Property Overview & Key Characteristics
This well-situated home in Amber Trails offers a compelling blend of space, established value, and modern comfort. Its key appeal lies in a generous, nearly 13,000 sqft lot that ranks in the top 2% of the neighbourhood, providing exceptional outdoor space rarely found in newer communities. The 1,859 sqft, one-storey layout is practical, and the home benefits from a renovated basement. Built in 2011, it strikes a balance between being established and still relatively modern.
The property’s standout feature is its proven and strong valuation. With an assessed value significantly higher than many nearby comparables, it sits in the top 1% of Amber Trails and the top 2% city-wide for this metric, indicating a history of above-average investment and care. This isn't a starter home; it suits buyers looking for a long-term family residence with room to grow, or those who prioritize lot size and perceive solid, data-backed equity in their purchase. It’s for someone who wants the finished, move-in-ready feel of a newer home but on a mature, spacious parcel of land.
Frequently Asked Questions
1. Why is the assessed value so much higher than nearby homes?
The assessed value of $78.50k is notably higher than the listed comparables, which range from the $40ks to $60ks. This typically reflects significant improvements (like the renovated basement), premium lot characteristics, and the property's strong market position as determined by municipal assessment.
2. What does the lot size actually mean for me?
At 12,843 sqft, the lot is substantially larger than average for the area. This translates to greater privacy, expansive backyard potential for gardens, play structures, or entertaining, and a general sense of openness that is increasingly rare in newer subdivisions.
3. The home sold in early 2021. What does that history suggest?
The previous sale price of $66.50k in January 2021, followed by the current higher assessed value, suggests the owners have likely added value during their tenure. It also provides a clear recent benchmark for market performance.
4. How does the "one storey" layout work for families?
The single-level living area of 1,859 sqft offers accessible, flowing living spaces without stairs, which can be ideal for young families monitoring children or for planning ahead for aging in place. The renovated basement adds significant additional functional space.
5. The home is 15 years old. What should I consider?
A 2011 build means major components are likely original but entering a key maintenance phase. A thorough inspection of the roof, HVAC, and exterior finishes (siding, caulking) is advised. The upside is that the neighbourhood and landscaping are well-established.