Property Overview & Key Characteristics

53 Gemstone Cove is a spacious, modern two-storey home in Winnipeg's Amber Trails neighbourhood. Built in 2014, it sits on a large lot and offers over 2,280 square feet of living space. The home features an attached garage and an unrenovated basement, presenting a blank canvas for future finishing.

Its primary appeal lies in its strong position within a desirable, newer community. The home ranks highly for its lot size, living area, and recent build year compared to most of Winnipeg, and it is situated on a quiet cul-de-sac. It recently sold in April 2024, providing a clear, current market benchmark. This property is well-suited for growing families seeking move-in-ready space in an established area, or for buyers who value the potential to add their own touch to a basement without the need for major structural updates. A less obvious perspective is its appeal to value-conscious purchasers who prioritize a newer build (with modern insulation, wiring, and windows) over an older home that may require immediate major system investments.

Frequently Asked Questions

1. What is the significance of the property rankings provided?
The rankings show how this home compares to others on its street, in Amber Trails, and across Winnipeg for key metrics. For example, its living area is larger than 95% of Winnipeg homes, indicating above-average space, while its newer build year offers modern construction benefits.

2. Is the basement finished?
No, the basement is not renovated. This offers both a cost-saving at purchase and the opportunity for future customization to suit the new owner's needs, though it requires planning and investment to finish.

3. How does the recent sale price compare to the assessed value?
The home sold for $66,500 in April 2024, which is above its $59,800 assessed value. This is common, as assessed values for tax purposes often lag behind dynamic market prices, and the sale price is the definitive indicator of its current market value.

4. What is the neighbourhood like?
Amber Trails is a newer, family-oriented community in Winnipeg. The property's high rankings within the neighbourhood for lot and home size suggest it is among the more substantial homes in the area.

5. Are there any immediate concerns or drawbacks?
The data shows no pool and an unfinished basement. Buyers should consider that while the home is relatively new (12 years old), major components like the roof, HVAC, and appliances are approaching mid-life and should be inspected for their condition and remaining lifespan.