Property Summary: 26 Marseilles Close, Amber Trails
Key Characteristics & Appeal
This is a well-established, spacious family home in Winnipeg's Amber Trails neighbourhood. Built in 2002, it sits on a large 7,780 sqft lot, offering more outdoor space than most in the area. The 2,166 sqft living area is notably generous, ranking in the top tier for size both locally and city-wide. Key features include an attached garage and a renovated basement, adding valuable finished space.
The appeal lies in its combination of space, a mature setting, and a strong value proposition. The home’s assessed value is in the top 5% for Winnipeg, suggesting it is a substantial asset, yet its last sale price in 2021 was significantly lower, which may indicate room for equity growth. It suits buyers looking for a move-in-ready, sizable home without the premium of a brand-new build. It’s ideal for a growing or multi-generational family who would benefit from the renovated basement and large yard, or for value-conscious buyers seeking a home with above-average dimensions and established neighbourhood charm. A less obvious perspective is that its high assessment relative to its last sale price could make it a compelling long-term hold in a neighbourhood that already shows stability.
Frequently Asked Questions
1. How does the 2021 sale price compare to the current assessed value?
The home sold for $52.80k in May 2021 and is now assessed at $63.20k. This increase suggests significant growth in its appraised market value over a short period, though the sale price is determined by the market.
2. Is the lot size typical for Amber Trails?
At 7,780 sqft, the lot is larger than average. It ranks in the top 50% on its own street and the top 12% within the broader Amber Trails neighbourhood, offering more private outdoor space than many comparable homes.
3. How does the living space compare to nearby homes?
With 2,166 sqft, this home is quite spacious. It ranks in the top 17% on its street and the top 14% in the neighbourhood, meaning it offers more interior square footage than most homes in the immediate area.
4. What does the "renovated basement" entail?
The listing confirms the basement is renovated, meaning it is finished as livable space. Specific details on the renovation scope, permits, or features should be verified with the seller or a viewing.
5. The home is 24 years old. What should I consider?
While well-established, a 2002-built home will have components, such as the roof, major appliances, and HVAC system, that may be nearing or past their typical lifespan. A thorough home inspection is recommended to assess the condition and plan for potential updates.