Property Overview & Key Characteristics
This 1963 one-storey home in Crestview offers a practical, no-fuss layout with 1,137 sqft of living space and a renovated basement. Its appeal lies in its solid, middle-of-the-road positioning within its immediate area. The home is consistently "around average" for its street and neighbourhood in terms of size, lot, and assessed value, suggesting a stable and predictable investment without extreme highs or lows. A thoughtful perspective is that, while not a standout, its above-average ranking for year built on its specific street indicates it is one of the newer homes in that local cluster, which can be a subtle advantage.
It would suit first-time buyers or downsizers looking for a manageable, single-level home in an established neighbourhood. The renovated basement adds functional space, making it a fit for those who need a home office or extra living area without the premium of a larger above-ground footprint. It's a property for buyers seeking value and move-in readiness over premium lot size or luxury features.
Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows it is very typical for Ridley Street. Its living area, assessed value, and land size all rank close to the middle when compared directly to its 62 street neighbours. It is, however, newer than most on the block.
2. What is the significance of the "renovated basement"?
While specific finishes aren't detailed, a renovated basement in a 1963 home typically means updated essentials like flooring, lighting, and drywall, transforming a basic cellar into livable space. It’s a key value-add, providing extra square footage without the need for immediate investment.
3. Is the assessed value a good indicator of the sale price?
Not directly. The assessed value (33.8k) is for municipal tax purposes. The last recorded sale was 340k in 2021. Market conditions and property improvements since then will determine the current listing price, which will be significantly higher than the assessed figure.
4. What are the implications of having no garage?
This means parking is limited to driveway and street. For this neighbourhood and era of home, it's common. Buyers should consider their vehicle storage needs and assess on-street parking availability during viewings.
5. How does the lot size compare?
At just under 5,500 sqft, the lot is slightly smaller than the average for both Crestview and the city overall. This means lower maintenance but also less potential for expansive outdoor additions. The yard space is adequate for a patio or garden but not for substantial expansions of the home's footprint.