Property Overview & Key Characteristics
This 2017-built home in Amber Trails offers a modern, low-maintenance foundation in a sought-after neighbourhood. Its key appeal lies in the balance of being a relatively newer property with a renovated basement, positioned on a good-sized lot. The data suggests it stands out on its street for its newer age and higher assessed value, ranking in the top tiers for those metrics locally. However, its living space is more typical for the area.
The home would suit first-time buyers or young families looking for a move-in-ready property without the immediate concerns of an older home. It also appeals to value-conscious buyers who appreciate the finished basement space and the stability of a home that has already seen significant equity growth since its 2017 sale. The strong rankings within Amber Trails indicate it's a solid contender within one of Winnipeg's desirable communities.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top third for lot size, but more notably, it's in the top 10% for being a newer build on Templeton Avenue. Its assessed value is also in the top 7% of the street, suggesting it is viewed favourably relative to its immediate neighbours.
2. Is the assessed value in line with similar homes?
Yes. The assessed value of $55.70k is very consistent with similar-sized, modern homes in Amber Trails, as shown in the comparable listings. It sits comfortably in the middle range of the provided examples.
3. What does the neighbourhood ranking indicate?
Ranking in the top 2% for lot size in Amber Trails is significant. It means this property has a larger yard than the vast majority of homes in this specific community, which is a notable advantage in a newer suburb.
4. The home sold for $37.10k in 2017. What does that mean?
This reflects the purchase price when the home was newly built. The increase to the current assessed value indicates substantial equity growth over nine years, which is a positive historical trend for the property.
5. How does the living space compare?
At 1,600 sqft, the living area is above average for its street but more middle-of-the-road for the broader Amber Trails neighbourhood. Buyers should consider if the space meets their needs, as the value appears driven more by the lot, age, and finished condition than by sheer interior size.