Property Overview & Appeal
This well-established home at 14 Odessa Cove in Amber Trails offers a balanced proposition for buyers seeking a solid, renovated property in a mature neighbourhood setting. Its key characteristics include a renovated basement, an attached garage, and a generous 5,619 sqft lot, which ranks in the top third for size on its street. Built in 2005, the home presents a practical, move-in-ready canvas.
The appeal lies in its proven stability and value. With an assessed value that places it in the top 12% for value retention across Winnipeg, it represents a lower-risk entry into a desirable area. The recent basement renovation adds immediate modern utility without the need for initial projects. This property would suit first-time buyers or downsizers looking for a manageable 1,631 sqft layout without compromising on outdoor space, or an investor attracted by the neighbourhood's consistent valuation history and rental demand. It’s a home for those who prioritize a quiet, established street and a finished product over a brand-new build.
Frequently Asked Questions
1. How does this home compare to others in Amber Trails?
While newer homes in the area offer more modern floor plans, this property holds its own with a larger-than-average lot and a renovated basement. Its assessed value is competitive, sitting comfortably in the middle of the neighbourhood range, suggesting it is fairly priced relative to its offerings.
2. What does the sold price history indicate?
The home sold for $54.50k in September 2021, and its current assessed value is $54.90k. This indicates stable market value over the last few years, with no dramatic fluctuations—a sign of a steady property in a settled area.
3. Is the lot size a significant advantage?
Yes. At over 5,600 sqft, the lot is notably larger than many in newer subdivisions. This provides ample private outdoor space, room for gardening, or potential for additions like a shed or deck, which is a premium in today’s market.
4. The home is 21 years old. What should I consider?
A home of this age is likely past any initial settling issues but will require routine maintenance on major components like the roof, HVAC, and windows. The renovated basement is a plus, but a thorough inspection of these core systems is advised.
5. Who are the typical neighbours?
Given the street’s consistency in age and value, neighbours are likely long-term residents, creating a stable and quiet community atmosphere. This is ideal for buyers seeking established roots rather than a transient, construction-heavy environment.