Property Overview & Key Characteristics
This two-storey home at 342 Emberwell Street is a modern, low-maintenance property built in 2024. Its primary appeal lies in its new-build status within the established Transcona North neighbourhood, offering a balance of contemporary living without the premium often associated with brand-new developments. Key features include an attached garage and a full, unrenovated basement that presents a clean slate for future customization.
The home sits on a generous 3,905 sqft lot, which is larger than most on its street and in Winnipeg overall, providing excellent outdoor space potential. With 1,505 sqft of living area, it offers practical family-sized accommodation. Its assessed value positions it solidly in the middle range for the area, suggesting a market-friendly entry point.
This property would suit first-time buyers or young families seeking a move-in-ready home with modern building standards and minimal immediate repair concerns. It’s also a sensible choice for value-oriented buyers who appreciate the upside of a large lot and a blank-canvas basement in a newer build, seeing them as opportunities for future equity growth rather than just finished spaces.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is unfinished. This is often seen as a benefit in a newer home, as it allows the buyer to customize the space to their specific needs and budget without having to first undo someone else’s work.
2. How does this home compare to others on the street?
The home ranks highly for its newness (top 9% on the street) and lot size (top 18%). Its living space is comfortably in the middle range for the street, making it a balanced offering that isn't the largest, but benefits from being one of the newest.
3. What does the assessed value tell me?
The assessed value of $45,700 is a municipal valuation for tax purposes, not a market price. It places this home in the top third for value on its street and neighbourhood, indicating it's considered a substantive property within the local context, which can be a positive signal for stability.
4. The listing mentions "rankings." What do they mean?
These percentile rankings compare this specific property against all others on its street, in Transcona North, and in Winnipeg for metrics like lot size and year built. For example, being in the "top 24% in Winnipeg" for lot size means 76% of Winnipeg properties have a smaller lot, highlighting a relative strength.
5. Who might this property not suit?
Buyers looking for a fully turnkey property with a finished basement and extensive upgrades may prefer an older, renovated home. Similarly, those seeking a very large interior square footage or specific character might find newer, mid-sized homes like this one too standard in layout.