Property Overview

This well-situated home in Amber Trails offers a practical and spacious living environment. Built in 1992, it's a one-storey house with an attached garage on a large 6,288 sqft lot, providing ample outdoor space. The 1,733 sqft living area is comfortably above average for the neighbourhood. Key features include a basement (unrenovated) and no pool. Its appeal lies in its generous lot size, which ranks highly on its street, and its established, mature setting. The home last sold in October 2021 for $490,000, while its current assessed value is significantly lower at $49,100.

This property would suit buyers looking for a solid, single-level home with a very large yard in a mature neighbourhood. It's ideal for those who value indoor-outdoor space and have the vision or budget to potentially finish the basement to their own taste. Given the notable difference between the recent sale price and the assessed value, it may attract buyers interested in long-term value or those conducting thorough due diligence on area pricing trends.

Frequently Asked Questions

1. Why is there such a large gap between the 2021 sale price and the current assessed value?
Assessed value in Manitoba is for tax purposes and is not a direct reflection of market value. It is based on a mass appraisal system and can lag significantly behind actual sale prices, especially in a dynamic market. The sale price is a clearer indicator of its recent market worth.

2. What does the "Top %" ranking data mean?
The rankings compare this property against others on its street, in Amber Trails, and across Winnipeg. For example, its lot size is in the top tier (0%) on its street, meaning it's the largest, while its living area is in the top 13% on the street. This helps contextualize its standout features within its immediate area.

3. Is the unrenovated basement a major drawback?
Not necessarily. It presents both a consideration and an opportunity. While it requires an investment to finish, it also offers future living space that can be customized to a new owner's needs without the need to undo someone else's renovations.

4. Who might the "For Reference" and "Worth Viewing" nearby properties be for?
These are likely comparator properties used by the listing service. "For Reference" properties may have similar specs (like year built or square footage) but in different areas, while "Worth Viewing" ones could be suggestions for buyers with flexible location criteria. They are not necessarily in Amber Trails.

5. What are the less obvious factors to consider with this home?
Two points stand out. First, the home is newer than most on its street (top 25%), which can be positive for system updates. Second, while the lot is large, the rankings show the living space is modest relative to the land size, suggesting a home with a generous yard rather than an exceptionally large floor plan—a trade-off worth considering based on your lifestyle needs.