Property Overview: 154 Norlorne Drive
Key Characteristics & Appeal
This 1980-built four-level split home in Betsworth offers a practical and spacious layout with 1,571 sqft of living space on a large 5,804 sqft lot. Its key features include a finished basement, an in-ground pool, and an attached garage. The home's appeal lies in its established neighborhood setting and its generous indoor and outdoor space for family living and entertaining.
The data reveals a property with strong relative value in its immediate area. It ranks in the top 20-30% on its street for lot size, living area, and assessed value, suggesting it is a larger and more valuable home compared to most on the block. However, its rankings within the wider community and city are more moderate, positioning it as a solid, middle-market family home rather than a top-tier property city-wide. This creates an interesting dynamic: it offers standout space and features for its specific street, which could be a major draw.
This home would suit a buyer looking for a ready-to-enjoy property with classic split-level design, private outdoor space enhanced by a pool, and the stability of an established area. It’s ideal for a family or someone who values room to grow and entertain without venturing into newer, more expensive subdivisions. The 2016 sale price provides a clear benchmark, showing significant equity growth since then, which may appeal to value-conscious buyers.
Frequently Asked Questions
1. How does the pool impact insurance and maintenance costs?
An in-ground pool adds to annual maintenance (opening, closing, chemicals) and will typically increase homeowner insurance premiums due to liability risk. It's advisable to get specific insurance quotes and budget for ongoing upkeep.
2. What does the "four-level split" layout mean for daily living?
This design often features short flights of stairs separating living, sleeping, and recreational areas. It provides good separation of space but may be less suitable for those seeking single-level living or with mobility concerns.
3. The home ranks highly on its street but lower in the community. What does this indicate?
This suggests Norlorne Drive may consist of relatively comparable, well-kept homes, making this property one of the larger ones there. The wider community likely includes a mix of newer, more expensive homes and smaller, older ones, placing this home in a comfortable middle ground.
4. Is the finished basement included in the listed 1,571 sqft living area?
Typically, in listings like this, the living area (sqft) refers to above-grade space. The finished basement would provide additional usable square footage that is not included in that official figure.
5. The assessed value is higher than the 2016 sale price. What should I know?
The assessed value is for municipal tax purposes and is a mass appraisal. While it indicates market growth, it does not guarantee a sale price. A current market evaluation by a realtor is essential to determine today's likely selling price.