Property Overview
This well-situated 1953 one-storey home in Birchwood offers a practical blend of space and potential. Its primary appeal lies in its generous, mature lot—over 5,600 square feet—which ranks in the top 16% of the neighbourhood for size. The home itself features a renovated basement, adding valuable finished living space to the 1,064 sqft main floor. While the house is of average size for the area, the lot size is a standout feature, offering room for gardening, play, or future expansion. Recent sales history shows steady appreciation.
This property would suit first-time buyers or downsizers looking for a solid, single-level home in an established community. It’s also a sensible choice for a value-conscious buyer who sees potential in the large lot and is comfortable with a home that has been thoughtfully maintained but may benefit from further updates over time. Its rankings suggest it’s a stable, middle-of-the-road property in its immediate area, not a premium-priced standout, which can represent a smart entry point into the neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 5,697 sqft lot is a key feature, ranking in the top 16% within the Birchwood neighbourhood. It is significantly larger than many nearby properties, offering more outdoor space than typical for the area.
2. What is the significance of the "renovated basement"?
While specific details aren't provided, a renovated basement adds functional living space, which could be used as a family room, home office, or additional bedrooms. It’s a valuable update that expands the home's usable square footage beyond the main floor.
3. Has the property's value been stable?
The assessed value and recent sale price show consistent growth. It sold for $28.5k in 2019 and $36.5k in late 2024, indicating a trend of appreciation over the past five years.
4. Is the home older or newer compared to the street and neighbourhood?
Built in 1953, the home is older than most on its street (ranking in the top 14%, where newer is better) and in the wider neighbourhood. This is typical for Birchwood and suggests a mature streetscape with established homes.
5. What does the "rank by area" data mean for a buyer?
These rankings compare this property to hundreds of others on specific metrics. They indicate that while the house is average in size and value for the area, its lot size is a relative strength. This data helps position the property within its market context.