Property Overview: 150 Strasbourg Drive, Amber Trails

Key Characteristics & Appeal

This well-situated home in the Amber Trails neighbourhood presents a practical and modern living opportunity. Built in 2014, it offers a balance of being relatively new while having established roots in a popular community. The key features include a renovated basement, an attached garage, and a manageable 1,599 sqft of living space on a good-sized 4,628 sqft lot.

The appeal lies in its strong positional metrics and move-in readiness. The data suggests it's a solid, middle-of-the-road property for the area—not the largest, but certainly not the smallest, offering a sense of space and stability. Its assessed value has remained consistent, and its sale price in mid-2023 was very close to the assessment, indicating a stable market perception. A thoughtful perspective is that this home likely represents a "low-drama" option; it's newer enough to avoid major immediate repairs, and its rankings show it holds its own without being an outlier, which can mean predictable costs and less competition compared to top-tier listings.

This property would suit first-time buyers or young families looking for a modern home in a family-oriented neighbourhood without the premium of a brand-new build. It’s also a sensible fit for value-conscious buyers who appreciate updated essentials (like the basement) and prefer a home that is established within a community rather than on its newest edge.

Frequently Asked Questions

1. How does this home compare to others on the street?
It ranks in the top third for lot size and is one of the newer homes on Strasbourg Drive (top 8%). Its living space is above average for the street, but its assessed and recent sale values are comfortably in the middle of the range, suggesting it's a proportionate offering.

2. Is the assessed value reliable given the recent sale price?
The home sold for $57,700 in June 2023, which is very close to its current $56,100 assessment. This close alignment indicates the market and municipal assessment are in agreement, providing confidence in its current valuation.

3. What does the "renovated basement" likely include?
While specifics should be verified, a renovated basement in a home of this age typically means finished living space—possibly a rec room, additional bedroom, or home office—adding functional square footage beyond the main living area.

4. Who might this home not suit?
Buyers seeking a very large interior footprint or a brand-new, custom-built property may find it limiting. Similarly, those looking for a standout "top-tier" investment within the neighbourhood might note its value rankings are strong but not in the very highest percentile.

5. How stable is the investment based on the data?
The consistency between its sale price and assessed value, along with its middle-of-the-pack rankings for value in both the neighbourhood and city, suggests a property with stable, moderate growth potential rather than high volatility, which can be appealing for long-term planning.