Property Overview: 1463 Leila Avenue
Key Characteristics & Appeal
This is a well-maintained, single-storey home in Amber Trails, built in 1988. Its key features include a renovated basement and a detached garage on a spacious, near-5,000 sqft lot. The home’s practical layout offers just over 1,000 sqft of living space.
The appeal lies in its solid, established neighbourhood setting and recent updates. The renovated basement adds valuable flexible space, whether for a family room, home office, or guests. The large lot is a standout, offering room for gardening, play, or future expansion—a feature becoming less common in newer subdivisions. While the home itself is modest in size, its assessed value ranks highly on its street, suggesting it is a well-regarded property in its immediate area.
This property would suit first-time buyers looking for a move-in-ready home with a low-maintenance footprint, or downsizers seeking single-level living without sacrificing yard space. It’s also a pragmatic choice for investors or buyers who prioritize land size and the potential of a finished basement over a larger main floor area.
Frequently Asked Questions
1. How does this home compare to others in the area?
Based on available data, this home’s lot size is above average for the street and neighbourhood. Its living area is comfortable, though smaller than many nearby comparables, which often range from 1,200 to 1,800 sqft. Its last sold price in 2021 positioned it in the top quarter of sales on its street at that time.
2. What is the neighbourhood like?
Amber Trails is part of the broader Maples area in northwest Winnipeg. It’s an established community with a mix of older and newer homes, offering a settled feel with mature trees and larger lots compared to many modern developments.
3. Is the basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income.
4. What might the large lot mean for me?
Beyond extra outdoor space, the lot presents opportunities not always available with newer homes: space for a sizable shed, a potential future addition (subject to zoning), or simply more privacy and distance from neighbours.
5. How does the assessed value relate to market price?
The assessed value is for municipal tax purposes. The 2021 sale price provides a more recent market benchmark, but current conditions and the home’s updated condition will ultimately determine its value. Comparing it to similar nearby properties currently on the market is essential.