Property Summary: 55 Amber Trail, Amber Trails, Winnipeg
Key Characteristics & Appeal
This well-presented home, built in 2004, offers a balanced and move-in-ready package in the popular Amber Trails neighbourhood. Its key features include a renovated basement, an attached garage, and a generous 1,799 sqft of living space on a large 5,794 sqft lot. The appeal lies in its established yet well-maintained condition, providing a comfortable family layout without the premium price of a brand-new build.
The data reveals a property that holds its own in the local market. It ranks highly for its lot size and assessed value within its immediate street and wider neighbourhood, suggesting it is a substantial home in its area. A notable point is its recent sale in late 2023 for $582k, which is slightly above its current $570k assessed value, indicating a stable and strong perceived market value.
This home would suit practical buyers looking for space and stability—growing families, or professionals seeking a established community with larger lots. It’s ideal for those who appreciate a renovated space but don’t need the latest year-of-build, offering potential for long-term living without immediate major upgrades.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks in the top half of Amber Trail for lot size (top 48%) and is among the newer homes on the street (top 22%). Its assessed value is in the top quarter (top 22%), positioning it as one of the more substantial properties on the block.
2. Is the price in line with the neighbourhood?
Yes. The assessed value of $570k places it in the top 66% for Amber Trails, and its recent sale price was consistent with other recent sales of similar-sized homes in the area, as shown in the comparable listings.
3. What is the condition likely to be, given its age?
Built 22 years ago, major components like the roof, windows, and furnace may be nearing or have reached a typical replacement age. The renovated basement is a positive update, but a thorough inspection would be wise to plan for any upcoming maintenance.
4. How does the lot size benefit a buyer?
At nearly 5,800 sqft, the lot is significantly larger than many newer developments. This offers ample private outdoor space for gardening, play, or entertaining, and provides a greater sense of privacy and potential for future additions like a deck or shed.
5. What does the recent sale history tell us?
The home sold in November 2023 for $582,000. This recent transaction provides a clear, current benchmark for its market value and suggests a stable, in-demand property, as it was purchased at a price close to its current assessment within the past year.