Property Overview & Key Characteristics
This two-storey home on a generous lot in Amber Trails is a well-established property in a desirable neighbourhood. Built in 2011, it offers over 2,100 square feet of living space and features an attached garage and a renovated basement. Its appeal lies in its balance of space, modern updates, and a strong position within its community. The data suggests it's a solid, above-average home for the area, with a living area and lot size that rank in the top tiers locally. It last sold in late 2022, providing a relatively recent market benchmark.
This home would suit buyers looking for a move-in ready family home in a mature, newer neighbourhood without the premium of a brand-new build. It’s ideal for those who value a renovated basement as immediate living or recreational space and appreciate a property that holds its own in comparative rankings for size and value within Winnipeg.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average for lot size and living area on Lakebourne Drive. However, being built in 2011, it is older than many neighbouring homes, which may influence style and potential future maintenance schedules compared to newer builds on the street.
2. What does the assessed value indicate?
The assessed value is a municipal figure for tax purposes and is typically below market value. The fact that it ranks very highly (top 11% in Amber Trails) suggests the city views it as a substantial property for the area, but the 2022 sale price is a more current indicator of its market worth.
3. Is the renovated basement a full legal suite?
The listing states the basement is renovated but does not specify it as a legal suite. Buyers should verify the permits and nature of the renovations to understand if it’s a legal dwelling unit or simply finished living space.
4. The home sold recently in 2022. What should I consider?
A sale just two years prior may indicate a short-term ownership situation. It’s wise to understand the seller’s reason for moving and to have a thorough inspection, as some issues can arise in the first few years after a purchase.
5. How does the property rank for long-term investment?
Its high rankings for living space and lot size in both the neighbourhood and city are positive indicators for value retention. Amber Trails is a sought-after area, and homes with above-average attributes on good lots tend to be resilient. The older build year compared to some neighbours is a minor trade-off for a more established streetscape.