Property Overview & Key Characteristics
This well-situated home in Amber Trails presents a compelling blend of space, established value, and a highly desirable location. Its key appeal lies in the substantial, nearly 17,000 sqft lot, placing it in the top tier for land size within its immediate area. The home itself is a renovated one-storey bungalow with a comfortable 1,847 sqft of living space, built in 2007. The data underscores a strong investment profile: its assessed value ranks in the top 3% of Winnipeg, and its recent sale price aligns closely with this high assessment, indicating solid market validation.
The property would suit buyers looking for a established home in a mature neighbourhood setting, particularly those who value expansive outdoor space and a bungalow layout. It’s ideal for anyone seeking a property with statistically proven equity and desirability, from growing families wanting room to play to downsizers looking for single-level living without compromising on lot size.
Frequently Asked Questions
1. How does the lot size compare practically?
At 16,727 sqft, the lot is significantly larger than many newer properties. This allows for exceptional privacy, gardening potential, and space for additions like a large deck, shed, or play area.
2. The home was built in 2007. What should I consider?
Being nearly 20 years old, major components like the roof, HVAC, and windows are entering a stage where inspection is prudent. However, this age also means the landscaping is established and any initial "newness" issues have long been resolved.
3. The assessed value is notably high for the area. What does this mean?
A consistent assessment in the top percentiles city-wide typically reflects the premium lot size, recent renovations, and the overall desirability of the Amber Trails neighbourhood. It's a strong indicator of the property's baseline market value.
4. Is the living space size competitive?
At 1,847 sqft, the living area is above average for Winnipeg but more moderate within its own street. This suggests the home's value is driven more by the land and overall package than by sheer interior square footage alone.
5. What is the neighbourhood context?
Amber Trails is a established area. The provided comparable properties on Amber Trail itself are newer (2013/2014) but sit on smaller lots with lower assessed values, highlighting how this property's mature lot and renovations command a premium.