Property Overview & Key Characteristics
43 Ambergate Drive is a spacious two-storey home in Winnipeg's Amber Trails neighbourhood, built in 1992. Its primary appeal lies in its generous proportions and established, quiet setting. The home sits on a large 6,197 sqft lot and offers over 2,200 sqft of living space, placing it in the top tier of homes in the area for size. It features an attached garage and a full, unrenovated basement, presenting a solid canvas for personalization.
The home’s standout feature is its recent sale history, having sold for a price significantly above its assessed value and ranking in the top 3% of its street for that sale price. This suggests strong market recognition for the property's inherent value or potential. It would suit buyers looking for a "bones-good" home in a mature area—those who value space over turn-key finishes and are comfortable with a property that offers the opportunity to renovate and add value over time. It’s a practical choice for a growing family needing room, or for a value-conscious buyer who sees potential in the generous lot and square footage.
Frequently Asked Questions
1. What does "Top X%" in the rankings mean?
These rankings compare this specific property metric (like living area or sale price) against all other homes on its street, in Amber Trails, and across Winnipeg. For example, its living area is in the "Top 82%" on its street, meaning it is larger than 82% of the homes on Ambergate Drive.
2. The home sold recently in 2023. Why is it back on the market?
While the listing doesn't specify a reason, the short ownership period could be due to many common life changes (job relocation, change in family needs) and isn't inherently a cause for concern. A buyer's agent can help inquire about the specific circumstances.
3. The basement is noted as "not renovated." What condition should I expect?
This typically indicates an original, functional basement from 1992 that is livable but may have dated finishes, lighting, and flooring. It’s a space with full utility (storage, laundry, potential for rec room) but will likely require updating to match modern standards and aesthetics.
4. How does the recent sale price compare to the current asking price?
The provided data shows the home sold for $59,500 in August 2023. The current asking price is not listed in this data set. A key question for a viewing would be understanding how the current list price relates to that recent sale, reflecting any changes or market adjustments.
5. The home ranks very high for sale price but mid-range for assessed value. What does this indicate?
This is a notable point. The assessed value is for municipal tax purposes and often lags behind the market. The high sale price ranking indicates that buyers in 2023 were willing to pay a premium well above the tax assessment, likely recognizing the value of the lot size, living space, and neighbourhood appeal that may not be fully captured in the official assessment.