Property Overview & Key Characteristics
This two-storey home at 124 Barlow Crescent in Dakota Crossing presents a well-established family property with notable space and a strong sense of community. Built in 1992, its key appeal lies in its generous proportions. With a living area of 1,893 sq ft, it ranks within the top 15-20% of homes on its street and in the wider neighbourhood for size, offering more room than many comparable properties. The lot is also sizable at nearly 6,500 sq ft, placing it in the top 13% on the street. A significant feature is the renovated basement, adding valuable finished space, and the convenience of an attached garage.
Its appeal is grounded in being a solid, spacious home in a mature neighbourhood. The data suggests it’s not the newest on the block, but it offers above-average interior and exterior space for the area. This would suit buyers looking for a move-in ready family home where the major basement renovation work is already complete, prioritizing room to grow over a brand-new build. A thoughtful perspective is that while the 2021 sale price was notably high for the street, the current assessed value is more moderate, which may present an opportunity for buyers in a balanced market who value the finished space and lot size.
Frequently Asked Questions
1. How does the property’s size compare to others nearby?
The home excels in living space, ranking larger than approximately 82% of homes on its street and 87% in the Dakota Crossing neighbourhood. The lot size is also a standout, ranking in the top 15% on Barlow Crescent.
2. What is the significance of the renovated basement?
A renovated basement adds immediate functional living space without the need for future investment or disruption. It increases the home’s usable square footage, making it ideal for a family room, home office, or recreational area.
3. How does the assessed value relate to its last sale price?
The home sold for $440,000 in July 2021, a price that ranked in the top 2% on the street at that time. The current assessed value is $51,300. It’s important to consult with a real estate professional to understand current market conditions, as assessed value for taxation purposes does not equal market value.
4. Is the home newer or older than most in the area?
Built in 1992, the home is of a mature vintage. It is newer than about 45% of homes on its specific street but older than many in the broader neighbourhood, indicating a well-established streetscape with a mix of construction eras.
5. What does the neighbourhood data indicate?
The provided comparisons show Dakota Crossing features a wide variety of home sizes, ages, and values. This property sits in the upper tier for living space, suggesting it’s among the more spacious offerings in a diverse and established community.