Property Overview

This two-storey home on Templeton Avenue in Amber Trails presents a modern, low-maintenance living option in a sought-after neighbourhood. Built in 2016, it offers a renovated basement and an attached garage on a standard-sized lot. The appeal lies in its balance of being a relatively newer build with established community roots, avoiding the premiums and uncertainties of brand-new construction while still offering contemporary layouts and systems. Its consistent value growth, from its 2016 sale at $378,000 to a 2019 sale at $460,000, indicates a stable investment history.

The home would suit first-time buyers or young families looking for a move-in-ready property in a family-oriented area, as well as practical buyers who prioritize modern efficiency and a renovated basement for extra living space over a larger or more custom-built footprint.

Key Characteristics & Appeal

• Modern & Efficient: As a 2016 build, this home benefits from contemporary building codes, energy efficiency, and modern floor plans, likely requiring fewer immediate updates than older stock.
• Established Neighbourhood with Growth: Located in Amber Trails, the property sits in a mature yet still-developing area. The data shows it is newer than 93% of homes in Winnipeg, offering a fresh feel within a settled community.
• Strong Value Trajectory: The historical sale prices show a clear and healthy appreciation in value over a short period, suggesting a solid purchase in a desirable location.
• Turnkey Potential: The mention of a renovated basement indicates usable, finished space from the start, adding immediate functional square footage without project overhead.
• Suitability: Ideal for buyers seeking a balance—a home that feels new but isn’t in a raw subdivision, with financial history that demonstrates stability rather than speculative spikes.

Frequently Asked Questions

1. How does this property compare to others on the street and in Amber Trails?
The home ranks in the top tier for its newness on the street (newer than 90% of neighbours) and has an above-average lot size for the area. Its living space is comfortably above the street average but closer to the median for the broader neighbourhood, positioning it as a spacious home on its block within a community of similarly sized properties.

2. The assessed value seems low compared to past sale prices. Why is that?
Municipal assessed value in Winnipeg is for tax purposes and is not a direct reflection of current market value. It is typically lower. The 2019 sale price of $460,000 is a more relevant benchmark, though a current market appraisal would be essential.

3. What does the "renovated basement" likely include?
While specifics require a viewing, a renovated basement in a home of this age typically means it is fully finished as living space, potentially including a recreation room, additional bedrooms, or a bathroom, adding significant functional area to the 1,824 sqft main living space.

4. Is the Amber Trails neighbourhood suitable for families?
Yes, overwhelmingly. The provided comparable properties are almost exclusively single-family homes, indicating a stable, residential community. The high ranking of this property within the neighbourhood (top 1% by land area) further suggests a family-centric setting.

5. What might be a less obvious consideration before viewing?
Given its 2016 construction, major components like the roof, HVAC, and appliances are likely original and approaching a stage where future replacement budgeting should be considered. However, their current age also means they should have many years of serviceable life remaining.