Property Overview: 1395 Leila Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated Amber Trails home presents a practical opportunity in a mature neighbourhood. Its key characteristic is a renovated basement, adding valuable finished living space to the 1,152 sqft, one-storey layout. The property sits on a larger-than-average lot (over 5,100 sqft), offering ample outdoor space relative to many in the area.

The appeal lies in its balance of space, updates, and location metrics. It ranks highly for its lot size on the street and shows a strong assessed value relative to its neighbours, suggesting it's perceived as a solid asset in the area. The home suits first-time buyers or downsizers looking for a manageable single-level layout with the bonus of a finished lower level. It would also appeal to a value-conscious buyer who appreciates a home that stands out in its immediate context—particularly for lot size and assessment—within a popular, established community like The Maples.

A less obvious perspective is the home’s "vintage": built in 1986, it avoids the potential maintenance issues of much older homes while likely offering more straightforward, modifiable layouts and room sizes than some newer builds. The significant jump in assessed value since its 2016 sale also indicates a trajectory that savvy buyers may find interesting.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated and finished, adding liveable space. Specific details on the finishes, rooms, and whether it includes a separate entrance or bathroom should be verified with the seller or listing agent.

2. How does the assessed value compare to the likely asking price?
The property's assessed value is $41,500. In Winnipeg, this is a figure used for calculating property taxes and often differs from market value. Buyers should research recent sale prices of comparable homes in Amber Trails and The Maples to gauge current market value.

3. Is the detached garage a standard size?
The listing specifies a detached garage. Its dimensions, condition, and whether it includes power or insulation are not detailed here and would be important points of inquiry for potential owners.

4. The home is 40 years old. What major systems might need attention?
Given its age, the roof, windows, furnace, and air conditioning system are likely at or beyond their typical lifespans. A thorough home inspection is recommended to determine the condition and remaining service life of these major components.

5. The lot is large, but how is the property oriented?
A lot size of over 5,000 sqft is a notable asset. The orientation (which way the backyard faces) affects sunlight exposure for gardens and decks, while the specific layout of the lot (e.g., depth, width) influences privacy and usage potential. This is best assessed with a site visit or survey.