Property Overview: 114 The Bridle Path
This well-established two-storey home on a generous 5,186 sqft lot offers a practical and comfortable living space in the Betsworth neighbourhood. Built in 1981, its key appeal lies in its balance of space, location, and value. The 1,782 sqft interior includes a finished basement, providing flexible living or storage areas, and is complemented by an attached garage. The home presents a solid, move-in-ready option that avoids the premium price of newer constructions while offering more space than many contemporary builds.
Its strongest suit is its relative size and lot dimensions within its immediate area, ranking in the top third of its street for living space. It would particularly suit first-time buyers or downsizers looking for a manageable yet spacious home without a condo fee, or value-focused investors seeking a stable rental property in a mature area. A thoughtful perspective for buyers is the home's "blank slate" potential; its age means major systems may be due for updates, allowing new owners to modernize incrementally to their own taste and budget, rather than paying a premium for someone else's recent renovations.
Frequently Asked Questions
1. How does this home rank compared to others in the area?
The home ranks highly for its lot and living space on its own street, placing ahead of 71% of neighbours for square footage. Its overall assessed value is competitive, surpassing 65% of homes in the wider Betsworth community.
2. What does the price history indicate?
The last recorded sale was in July 2017 for $375,000. The current assessed value is $465,000. This history suggests market appreciation, but as with any older sale, a current market evaluation is essential to understand today's value.
3. Is the neighbourhood established or developing?
Betsworth is a mature neighbourhood, as evidenced by the home's 45-year age. This typically means established landscaping, settled infrastructure, and a stable community character.
4. What might be less obvious considerations for a home of this age?
While the basement is finished—a definite plus—the 1981 build date means prospective buyers should pay special attention to the condition of major components like the roof, windows, and heating system, as they are likely original or nearing the end of their service life.
5. Who might this property not suit?
It may not suit buyers seeking a brand-new, low-maintenance home or those wanting modern open-concept layouts typically found in newer builds. It's also not equipped with a swimming pool.