12 Courland Bay

Property Overview

12 Courland Bay is a well-maintained, detached home in Amber Trails, built in 2001. Its appeal lies in a balance of established community roots and modern updates, most notably a renovated basement. The property sits on a generous 5,492 sqft lot, offering above-average outdoor space for the immediate area. With 1,636 sqft of living space, it provides comfortable room for a small family or couple. The home’s consistent value growth, with a steady increase in sale price over the last several years, points to a stable and appreciating investment in a mature, sought-after neighbourhood.

Key Characteristics & Ideal Buyer

This home’s key characteristic is its solid, middle-ground positioning in the market. It isn’t the newest or largest on the block, but it outperforms many peers in specific metrics: its lot size is in the top quarter of the street, and its assessed value ranks highly within both Winnipeg and the street itself, suggesting official recognition of its condition and appeal. The renovated basement adds immediate functional living space without the need for a major project.

The appeal is practical and financial. It suits a buyer looking for a move-in-ready home in a settled neighbourhood, who values a larger yard and is reassured by a clear history of value appreciation. It would particularly suit first-time buyers stepping into a family-friendly area, or downsizers seeking a manageable property without sacrificing yard space. A thoughtful perspective is that this property represents a "value anchor" on its street—it’s a benchmark of stable, proven worth in a mix of older and newer homes, offering less risk than a brand-new build but more modern livability than an older, unrenovated property.

Frequently Asked Questions

1. Is there a garage?
No, the property does not include a garage. This is a trade-off for the larger lot size and should be factored into planning for vehicle storage.

2. How does the property compare to others nearby?
The data shows a strong position. Its assessed value is in the top 31% on its own street and top 12% city-wide, indicating it is viewed favourably relative to many other Winnipeg homes. The lot size is a standout feature locally.

3. What is the history of the property's value?
The home has sold steadily every few years with a clear upward trend: from $39.5k in 2016 to $54.7k in 2021. This pattern suggests a stable, appreciating market for this specific home.

4. The home was built in 2001. What should I be aware of?
A 25-year-old home is past its initial brand-new phase but is typically before the period when major components like the roof, windows, or furnace might require full replacement. A thorough inspection is advised to assess the remaining lifespan of these elements.

5. How does the living space compare?
At 1,636 sqft, the living area is comfortably above the median for the neighbourhood and city. It is not the largest available, but it is situated on one of the larger lots on the street, which can sometimes offer potential for future expansion, subject to local bylaws.