Property Overview & Key Characteristics
This one-and-a-half storey home, built in 1930, presents a classic character property on a large, 6,628 sqft lot in the Agassiz neighbourhood. Its primary appeal lies in its generous land size, which ranks well above average for the street and city, offering significant outdoor space and future potential. With a compact 792 sqft living area, the home itself is modest and retains its original basement, which is noted as not being renovated. There is no garage or pool. The 2021 sale price and current assessed value are closely aligned, suggesting a stable market perception.
This property would best suit a specific type of buyer: those who value land over square footage, such as downsizers seeking manageable indoor space with a large garden, or visionaries looking for a long-term project with the lot size to potentially expand or redevelop. It's less suited for those needing immediate move-in readiness or ample built-in storage.
Frequently Asked Questions
1. What does "one-and-a-half storey" typically mean for a 1930s home?
This style usually features a main floor with principal rooms and a second floor under sloped rooflines, creating cozy bedrooms with potentially lower ceilings. It emphasizes classic charm over open-concept modern layouts.
2. The lot is large, but is it usable?
While the size is a major asset, its usability depends on factors like topography, existing landscaping, and zoning. The large footprint offers room for gardens, play areas, or future additions, subject to city bylaws.
3. The basement is "not renovated." What should I expect?
Prepare for a functional, unfinished space typical of the era. It likely has low ceilings, concrete floors, and exposed mechanical systems. It provides essential utility space and storage but not modern living areas.
4. How does the assessed value compare to similar homes?
The assessed value sits in the middle range for the street but is at the very bottom for the wider Agassiz neighbourhood. This indicates the property is valued more for its land than its current structure compared to neighbours.
5. There's no garage. Is street parking manageable?
The listing does not specify driveway parking. You should verify on-site parking options, as street parking in older neighbourhoods can be subject to permits, winter bans, or limited space depending on neighbour density.