Property Overview: 78 Tessler Bay, Amber Trails, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated, one-storey home in Amber Trails presents a compelling blend of space, modern updates, and established neighbourhood living. Built in 2006, its key characteristic is a generous 6,493 sqft lot, placing it in the top half of its street for land size—a notable feature for a single-storey property. The living area of 1,587 sqft is spacious for the style, and the home benefits from a renovated basement, adding valuable finished space.
Its appeal lies in its balance. It offers more interior and exterior space than many newer comparables in the area, suggesting better value per square foot. The recent sale in September 2024 indicates strong, current market validation. This property would suit practical buyers looking for a move-in-ready, single-level layout—ideal for empty-nesters, small families, or those seeking accessibility. It also appeals to value-conscious purchasers who prioritize a larger yard and established community amenities over having the absolute newest build on the block. A less obvious perspective is its potential for steady value; while not the newest, its above-average lot size and updates in a mature, sought-after neighbourhood like Amber Trails provide a stable foundation that may appreciate consistently.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the recent sale price?
The assessed value is significantly lower than the recent $500k sale price. This is common, as municipal assessments for tax purposes often lag behind current market values, which are determined by recent sales, demand, and property condition.
2. Is the lot size unusual for this area?
Yes. At over 6,400 sqft, this lot is larger than many in Amber Trails, especially for a home built in 2006. This is a standout feature, offering more outdoor space than most comparable properties.
3. The home sold recently in 2024. What does that mean for a new buyer?
The very recent sale suggests the property is in market-ready condition and that the current price is aligned with today’s market. It also means a quick turnaround, which often indicates the home presented well and met buyer expectations.
4. How does this home compare to newer builds in Amber Trails?
While newer builds (2010-2015) in the area may have slightly more modern floor plans, this home offers a larger lot and more established landscaping. You often get more land for your budget with a slightly older home, and the renovated basement brings it up to contemporary standards.
5. What does the "rank" data for the street and neighbourhood tell me?
This data contextualizes the home’s features. For example, ranking in the top 13% for living area on its street confirms it’s a larger home for the block. Ranking in the top 90% for year built means it’s one of the newer homes on Tessler Bay, offering a good blend of established area and relatively modern construction.