40 Verona Drive

Amber Trails, Winnipeg

Property score

80.5

Excellent

Overall 80.5 · Smaller and older than most nearby homes

1,576 sqft (bottom 22%) · Built in 1999 (9 yrs older than avg)

Located in a high-income area with median household income of ~106k

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 1 government office nearby

Living Area

Below average

14% smaller than neighborhood avg.

Year Built

Below average

9 yrs older than neighborhood avg.

Mother tongue

English · 45%Punjabi · 26%

Past 10 years Amber Trails sales snapshot (~80% of all data)

Sold Count

487

Median price

628.3k

$/sqft

$330/sqft

Avg build year

2008

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Property score

80.5 is composed by the two sections below.

Property Score

81.1Excellent
Living Area1,576 sqft79Good
Year Built199984Excellent
Lot Size9,702 sqft95Excellent
Neighbourhood Sales Activity53Fair

Community Score

79.6Good
Household Income87Excellent
Education Level63Fair
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

Amber Trails

How to read: Share of sales in each ~$50k price band for “amber trails” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111224

Community deep dive

$106K

Median household income

$112K

Average household income

8%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

10%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)747
Labour force participation rate58%
Median age55.2
Avg household size3.1
Unemployment rate10%
Population density3735 / km²

Households & income

Low income (LIM-AT, % pop.)8%
Single-person households10%
Couple families with children30%
Median household income (2020)$106K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$424K

Diversity, education & language

Immigrants (share of pop.)54%
Visible minority66%
Bachelor's or higher (25–64)33%
Mother tongue (1st)English · 44%
Mother tongue (2nd)Punjabi · 25%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,576 sqft
0255075100
Same streetBottom 36%Same areaBottom 22%CitywideTop 27%
Same street · Verona Drive
#47 / 73
Bottom 36% · Avg 1,650 sqft
Same area · Amber Trails
#1,380 / 1,760
Bottom 22% · Avg 1,831 sqft
Citywide · Winnipeg
#51,629 / 194,458
Top 27% · Avg 1,342 sqft

Tax-Assessed Value

above average
533k
0255075100
Same streetTop 25%Same areaBottom 32%CitywideTop 15%
Same street · Verona Drive
#18 / 73
Top 25% · Avg 509.5k
Same area · Amber Trails
#1,205 / 1,760
Bottom 32% · Avg 561.8k
Citywide · Winnipeg
#28,966 / 194,458
Top 15% · Avg 390.1k

Year Built

Elite
1999
0255075100
Same streetTop 4%Same areaBottom 14%CitywideTop 18%

Lot Size

Elite
9,702 sqft
0255075100
Same streetTop 1%Same areaTop 7%CitywideTop 7%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

40 Verona Drive — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 217 m), 2 parks (nearest 423 m).

Search radius
🏫Education1
🌳Parks2
🏛️Government1

Crime & Safety

Amber Trails · WPS public data · 2026

Annual incidents

13

2026

vs. city avg

-56%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Violent

46%

Sales History

Sold 7/2024CA$550k–600k
Sold price

Same street

Top 22%

Same area

Top 28%

City-wide

Top 10%

Related homes

Highlights & common questions: 40 Verona Drive, Winnipeg

Property Overview & Key Characteristics

This well-maintained one-storey home in Amber Trails sits on a large, private lot that is its most defining feature. At nearly 10,000 square feet, the land size ranks in the top tier for the street and neighbourhood, offering significant space and potential. The home itself, built in 1999, features a renovated basement and an attached garage. While its living area is a comfortable 1,576 sqft, the property’s appeal is anchored in its established, spacious setting within a mature community.

Its primary draw is the rare combination of a sizable, usable lot in a developed area, which provides both immediate privacy and long-term flexibility. The recent sale in July 2024 suggests a strong, updated market value. This home would suit buyers looking to avoid the compact lots of newer subdivisions, such as growing families wanting room for play or gardens, or those who value outdoor space over a larger interior footprint. It’s also a practical fit for anyone seeking a single-level living layout with the bonus of a finished lower level.


Frequently Asked Questions

1. How does the lot size compare to newer homes in the area?
This property’s lot is significantly larger than those typically found in contemporary builds in Winnipeg. It offers a level of outdoor space that is now uncommon, providing a more established, park-like setting.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on the scope, finishes, and whether it includes a legal suite or additional bedrooms should be verified with the seller or listing agent.

3. Is the neighbourhood mostly families?
Amber Trails is a mature, established neighbourhood. With homes dating from the late 1990s and early 2000s, it typically attracts a mix of families and long-term residents, contributing to a stable community feel.

4. Why is the assessed value much lower than the recent sale price?
This is common. Municipal assessed value for tax purposes is not a direct reflection of current market value. The recent sale price of $560k is a far more accurate indicator of the home’s worth in today’s market.

5. What are the advantages of a 1999-built home?
Homes from this era often benefit from modern construction standards and wiring, while being past the point of major initial settling or brand-new development teething issues. They represent a balance between contemporary layout potential and established neighbourhood character.

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