Property Overview
This well-established one-storey home at 128 Amber Trail in Winnipeg's Amber Trails neighbourhood presents a practical and comfortable living opportunity. Built in 1992, it sits on a generous 6,810 sqft lot, offering more outdoor space than many of its immediate neighbours. The home features 1,732 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its established setting, larger-than-average lot, and the value-add of a finished lower level. This property would suit first-time buyers looking for a move-in-ready home with space to grow, downsizers seeking single-level living without compromising on yard size, or pragmatic investors attracted to a stable neighbourhood with consistent demand.
Key Details & Considerations
- Key Characteristics: A 1992-built, one-storey home on a 6,810 sqft lot with 1,732 sqft of living space. It includes an attached garage and a renovated basement.
- The Appeal: The lot size is a standout feature, providing ample private outdoor space in a mature neighbourhood. The renovated basement adds immediate functional living area without the need for projects.
- Ideal For: First-time buyers, downsizers preferring single-level living, or value-focused investors. It's for those who prioritize space and practicality over a brand-new build.
Frequently Asked Questions
1. How does the property compare to others in the area?
The home ranks highly for its lot size, placing in the top 17% within Amber Trails. While the living area is near the neighbourhood median, the combination of a large yard and a renovated basement offers a competitive package.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and the nature of the space (e.g., rec room, additional bedrooms, legal suite potential) to understand its true value.
3. The home was last sold in 2016. What does that indicate?
A nine-year ownership period suggests a stable history and a seller who likely maintained the property as a long-term home, not a quick flip. It provides a clear, recent market price point ($370k in 2016) for comparison.
4. Is the assessed value a reliable indicator of the listing price?
No, the municipal assessed value ($52.70k) is for taxation purposes and is typically far below market value. The 2016 sale price and current area comparables are much more relevant for determining today's likely listing or sale price.
5. What are the less obvious factors to consider here?
The home's age (34 years) means essential systems like the roof, windows, and HVAC may be near or due for replacement. However, its build year is newer than over 75% of Winnipeg homes, suggesting potentially fewer major updates than in much older stock. The mature neighbourhood offers established trees and community character but may have different styles and amenities compared to newer subdivisions.