Property Overview: 87 Dana Crescent
Section 1: Key Features & Appeal
This well-maintained two-storey home in Amber Trails offers a balanced blend of modern comfort and established neighbourhood living. Built in 2016, it is a notably newer property compared to most in Winnipeg and on its street, meaning major components are still within their expected lifespan. The 1,869 sqft living area is complemented by a renovated basement and an attached garage, situated on a standard-sized lot.
The appeal lies in its move-in readiness and strong positional metrics. It ranks highly for its newness and assessed value within the broader city, suggesting a solid foundation of investment. It’s not the largest home on the block, but it sits comfortably above average for the neighbourhood in terms of size and value. This property would suit first-time buyers or young families looking for a modern home without the wait of new construction, as well as value-conscious buyers who appreciate a home that ranks well against city-wide benchmarks for newer builds.
A less obvious perspective is the potential for stability. Being newer yet not the newest on the street, the initial rapid depreciation phase has likely passed, and the home is settling into the established area's value pattern. The renovated basement adds flexible space that is already completed, avoiding a common post-purchase project.
Section 2: Frequently Asked Questions
1. How does the "newness" of this 2016 home compare practically?
At 10 years old, this home is significantly newer than the Winnipeg average. Practically, this often means updated building materials, more efficient modern standards, and less immediate concern for costly replacements of major items like the roof, furnace, or windows compared to an older home.
2. The assessed value is $57.10k, but what would the likely selling price be?
The assessed value is for municipal tax purposes and is typically much lower than market value. The last known sale was in 2016 for $38.10k. Current market value would be determined by recent sales of comparable homes, which you should review with your real estate agent.
3. What do the ranking percentages (e.g., Top 11% in neighbourhood) actually tell me?
These rankings compare this specific attribute (like living area or year built) against all other properties in the defined area. For example, ranking in the "Top 11% in neighbourhood" for year built means it is newer than 89% of homes in Amber Trails, a significant advantage.
4. The home sold for $38.10k in 2016. Why such a low historical price?
This almost certainly reflects the initial purchase price from the builder when the home was first built, not a resale transaction on the open secondary market. It represents the original value of the lot and construction.
5. Is the renovated basement a legal suite?
The provided details state it is a "renovated basement." There is no mention of a separate kitchen, entrance, or permits for a legal secondary suite. This should be verified through a viewing and municipal records if a suite is a requirement.