ready home in a quiet suburban area, who value modern construction standards and are possibly willing to tackle basement finishing down the line to add value. A thoughtful perspective is that its last sale price in 2020 was notably lower than its current assessed value, indicating significant market movement; buyers should consider this in the context of current interest rates and neighbourhood comparables.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top half of Jutland Road for lot size and living area. Crucially, it’s one of the newest homes on the street, ranking in the top 8%, meaning it likely requires fewer immediate updates than older neighbours.
2. What does the "unrenovated basement" imply?
The basement is developed but has not been recently updated. It’s functional space that is likely finished to a basic standard from 2013. This is not a drawback, but an opportunity—it’s a clean, blank canvas for personalization without the need for a major structural conversion.
3. The assessed value is higher than the 2020 sale price. What does this mean?
The assessed value of $540k is a municipal valuation for tax purposes and reflects market trends. The $480k sale in late 2020 occurred during a different market cycle. This gap highlights the importance of a current market evaluation to determine a competitive listing or offer price today.
4. Is the property a good investment relative to the area?
Its assessed value ranks in the top 13% in Winnipeg, suggesting it’s considered a higher-value property city-wide. In Amber Trails specifically, it sits just above the neighbourhood median. This indicates a strong baseline of value that should be weighed against recent sales of similar homes.
5. What is the neighbourhood feel like?
Amber Trails is a mature, family-oriented suburb. The close proximity of similar homes on Jutland Road, as noted in the nearby properties list, suggests a consistent, established streetscape with a community feel.