Property Overview
This well-situated home at 27 Coleman Cove in Dakota Crossing presents a practical and appealing opportunity. It is a renovated one-storey house with an attached garage, built in 1998. The property stands out for its generous, above-average lot size of over 9,200 square feet, which is notably larger than most in the neighborhood and city. While the living space is comfortably in line with area averages, the home’s assessed value ranks consistently above average across local comparisons, suggesting a perception of solid value. The renovated basement adds functional living space. Its appeal lies in offering a move-in ready, single-level layout on a private, sizable lot—a combination that can be rare in established suburbs. It would suit downsizers seeking main-floor living without sacrificing yard space, or young families looking for a manageable home with ample outdoor room to grow, in a mature community.
Key Questions & Considerations
What does the "above average" assessed value ranking mean?
It indicates the municipal assessment for this home is higher than that of many comparable properties nearby. This often reflects desirable attributes like the large lot and recent renovations, but it's a factor in determining property taxes.
How does the large lot size impact the property?
Beyond providing more private outdoor space, a lot size in the top tier for the area can offer future potential (like gardening, expansions, or additions, subject to bylaws) and typically contributes to stable property value.
Is the 1998 build date an advantage?
Yes. A home from this era often benefits from modern construction standards and wiring, while being past the initial "shakedown" period where major new-build issues might surface. It strikes a balance between being established and relatively contemporary.
Who might this layout suit best?
The one-storey (bungalow) style with a renovated basement is ideal for those seeking minimal stairs for daily living. It provides clear separation, with primary living areas upstairs and flexible space (for family, guests, or hobbies) downstairs.
How does it compare to nearby recent sales?
The home last sold in 2019. The current assessed value is significantly higher than that sale price, reflecting market changes and likely improvements made since. Buyers should research recent sales on the street and in Dakota Crossing for the most current market context.