Property Overview
This 1983 bi-level home at 102 Craglea Corner in Canterbury Park presents a specific and practical value proposition. Its key appeal lies in its efficient use of space and land, coupled with a renovated basement. The home sits on a lot that is above average in size for its immediate street, offering more outdoor space than most of its direct neighbors. However, with 760 sqft of living area, the interior is compact, ranking it among the smaller homes in the wider area. This creates a dynamic of a relatively generous yard paired with a modest house footprint.
The property would suit first-time buyers, downsizers, or investors seeking an entry point into the Canterbury Park neighborhood without the premium for larger square footage. Its assessed value is in line with the local street average, suggesting a stable, mid-range valuation for the area. The renovated basement adds functional living space, which is a crucial upgrade given the smaller main floor area. This isn't a sprawling family home, but rather a grounded opportunity for those who prioritize location, lot size, and a modernized lower level over expansive interior rooms.
Frequently Asked Questions
1. Is the house too small?
At 760 sqft above grade, it is compact. The renovated basement effectively doubles the usable living space, making it more practical for daily life. Buyers should consider if the bi-level layout and total finished area meet their needs.
2. How does the lot size compare?
The lot is 2,999 sqft, which is larger than most on the same street. This means more private outdoor space than you might expect from the home's footprint, a notable advantage in this specific location.
3. What does the "below average" sale price history mean?
The home sold for $23.5k in 2016. This is not a reflection of current value but likely indicates a past transaction that wasn't a standard, arms-length sale (such as a transfer between family members). The current assessed value of $310k is the relevant figure for today's market.
4. Who would this home not suit?
It may not suit growing families needing multiple large bedrooms or those who desire open-concept, spacious main-floor living. The layout and square footage are better geared towards smaller households.
5. Is the 1983 build date a concern?
For its street, the build year is actually newer than average. While not a new build, major systems are likely from the original construction era, so a standard home inspection is advised to understand the condition of the roof, windows, and mechanicals.