Property Overview: 347 Amherst Street, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2019, stands out for its modern construction and generous living space in the King Edward neighborhood. With 1,604 sqft of living area, it ranks in the top 2% of homes on its street and in the area, offering significantly more interior room than most comparable properties. Its appeal lies in this combination of a like-new build with a renovated basement and a detached garage, providing move-in readiness and modern efficiencies. The home’s assessed value also places it in an elite tier locally, suggesting a premium property within its immediate context.
It would best suit buyers prioritizing a modern, low-maintenance home without sacrificing interior space, particularly those looking in established central neighborhoods. A thoughtful perspective is that while the lot size is smaller than average, this often translates to less yard upkeep, aligning perfectly with the desire for a newer home. The trade-off is a modern, spacious interior on a more manageable parcel—a compelling choice for professionals, small families, or downsizers seeking quality and convenience over extensive grounds.
Frequently Asked Questions
1. How does such a new home exist in this neighborhood?
Built in 2019, this property is a relatively recent infill development, offering modern amenities and construction in an established area—a rare find that explains its high ranking for year built.
2. The assessed value seems low. Is that accurate?
The assessed value figures are consistent within the hyper-local context of Amherst Street and King Edward. It ranks in the top 3% for the area, indicating it is a high-value property relative to its immediate peers, many of which are older.
3. What are the implications of the smaller land area?
The lot is compact, which means less exterior maintenance. This can be a benefit for those seeking a low-maintenance lifestyle. However, it may limit options for large-scale additions or extensive landscaping projects.
4. Has the property value increased?
Based on available sold price ranges, the property likely appreciated between its 2020 and 2023 sales. For the exact sold price history to confirm this, you can request the details via email from the listing source.
5. What is the neighborhood like with such a mix of old and new homes?
King Edward features classic Winnipeg character. A newer home like this offers modern comforts while benefiting from the mature streetscape and established community feel of the area.