Property Overview & Key Characteristics
This two-storey home at 50 Lakebourne Drive in Amber Trails is a well-positioned, modern family home built in 2010. Its primary appeal lies in a combination of updated living space, a desirable neighbourhood setting, and strong value indicators compared to the wider market. The home features a renovated basement and an attached garage on a spacious 5,431 sqft lot.
Key data points reveal a property that outperforms many local benchmarks. It recently sold for a price that places it in the top 5% of all Winnipeg sales, suggesting a premium was paid for its specific condition or location. While its assessed value is solidly in the top tier for the city, the sale price significantly exceeded this, which often points to buyer confidence in the home's immediate appeal or upgrades. The living area is generous for the area, ranking in the top 11% city-wide.
The home would best suit growing families or professionals seeking a move-in ready property in a established, newer neighbourhood. It’s ideal for buyers who value space, modern amenities, and a home that has already seen thoughtful improvements, like the basement renovation. The strong sale history also makes it a relevant case study for buyers who are research-focused and pay close attention to market trends and neighbourhood comparables.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value, and what does that mean?
The home sold for $650,000 in September 2024, which is substantially higher than its $581,000 assessed value. This typically indicates that the market valued specific features—such as the renovated basement, lot size, or overall condition—higher than the standard municipal assessment formula. It suggests strong buyer demand for this particular home.
2. Is the lot size typical for Amber Trails?
At 5,431 sqft, the lot is above average for its immediate street (top 54%) and offers more outdoor space than many newer properties in the area. This is a notable advantage for a 2010-built home, providing good privacy and room for recreation or gardening.
3. How does this home rank for size and age within the neighbourhood?
The 1,939 sqft living area is quite spacious for Amber Trails, ranking in the top 29% of the neighbourhood. Built in 2010, it is newer than about 55% of area homes, striking a balance between modern construction and established community maturity.
4. What does the "Top 5% in Winnipeg" sales rank imply?
This statistic means the sale price was higher than 95% of other home sales in Winnipeg. It strongly indicates that this property is considered a premium offering, likely due to a combination of its location in Amber Trails, property features, and current market conditions at the time of sale.
5. The data shows many nearby comparison homes. How does this one stand out?
Compared to several referenced Amber Trails homes, this property often has a larger lot, more living space, or a higher recent sale price. For example, while it has a similar assessed value to a home on Strasbourg Drive, it offers a larger lot. Its sale price is notably higher than others on the list, underscoring its perceived market value.