Property Overview: 164 North Town Road, Bridgwater Forest
Key Characteristics & Appeal
This well-established two-storey home in Bridgwater Forest sits on a spacious 5,351 sqft lot and offers a generous 2,798 sqft of living space. Built in 2011, it features an attached garage and a renovated basement. The property’s standout appeal lies in its impressive scale and proven value growth within a popular, modern community. Its living area is exceptionally large, ranking in the top 2% of its street and top 3% of the neighbourhood. While the lot and building age are more typical for the area, the home’s assessed value is notably strong, placing it in the top 2% locally.
This home would suit buyers looking for ample interior space in a sought-after suburban area without needing to build new. It’s ideal for a growing family that values room to spread out and a finished basement for extra living or recreational space. The consistent history of value appreciation also makes it a sensible consideration for those viewing their home as a long-term investment within a stable community.
Frequently Asked Questions
1. How does the property’s value compare to its recent sale price?
The current assessed value is significantly higher than its last sold price in 2020, reflecting the strong market appreciation over the past few years in this area.
2. Is the lot size a pro or a con for this home?
At over 5,300 sqft, the lot provides good suburban space, though it ranks as more average within Bridgwater Forest itself. The trade-off is the exceptional amount of finished living area indoors.
3. What does the "renovated basement" typically mean for a 2011 home?
In a home of this age, a renovated basement likely means the initial lower level was finished by the builders or early owners. It’s an valuable added living space, but specifics on the quality, layout, and permits should be verified.
4. The home is newer, but how does it compare to others on the street?
Built in 2011, it’s newer than about 30% of the homes on its street, meaning it sits among a mix of older and newer properties. This can be appealing for those wanting a modern home without being in a brand-new construction phase.
5. Are the comparable properties with similar assessed values a good indicator?
The listed comparables are in different, often premium neighbourhoods like Tuxedo. This suggests this home offers similar assessed value but within the different context of Bridgwater Forest, which may appeal to buyers seeking space and modern community amenities at that value point.