Property Overview & Key Characteristics
This well-maintained, single-storey home at 47 Amber Trail offers a practical and comfortable living space in the established Amber Trails neighbourhood. Built in 2004, its key feature is a renovated basement, adding valuable finished space to the 1,424 sqft main floor. The property sits on a generous 5,794 sqft lot and includes an attached garage.
Its appeal lies in its balance of space, updates, and location. The home is positioned solidly within its market, ranking above average for lot size on its street and newer than most homes in Winnipeg overall. The renovated basement is a significant plus, offering immediate move-in readiness without a major project. It would suit first-time buyers looking for a turnkey home with extra space, downsizers seeking single-level living with a modernized lower level for family visits or hobbies, or pragmatic investors attracted to a stable neighbourhood with a property that already has a key upgrade completed.
A thoughtful perspective: while not the newest build on the block, its 2004 construction means major components are likely still in good condition, avoiding the potential teething issues of brand-new homes while being newer than many in the wider city. Its assessed value consistency suggests a stable, predictable investment in a neighbourhood with a mix of older and newer properties.
Frequently Asked Questions
1. What does the "renovated basement" typically include?
While specifics should be verified, a listing noting a renovated basement in this context generally means the lower level is finished as livable space, likely including areas such as a recreation room, additional bedrooms, or a bathroom, making it a functional extension of the main floor.
2. How does this home compare to others on Amber Trail?
The data shows this home has a larger-than-average lot for the street and is newer than about 78% of houses on Amber Trail. Its living area is comfortably mid-range for the area, and its last sold price was very close to its current assessed value, indicating market alignment.
3. Is the Amber Trails neighbourhood considered mature or still developing?
Amber Trails is an established neighbourhood with a mix of home ages. With this home built in 2004 and nearby comparables built up to 2014, the area has seen phased development. It offers the maturity of settled communities like The Maples nearby, but with pockets of newer construction.
4. What might explain the difference between the last sold price and the current assessed value?
The home sold for $51,100 in July 2021 and is now assessed at $50,500. This minor difference is well within normal market fluctuation and suggests a stable value profile without dramatic appreciation or decline in the current market cycle.
5. Who might this property not be ideal for?
It may not suit buyers seeking a brand-new, custom-built home, as there are newer builds in the area. It also may not fit those requiring a very large primary floor plan, as the main living space is modest, with the additional square footage coming from the finished basement.