Property Overview & Key Characteristics
This two-storey home at 35 Trapper Lane in Sage Creek is a modern, low-maintenance property built in 2021. Its key appeal lies in its balance of being a relatively new build with a fully renovated basement, offering move-in-ready space across two levels. The home sits on a generous 4,365 sqft lot and features an attached garage.
The data suggests a property that stands out in its immediate surroundings for its above-average living space (2,014 sqft ranks in the top quarter on its street) and its newer age compared to many Winnipeg homes. Its current assessed value is notably higher than its 2021 sale price, indicating market appreciation. The home would suit first-time buyers or young families looking for a modern home in a sought-after neighbourhood without immediate major renovation needs, as well as downsizers seeking a newer, single-family home with a finished basement for flexibility.
A less obvious perspective is its positioning within Sage Creek itself. While newer than most of Winnipeg, it is not among the newest builds in this developing area, potentially offering a settled-in feel while the neighbourhood continues to grow. The significant jump in assessed value since purchase also suggests it may be priced at a premium for the street, appealing to buyers who value data-backed equity growth.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks highly for living space (top 24% on Trapper Lane) and lot size (top 14%). It's newer than about two-thirds of the homes on the street, but not the absolute newest.
2. What does the change from the 2021 sale price to the current assessed value indicate?
The assessed value has increased by approximately $12,300 since July 2021. This points to solid market appreciation for the property over a few years, though it's important to note that assessed value is not market value.
3. Is the basement development reflected in the living area square footage?
No. The listed living area of 2,014 sqft is for the above-grade floors. The renovated basement is additional, finished space.
4. Who might this property not suit as well?
Buyers seeking a brand-new, never-lived-in home, as it is now five years old. Additionally, those with a tight budget may find comparable, slightly older homes on the same street with lower assessed values.
5. How does it fit within the broader Sage Creek neighbourhood?
Its living area is larger than about two-thirds of similar homes in Sage Creek. However, its assessed value is in the top third for the neighbourhood, suggesting it is considered a premium offering within the community.