Property Overview
This well-maintained, one-storey home in Amber Trails offers a practical and comfortable living space, built in 2012. Its key appeal lies in a desirable combination of a renovated basement, a generous lot size for the area, and a location within a stable, family-oriented neighbourhood. The home presents a solid value proposition, particularly for its assessed value ranking well above average for Winnipeg.
Key Characteristics & Ideal Buyer
The property’s standout feature is its fully renovated basement, adding valuable finished living space to the 1,237 sqft main floor. With an attached garage and a land area of nearly 5,000 sqft, it provides ample room for parking, storage, and outdoor activities. The data suggests a thoughtful perspective: while the living area is notably spacious compared to others on the street, the lot size and assessed value rank even higher within the broader neighbourhood and city. This indicates you’re getting a proportionally larger piece of land and a strong municipal valuation for the price point, which can be a smart long-term investment.
Its appeal is grounded in move-in readiness and space efficiency. It would suit first-time buyers looking for a modern home without the premium of a brand-new build, or downsizers seeking single-level living with the bonus of a finished lower level for guests or hobbies. The strong rankings in lot size and assessment value also make it a sensible choice for buyers who prioritize the land component and fiscal stability in their investment.
Frequently Asked Questions
1. How does the recent sale history affect the current price?
The home sold in July 2022 for $56,500k. The current assessed value is $50.70k. This difference is a common starting point for discussion, reflecting market changes, improvements made, and the owner’s pricing strategy.
2. Is the living space primarily on the main floor?
Yes. As a one-storey building type, the 1,237 sqft of living area is primarily on the main floor, offering the convenience of single-level living. The renovated basement provides additional, flexible space.
3. How does the lot size compare to others in Amber Trails?
At 4,925 sqft, the lot ranks in the top 21% for size within the neighbourhood, meaning it’s larger than most. This is a significant advantage for privacy, outdoor use, and future potential.
4. What does the "rank by year" data mean for a 2012 home?
Being in the top 89% for year built in Winnipeg means this home is newer than approximately 89% of properties in the city. It offers modern construction standards without being part of the newest, often higher-priced, construction wave.
5. Are the nearby and similarly-valued properties good comparables?
The listed properties are useful directional comparables. Those on the same street help gauge the immediate area, while homes with similar assessed values in other neighbourhoods can provide context for what this price point offers across different parts of Winnipeg.