This 1971-built, single-story home in Betsworth offers a practical layout with 946 square feet of living space on a notably large, 7,196 sqft lot. Its key feature is the generous, private outdoor space, which is significantly larger than most in the immediate area. The home includes a full, unfinished basement and a detached garage. While the interior living area is modest and the home presents as a fixer-upper, its appeal lies in its solid foundation and the rare opportunity for expansion or landscaping in a mature neighbourhood. It ranks highly city-wide for lot size, indicating a valuable and increasingly scarce asset.
This property would suit a buyer looking for a long-term project, whether that's renovating the existing home, potentially adding on, or simply enjoying one of the larger yards in the community. It's a practical entry point into homeownership for a handy buyer or an investor who sees value in the land and the home's underlying structure.
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What does the "unfinished basement" entail, and what is its condition? Understanding the basement's ceiling height, moisture control, and rough-in status for utilities is crucial for planning future development or storage use.
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How does the age of the home (55 years) manifest in its major systems? Inquiries should focus on the age and condition of the roof, wiring, plumbing, and heating systems, as these are common points for significant investment in homes of this era.
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What is the neighbourhood's character and typical resident? Betsworth is a mature area; understanding if the street is primarily long-term homeowners, features family-friendly amenities, or is in a state of gradual renewal will help assess fit.
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Are there any known zoning restrictions or covenants affecting the large lot? The lot's size is a major asset. Confirming there are no unusual restrictions is essential for anyone considering future additions, a garage workshop, or a secondary suite.
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Beyond the city assessment, what are recent sale prices for similar "value-add" properties nearby? The assessment provides a tax baseline, but sales of similar homes with large lots and renovation needs will give a clearer picture of the current market value and potential.