Property Overview: 143 Bitterfield Drive, Amber Trails
Section 1: Key Characteristics & Appeal
This two-storey home in Amber Trails is a modern, low-maintenance property built in 2015. Its key features include a renovated basement, an attached garage, and a generous 5,370 sqft lot. With 1,824 sqft of living space, it offers a practical layout for family life.
The appeal lies in its balance of being a relatively newer build in a well-established neighbourhood. The data suggests it holds its value well, with a sold price in 2022 that ranks in the top tier for the area. Its assessed value is consistently strong compared to similar homes on the street and across Winnipeg, indicating a solid investment. The renovated basement adds immediate functional space without the need for a major project.
This home would suit first-time buyers looking for a move-in-ready property without the concerns of an older home, or growing families seeking a modern layout in a community with other young families. It’s also a sensible choice for value-conscious buyers who appreciate a home that has already seen strategic updates and performs well in key market metrics.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top half of Bitterfield Drive for lot size, living area, and assessed value. Notably, its 2022 sale price was in the top 3% for the street, suggesting it is one of the more desirable properties on the block.
2. Is the neighbourhood still developing?
Amber Trails is an established community. With this home built in 2015, it is actually one of the newer homes in the area, ranking newer than 83% of the neighbourhood. You benefit from mature landscaping and settled infrastructure.
3. What does the sold price history indicate?
The home sold for $44,900 in 2019 and $67,100 in 2022. This significant increase reflects strong market appreciation during that period and provides a clear, recent benchmark for its market value.
4. How does the assessed value relate to the likely selling price?
The current assessed value is $57,800. It’s important to note that the home last sold for well above that figure in 2022. Assessments are for tax purposes; market value is determined by current buyer competition and can be higher or lower.
5. Are the comparison properties provided similar?
The listed nearby properties are useful for gauging the Amber Trails area, but specifics vary. Some have more living space, some less. 143 Bitterfield Drive’s combination of a newer build, renovated basement, and strong value rankings distinguishes it within the set.