Property Overview & Key Characteristics

This two-storey home in Amber Trails offers a well-proportioned living space of over 2,100 square feet on a generous lot. Built in 2005, its key appeal lies in its established yet not dated position within a newer neighbourhood. The home features a renovated basement and an attached garage.

Its standout characteristic is its strong relative standing in several key metrics. It ranks in the top tiers for lot size, living area, and assessed value not just on its street, but across the wider neighbourhood and Winnipeg itself. This suggests a property that has maintained above-average desirability and scale for its area. The 2017 sale price, however, was below the street average at that time, which may indicate an opportunity for a buyer to acquire a statistically high-ranking home at a historically competitive entry point.

The property would suit buyers looking for a move-in ready, spacious family home in a modern suburb without the premium of a brand-new build. It’s ideal for those who value data-driven indicators of a property’s long-term value, such as consistent above-average assessments and lot size.

Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A viewing or follow-up with the listing agent is necessary to determine if it’s a finished recreational space, contains additional bedrooms, or has a separate entrance.

2. The home sold in 2017 for less than the street average. Why?
While the exact reason isn’t provided, this can sometimes reflect the property’s condition at that time, specific sale terms, or a quicker sale. The fact that its assessed value now ranks very high suggests it may have been updated since or that the 2017 sale presented unique value.

3. How does the age (2005) compare to the rest of the street?
The home is older than most on its street, ranking in the top 3% for age (meaning 97% of homes on the street are newer). This offers a more established yard and possibly more mature landscaping compared to immediate neighbours, but may involve different maintenance considerations than a 2010s build.

4. Are the property taxes high given the assessed value?
The assessed value of $63,600 is for municipal taxation purposes, not market value. Property taxes are calculated using this figure and the City’s mill rate. Its high ranking (top 5% in Winnipeg) indicates it is considered a high-value property for tax assessment in the city.

5. The lot is large, but how is the property positioned?
With nearby homes very close (17-46 meters away), the large lot size likely provides good private outdoor space in the rear yard. The "rank by area" metric suggests you are getting more land than most comparable properties, which is a valuable and permanent asset.