Property Overview & Key Characteristics
This well-situated home in Amber Trails offers a practical blend of space, location, and value. Built in 2009, it features 1,854 sqft of living space on a generous 4,725 sqft lot, with an attached garage and an unfinished basement. Its appeal lies in its established yet relatively modern construction within a popular neighbourhood, providing a solid foundation for a family home without the premium of a brand-new build.
The data suggests a property that balances well above-average rankings in some areas with room for personalization in others. For instance, it ranks in the top 10% of its street for lot size and year built, indicating a desirable position on a mature street. However, the living area is more middle-of-the-road for the immediate area, appealing to those who prioritize yard space over sheer interior square footage. The assessed value sits comfortably in the top tier for Winnipeg overall, pointing to stable municipal valuation.
This home would suit first-time buyers or growing families looking for a move-in ready house in a community with developed amenities and landscaping. It’s also a sensible option for value-conscious buyers who see potential in the unfinished basement as a project for future expansion, allowing them to add equity on their own terms.
Frequently Asked Questions
1. How does this home compare to others on the street?
It holds a strong position on its street, ranking in the top 18% for lot size and the top 9% for being a newer build (2009). This suggests it's one of the more modern homes on a larger-than-average parcel in the immediate area.
2. Is the price aligned with its assessed value?
The last recorded sale was in 2019 for $343,300. The current assessed value for municipal taxes is $54,700. It's important to remember that assessed value is for taxation purposes and does not directly determine market value. A professional appraisal and market analysis are needed to establish a current listing or sale price.
3. What does the "unfinished basement" mean for me?
The basement is a blank canvas. It provides significant additional space for storage, utilities, and future renovation. This is a key opportunity to add customized living space (like a rec room, home office, or additional bedroom) and increase the home's value, but it requires planning and investment.
4. How does the neighbourhood ranking work?
The rankings compare this property against all others in Amber Trails and Winnipeg. For example, ranking in the "Top 10%" for lot size in the neighbourhood means 90% of lots in Amber Trails are smaller. This helps quantify its relative standing in terms of size, age, and value.
5. The home sold in 2019. What can that tell me?
The 2019 sale price provides a historical benchmark, showing what a buyer was willing to pay under past market conditions. Comparing this to current similar sales (comps) in Amber Trails is essential to understand how local market values have trended since then.