Property Overview & Key Characteristics
This well-situated Archwood home is a classic one-and-a-half storey on a generous 4,145 sqft lot. Built in 1948, it offers 888 sqft of living space and features a renovated basement and a detached garage. Its appeal lies in a combination of established neighbourhood charm, a larger-than-average lot for the area, and recent foundational updates like the basement renovation. The property’s assessed value is closely aligned with recent area sales, suggesting a stable, market-ready offering.
It would suit first-time buyers looking for a manageable footprint with room to grow outdoors, or downsizers seeking a solid home with recent improvements in a quiet neighbourhood. The lot size is a particular advantage for those who value private outdoor space or future expansion potential over a large interior.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At 4,145 sqft, the lot is larger than 73% of others on the same street and ranks in the top half for the wider neighbourhood, offering more outdoor space than many comparable properties.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, or permits should be verified with the seller or during a viewing.
3. Is the price in line with the area?
The home’s last sold price and current assessed value are consistently in the top third for the street and neighbourhood, indicating it is valued in line with—or slightly above—many immediate comparables.
4. What is the typical buyer for a home of this age?
Homes from this era often attract buyers comfortable with some character and potential for periodic updates, balanced by the charm and solid construction of an established area like Archwood.
5. How does living area affect value here?
While the living area is modest, the property’s overall value is supported by its substantial lot size and recent updates. This suggests the market values the total package—land and improved condition—over square footage alone.