Property Summary: 323 Bitterfield Drive, Amber Trails
Section 1: Key Characteristics & Appeal
This well-presented two-storey home in the popular Amber Trails neighbourhood offers a balanced, move-in-ready package. Its key characteristics include a modern 2016 build, a fully renovated basement, an attached garage, and a generous 4,493 sqft lot. The living space of 1,820 sqft is comfortably sized for family life.
The appeal lies in its strong position within a sought-after community. The property ranks in the top 5% for lot size on its street and the top 3% within Amber Trails, providing above-average outdoor space. While newer than 93% of Winnipeg homes, it’s on a street with even newer constructions, which may appeal to buyers seeking an established street without the unknowns of a brand-new development. The renovated basement adds immediate functional space without the need for projects.
This home would suit growing families or professionals looking for a low-maintenance, modern property in a mature subsection of Amber Trails. It’s ideal for buyers who value a larger lot and recent updates over having the absolute newest house on the block, offering a sweet spot between pristine condition and settled community.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely selling price?
The assessed value is a municipal figure for tax purposes and often differs from market value. Comparing it to nearby, similar homes (like the referenced properties on Bitterfield and Lakebourne) provides a better gauge of current market value.
2. The home sold in 2016 for $399k; what does that mean for today's price?
The 2016 sale price reflects the original purchase from the builder. The significant increase in assessed value since then indicates substantial equity growth and market appreciation, but the current price will be set by today’s market conditions.
3. Are the property rankings a sign of quality?
The rankings are useful for objective comparison. This home ranks highly for lot size in its area, a permanent advantage. Its slightly lower ranking for year-built on its specific street simply means a few immediate neighbours built more recently—it remains newer than most homes citywide.
4. What is the significance of the renovated basement?
A permitted, professionally renovated basement adds immediate liveable square footage, potentially for a rec room, home office, or guest space. It’s a key feature that saves the buyer from a major, costly renovation.
5. Who might the nearby "similar assessed value" properties be relevant for?
These homes in other neighbourhoods (like Elmhurst or Varsity View) share the same tax assessment. They are useful for buyers comparing cross-city value or considering different areas, as they indicate what price point similar assessed properties fall into across Winnipeg.