Property Overview
This well-maintained, single-storey home in Amber Trails offers a practical and comfortable living space. Its key appeal lies in its balance of a generous lot size, a recently renovated basement, and a location that provides solid value within a mature neighbourhood. Built in 1992, the home sits on a large 5,738 sqft lot, which is notably above average for its street. The 1,407 sqft living area is also spacious for the area. A significant feature is the renovated basement, adding valuable finished space. The attached garage and the home’s overall ranking—consistently in the top third for size and year built within its immediate area—suggest a property that has been well-kept and stands out among its direct neighbours.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing indoor and outdoor space. It’s also a sensible choice for value-focused buyers who appreciate a home that ranks well on core metrics like lot size and living area within its local context, rather than just city-wide comparisons. The renovated basement adds flexibility for a home office, family room, or guest space.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At 5,738 sqft, the lot is in the top 22% for size on Verona Drive itself, meaning it's significantly larger than most of its immediate neighbours, which is a notable advantage for outdoor space and privacy.
2. The home was built in 1992. What should I consider?
While the structure is mature, its build year is newer than 90% of homes on its street, suggesting the neighbourhood is well-established. A thorough inspection of major systems (roof, windows, HVAC) for their age and condition would be a standard and prudent step.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. It's essential to ask for details on the work completed, whether proper permits were obtained, and the quality of the finishes to understand its true value and functionality.
4. The last sale was in 2016 for $340k. How is that relevant?
This provides a historical price point, but the market has changed significantly since then. The current assessed value is notably different, so this 2016 price is more useful for understanding long-term ownership history than for determining current market value.
5. How does this property rank in the broader area?
The home consistently ranks in the top 25-40% within its neighbourhood for key features like living area and lot size. This indicates it is a above-average property within Amber Trails itself, even if its rankings across all of Winnipeg are more moderate—a sign of a solid, desirable home in its local market.