Property Overview
This two-storey home at 83 Jutland Road in Amber Trails presents a compelling blend of modern comfort and established neighbourhood living. Built in 2013, it sits on a generous lot and features a renovated basement and an attached garage. The home’s appeal lies in its balance: it’s a relatively newer build in a settled area, offering move-in readiness with room for personalization. Its strong rankings for lot size and newer construction year within its immediate street and the wider city suggest a solid, above-average foundation for the area.
This property would suit first-time buyers or young families looking for a modern home in a convenient, family-oriented neighbourhood without the wait and uncertainty of new construction. It also appeals to value-conscious buyers who prioritize a renovated basement as finished living space and appreciate a home that ranks well on key metrics like lot size and age compared to its local peers.
Key Questions & Considerations
1. How does the 2020 sale price compare to today's likely value?
The home sold for $460,000 in January 2020. Market conditions have shifted since then, so a current valuation would require a professional assessment based on recent comparable sales, updates made to the home, and present market trends.
2. What do the "rankings" actually mean for me?
These rankings compare this property against others on its street, in Amber Trails, and across Winnipeg. For example, ranking in the top 13% for lot size on its street means the lot is larger than 87% of its immediate neighbours, a positive for outdoor space. Conversely, its mid-range ranking for living area suggests the interior size is typical for the area.
3. Is the renovated basement permitted and finished to a high standard?
The listing notes a renovated basement, which adds valuable living space. It’s wise to verify the quality of the renovation, whether it was permitted, and if it includes proper moisture protection, as basements can be prone to dampness.
4. The assessed value is much lower than the last sale price. Why?
Municipal assessed value ($57,400) is used for calculating property taxes and is not intended to reflect market value. It is typically derived from mass appraisal techniques and lags behind the current real estate market. The market value is determined by what a buyer is willing to pay.
5. How does this home compare to the reference property at 29 Bitterfield Drive?
The listed reference home is slightly newer (2014) and larger in living area (2,138 sqft vs. 1,893 sqft) with a very similar assessed value. This suggests 83 Jutland Road may offer a competitive price point for its size, with the potential trade-off being slightly less interior square footage but a larger lot and a renovated basement.