Property Overview
273 Amber Trail is a well-maintained family home in Winnipeg's Amber Trails neighbourhood. Built in 2011, it offers a practical layout with 1,760 sqft of living space on a generous 5,700 sqft lot. Key features include an attached garage and a renovated basement, adding valuable functional space. The property’s appeal lies in its established yet modern feel within a popular community, offering a balance of space and manageability.
The home suits first-time buyers looking for a move-in-ready property without the concerns of an older build, as well as growing families seeking a stable neighbourhood with good-sized yards. A thoughtful perspective is its strong ranking for assessed value within Winnipeg (top 8%), suggesting it is viewed as a solid asset relative to the broader market, which may appeal to the value-conscious buyer. Its consistent value growth since 2017 also indicates a stable investment in a desirable area.
Key Details & Questions
What are the key characteristics?
This is a 15-year-old cabover-style home with 1,760 sqft of living space, a renovated basement, an attached garage, and a 5,700 sqft lot. It is situated in the Amber Trails neighbourhood.
Where does its appeal lie?
The appeal is in its modern construction, low-maintenance age, and the added living space from a finished basement. The lot size is above average for the street, offering more outdoor space. Its assessed value ranks highly city-wide, indicating strong long-term value.
What type of buyer would it suit?
It is an excellent fit for first-time homebuyers, young families needing functional space, or downsizers looking for a single-level living potential (main floor primary bedroom typical of cabovers) without a large yard to manage.
How does it compare to nearby homes?
The home ranks in the top half of its street for lot size and living area. Its assessed value is in the top 17% on its street and top 8% in Winnipeg, meaning it is valued higher than most comparable properties in the city.
What does the price history indicate?
The home sold for $40,600 in 2017 and $55,400 in 2021. The current assessed value is $58,200, showing steady appreciation. This pattern suggests a stable and growing market value for the property.