278 Harcourt Street

Property Overview & Appeal

This one-and-a-half storey home on a generous 6,621 sqft lot in Booth offers a blend of historic character and modern updates. Its key appeal lies in its solid, renovated basement and its position as a well-maintained 1914-built home that stands out for its age within its immediate area—ranking newer than 97% of houses on its street. With 1,350 sqft of living space, it provides comfortable room for a small family or a couple. The property suits buyers looking for a home with established roots in a mature neighbourhood, who appreciate a large lot for gardening or outdoor space, and who value a move-in-ready basement. It’s particularly fitting for those who see charm in an older home but want some of the heavy lifting of renovation already addressed.

Key Questions for Consideration

1. What does the "renovated basement" specifically include?
   It's important to clarify the scope, quality, and permits for this renovation, as it's a noted feature but details are not provided.

2. How does the 2022 sale price relate to the current assessed value?
   The home sold for $310k in 2022 but has a much lower assessed value. This discrepancy is common and highlights that assessments are for tax purposes; buyers should focus on current market conditions and recent comparable sales.

3. What is the condition of the primary systems for a home of this age?
   Given the home is 112 years old, inquiries about the roof, foundation, plumbing, electrical, and heating systems are essential, regardless of the renovated basement.

4. Is there potential for adding a garage in the future?
   The property currently has no garage, but the large lot size may offer the possibility for adding one, subject to local zoning bylaws.

5. How does the property's ranking for "year built" impact insurance or maintenance?
   While ranking as newer than most on its street is positive, insurers and lenders may still view a 1914 home as a century property, which can affect policy availability and costs.