Property Overview
This well-situated home in Amber Trails presents a compelling opportunity. Built in 2002, it features 1,762 sqft of living space on a generous 5,768 sqft lot, with an attached garage and a renovated basement. Its appeal lies in its established yet mature setting within a sought-after neighbourhood, offering more land and interior space than many newer builds in the area. The data suggests a property that balances space, location, and value, having last sold in late 2020.
Key Characteristics & Ideal Buyer
The home’s key characteristic is its above-average lot size, ranking in the top 17% on its street, which is a notable advantage in newer neighbourhoods where lots are often smaller. Combined with a renovated basement, this provides excellent potential for living and recreation space. Its assessed value is strong relative to Winnipeg overall (top 10%), yet recent comparable sales in Amber Trails indicate it may offer value relative to its immediate neighbourhood.
Its appeal is grounded in offering the established feel of a 20+ year-old community with mature landscaping, without sacrificing modern amenities. It would suit a buyer looking for a family home with room to grow outdoors, who values a turn-key condition with a finished basement over a brand-new build. It’s also a sensible fit for those who appreciate statistical indicators of stability, like a high percentile rank for year built on its street, suggesting it's among the newer homes in its specific section of the community.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value is a municipal figure for tax purposes. The more relevant indicators are the 2020 sale price and the prices of recent comparable sales in Amber Trails, which should be reviewed with a real estate professional to determine current market value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finish quality, permits, and the scope of work (e.g., full bathroom, legal windows) should be verified during a viewing and with the seller.
3. Is the lot size a major advantage here?
Yes. The lot is larger than 83% of those on its street, providing more private outdoor space than is typical in this part of Amber Trails. This is a key differentiator from many newer properties.
4. The home is 24 years old. What should I be mindful of?
While well-maintained, a home of this age may be approaching the time for updates or replacement of original components, such as the roof, HVAC system, or windows. A thorough home inspection is recommended.
5. How does this property rank for investment or resale potential?
The strong rankings for lot size and assessed value within Winnipeg are positive fundamentals. The neighbourhood's overall popularity and the home's desirable features like the basement renovation support its long-term appeal, though market conditions always play a role.