Property Overview
83 Courland Bay is a well-maintained, one-storey home in Winnipeg's Amber Trails neighbourhood. Built in 2002, it sits on a generous 5,572 sqft lot and features 1,585 sqft of living space, an attached garage, and a renovated basement. Its assessed value is notably higher than its last sale price in 2021, suggesting potential equity and market growth. The home’s appeal lies in its established yet not outdated status, offering a balance of modern updates (like the basement) and the maturity of a 20-year-old property where landscaping and community amenities are settled. It would suit first-time buyers looking for a move-in-ready home with finished space, or downsizers seeking single-level living without compromising on lot size or storage.
Key Characteristics & Suitability
The property’s key characteristic is its balance. It ranks highly for its newer build year relative to its immediate street (top 2%), meaning it’s one of the more modern homes on the block, yet it’s established enough to avoid the premium of a brand-new build. The renovated basement adds immediate functional space without the need for a project. Its lot size is above average, offering good outdoor potential in a family-friendly neighbourhood.
Its appeal is grounded in practicality and position. It offers a turnkey solution in a stable area, with the renovated basement being a clear value-add. The data indicates it may be undervalued relative to its current assessment, which is a point of interest for value-conscious buyers. It would best suit pragmatic buyers—perhaps young families or professionals—who want a low-maintenance, single-level layout but don’t want a tiny yard. It’s less suited for those seeking a brand-new home or the very largest floor plan in the area.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The home is currently assessed at $54,300, which is significantly higher than its last sale price of $43,700 in early 2021. This gap typically suggests market appreciation and improved condition (like the basement renovation), meaning the asking price will likely be closer to or above the current assessed value.
2. What does the "renovated basement" include?
The listing specifies a renovated basement, but the details of the renovation (e.g., legal suite, bedroom, or simply finished living space) are not provided. This is a key question for determining the home’s functionality and value.
3. Is the home suitable for aging in place?
As a one-storey home with main-floor living, it has good potential. Confirming the presence of step-free entries, bathroom configurations, and doorway widths would be important for long-term accessibility.
4. How does this property rank for size in the area?
With 1,585 sqft, it’s in the top third for living area on its street but ranks around the middle for the broader neighbourhood. This indicates it’s a comfortably sized home on its block, though there are larger options nearby if space is the absolute priority.
5. What is the neighbourhood vibe like?
Amber Trails is a mature, early-2000s subdivision. The data shows homes on this street were largely built around the same period, suggesting a consistent, settled community. Nearby comparisons show a mix of similar and newer homes, indicating a stable, family-oriented area.