Property Overview: 1511 Leila Avenue, Amber Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated bi-level home at 1511 Leila Avenue offers a practical and modern living space in the established Amber Trails neighbourhood. Built in 2005, its key features include a renovated basement, a detached garage, and a living area of 1,203 sqft on a 3,498 sqft lot.
The appeal lies in its strong positional value and move-in readiness. The property ranks in the top 1% for lot size within its immediate neighbourhood and the top 7% on its street, providing above-average outdoor space. Its assessed value of $44,200 is notably in the top 1% for Leila Avenue, suggesting it is a standout property on the street from a municipal valuation perspective. The renovated basement adds functional living space without the need for immediate projects.
This home would suit first-time buyers or small families looking for a low-maintenance, modern property in a quiet area. It’s also a sensible choice for value-focused buyers who appreciate a home with strong fundamentals—like a large lot and recent updates—that already performs well compared to its neighbours, potentially offering stability in a desirable pocket of the community.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
While the assessed value of $44,200 is used for property tax calculation and indicates the home is a high-ranking property on its street, market value is determined by current buyer demand. Recent nearby sales and the home’s condition will ultimately set the price.
2. What does the "renovated basement" typically include in a bi-level?
In a bi-level home, the basement is partially above ground, offering better natural light. A renovation here usually means the lower level has been finished into proper living space, such as a family room, additional bedrooms, or a recreational area, adding significantly to the home’s usable square footage.
3. Is the lot size a major advantage?
Yes. At 3,498 sqft, the lot is larger than 99% of those in the immediate neighbourhood. This provides more private outdoor space, potential for gardening, or room for additions like a shed or deck, which is a notable perk in newer subdivisions.
4. How does this 2005-built home compare to others in the area?
The home is newer than 83% of properties in Winnipeg, offering modern construction standards. In Amber Trails, it’s newer than about 73% of homes, situating it as a relatively contemporary option in a mature neighbourhood.
5. What is the significance of the detached garage?
A detached garage provides flexible use—it can be a workshop or project space without concerns about noise or fumes entering the main house. It also can create a more appealing streetscape with a clear separation between the vehicle storage and living quarters.