Property Summary: 76 Ambergate Drive, Amber Trails, Winnipeg
Key Characteristics & Appeal
This two-storey home in the established Amber Trails neighbourhood presents a compelling blend of space, location, and value. Its most defining characteristic is the generous, nearly 13,000 sqft lot, placing it in the top tier for size on its street and within the wider community. The 2,434 sqft living area is also well above average, offering ample room for family life. A key updated feature is the renovated basement, adding modern, functional space.
The appeal lies in its established setting and quantifiable standing. The property isn't just a house on a street; its metrics show it consistently ranks in the top percentiles for lot size, living area, and assessed value compared to immediate neighbours and across Winnipeg. This suggests a premium property within its micro-market. It suits buyers looking for a spacious family home in a mature neighbourhood, who value a large yard and the stability of an area with consistent property values. It would also appeal to those who appreciate a home with a major renovation (the basement) already completed, and who use data to confirm a property's relative standing and investment potential.
Frequently Asked Questions
1. How does the sold price from 2023 relate to the current assessed value?
The home sold for $560,000 in October 2023, while the assessed value is listed at $59,500. It's crucial to understand that the assessed value is for municipal tax purposes only and is not a market valuation. The recent sale price is the true indicator of its current market value.
2. The home was built in 1992. What should I consider regarding its age?
While the renovated basement addresses a key area, a home of this age may require attention to original components. A thorough inspection should focus on the roof, windows, major systems (HVAC, plumbing), and the foundation to plan for future maintenance or updates.
3. The lot size is a major feature. What are the potential benefits and responsibilities?
The large lot offers exceptional private outdoor space, gardening potential, and room for additions like a deck or play structure. Buyers should also consider the associated upkeep—lawn maintenance, landscaping, and snow removal—which requires more time or expense for a property of this scale.
4. The rankings show it's in the top percentiles for the area. How meaningful is this?
These rankings are a strong, data-driven indicator that this is one of the larger and more substantial properties on the street and in Amber Trails. It suggests you are purchasing a stand-out asset in the immediate locale, which can contribute to long-term value retention.
5. What is the neighbourhood character, given the consistent nearby property values?
The proximity to other homes with similar assessed values and the high rankings within the street and neighbourhood suggest a stable, consistent community without drastic variations in property scale or style. This often indicates a well-established, desirable area with a cohesive character.