Property Overview & Key Characteristics
This well-maintained, one-storey home in Amber Trails offers a practical and modern living space built in 2014. Its key appeal lies in a desirable combination of a renovated basement, an attached garage, and a newer build that requires less immediate upkeep. The living area of 1,560 sqft is spacious for the style, ranking highly among similar homes on its street.
The property suits first-time buyers or downsizers seeking a single-level layout in a established, newer neighbourhood. It also appeals to value-conscious buyers who appreciate a home that’s past its initial settling phase but is still modern, with a finished basement adding immediate functional space. A thoughtful perspective is that while the lot size is generous, the home’s assessed value sits in a competitive middle range for the area, suggesting it’s a solid, benchmark property rather than an outlier, which can be an advantage for resale.
Frequently Asked Questions
1. How does this home compare to others in Amber Trails?
The home is newer than most in Winnipeg and the immediate neighbourhood, but is a fairly typical representation of Amber Trails housing from the 2010s. Its living space is on the larger side for a one-storey model here, while its lot size and assessed value are very close to the neighbourhood median.
2. What does the "renovated basement" likely include?
While specific finishes aren’t listed, a renovated basement in a home of this age typically means it has been finished into a livable space, potentially including a recreation room, additional bedrooms, or a home office, adding significantly to its usable square footage.
3. Is the property’s assessed value a good indicator of its market price?
Not directly. The assessed value is for municipal tax purposes. Notably, the last sold price in 2020 was significantly lower, reflecting market appreciation. Current pricing will be based on recent comparable sales and market conditions.
4. What are the less obvious pros and cons of a 2014 build?
A pro is that major components like roofing, windows, and appliances are likely still within their lifespan, delaying big expenses. A con is that any original builder-grade materials or systems may be nearing the point where upgrades or replacements are considered.
5. How does the lot size impact the property?
At over 5,200 sqft, the lot provides ample outdoor space, which is a strong asset. However, for a one-storey home, it also means a significant portion of the property's value is in the land itself, which is worth considering in your overall valuation.