Property Overview & Key Characteristics
This two-storey home in Amber Trails offers a modern, low-maintenance foundation in a sought-after neighbourhood. Built in 2014, it balances being established yet relatively new, avoiding the immediate concerns of an older home. Its key appeal lies in its solid, move-in-ready fundamentals: a renovated basement, attached garage, and nearly 2,000 sq ft of living space on a good-sized lot. The data suggests it's a consistently above-average property for its area, ranking highly within Winnipeg for newer construction and living area.
Its appeal is for practical buyers seeking a stable, modern family home without the premium of a brand-new build. It suits growing families or professionals who value Amber Trails' amenities and community feel, and who appreciate a home that has already seen thoughtful updates, like the basement renovation. A less obvious perspective is its potential for steady value; its assessed value is firmly in the middle of the local range, and past sale prices show a healthy appreciation, indicating it's not an outlier but a stable performer in a desirable area.
Frequently Asked Questions
1. How does this home compare to others in Amber Trails?
Based on the provided data, this home ranks in the top third of the neighbourhood for living space and is newer than approximately 80% of area homes. Its assessed value is competitive, sitting comfortably within the range of similar-sized homes on the street and in Amber Trails.
2. What is the history of price changes for this property?
The home sold for $410,000 in October 2017 and then for $550,000 in July 2021. This represents significant appreciation over that period, reflecting both market trends and the added value of the renovated basement.
3. Is the lot size typical for the area?
With a land area of 4,633 sq ft, the lot is larger than over half the lots on Dana Crescent. It offers a good balance of yard space without being excessively large to maintain.
4. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is often lower than market value. The last sold price in 2021 was considerably higher, and current market conditions would be the primary driver of today's listing price.
5. Are the recent renovations reflected in the assessed value?
Typically, there is a lag between renovations and municipal assessment updates. The renovated basement, a significant value-add, may not be fully captured in the current assessed value, which is something a buyer should investigate.