Property Overview
58 Thorn Drive is a well-maintained, single-storey home in Winnipeg's Amber Trails neighbourhood. Built in 2004, it sits on a generous, mature lot that ranks in the top 7% for size on its street. The home features a renovated basement and an attached garage. Its key appeal lies in its established setting within a popular, modern community, offering a balanced package of space, updates, and location without the premium price of a brand-new build. The recent basement renovation adds immediate livable space and modern appeal.
This property would suit first-time buyers looking for a move-in-ready home with some updated finishes, or downsizers seeking single-level living in a family-oriented neighbourhood. The large lot is a notable asset for those who value outdoor space for gardening or entertaining. It also presents a practical option for buyers who appreciate the established trees and landscaping of a 20-year-old community compared to the raw lots in newer subdivisions.
Key Details & Questions
What are the specific features of the renovated basement?
The listing confirms the basement is renovated, but specifics on finishes, room layouts, or whether it includes a legal suite should be verified with the selling agent.
How does the living space compare to nearby homes?
At 1,213 sqft, the living area is compact compared to many neighbouring homes. The value here is in the large lot and the updated basement, which effectively expands the usable space beyond the main floor square footage.
Why is the assessed value significantly lower than the last sale price?
The home was assessed at $47,800 but sold for $510,000 in 2022. This is a common disparity; municipal assessed value for taxation purposes often doesn't reflect current market value. The sale history is a more accurate gauge of its market price.
What is the neighbourhood like for amenities and schools?
Amber Trails is a developed neighbourhood with parks, walking paths, and nearby shopping. Prospective buyers should research specific school catchments and the proximity of retail plazas to this particular street.
Is this a good investment compared to other homes in Amber Trails?
The home ranks in the top third of the neighbourhood for lot size and newer age, but in the lower tier for living area. This suggests you're paying for land and an established location. It may offer better value per square foot of land than newer, more expensive homes on smaller lots in the same area.