Property Overview & Key Characteristics
This well-maintained bi-level home at 20 Novara Drive in Amber Trails offers a practical and comfortable living space. Built in 1999, it sits on a generous 5,422 sqft lot, providing ample outdoor space that ranks well above average for its street. The home features 1,369 sqft of living area, an attached garage, and a key highlight: a renovated basement that adds significant functional space. While the home itself is not the newest in the established neighbourhood, its recent basement renovation modernizes a major portion of the living area.
The appeal lies in its balance of established community charm and tangible updates. The renovated basement is a major value-add, offering flexibility for a recreation room, home office, or additional bedrooms. Its lot size is a standout feature for the street, promising good privacy and yard potential. The property would suit first-time buyers or young families looking for a move-in ready home with modernized living space in a mature neighbourhood, as well as practical buyers who prioritize usable square footage and outdoor space over having a brand-new build. A thoughtful perspective is that while the home's assessed value is strong for the area, its recent 2023 sale price suggests it may represent solid value within the Amber Trails community.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
At 5,422 sqft, the lot is notably larger than many on the same street, ranking in the top 23% on Novara Drive. This is a significant asset for outdoor space and privacy.
2. What does "renovated basement" typically include in this context?
While specific finishes should be verified, a renovated basement in a home of this age generally means updated flooring, drywall, and lighting, transforming it from a basic utility space into finished, livable square footage.
3. The home was built in 1999. Are there any major components nearing replacement?
A home of this age may be approaching the typical lifespan of original major components like the roof, HVAC system, or water heater. A thorough inspection is recommended to assess their current condition.
4. How does the property's value fit within Amber Trails?
With an assessed value of $470k, this home ranks in the top 22% of the neighbourhood, indicating it is considered a higher-value property in the area. This is supported by its above-average lot and living space.
5. What is the neighbourhood character of Amber Trails?
Amber Trails is a mature, established neighbourhood. The mix of home ages on the comparison list—from 1999 to 2014—shows a community with a blend of original and newer homes, suggesting a stable, evolving area.