Property Overview
This two-storey home on Kavanagh Street in Dufresne presents a unique profile. Built in 1912, it offers 936 sqft of living space with a renovated basement and a detached garage. Its key appeal lies in its strong assessed value relative to its immediate neighborhood, suggesting it is a well-maintained or updated property on a street of older, more modest homes. It suits a first-time buyer or an investor looking for a character home in a stable area, who values a modernized basement and is comfortable with a smaller, efficient footprint. A thoughtful perspective is that while the home is older and smaller than the city average, it outperforms most of its direct neighbors in terms of valuation, indicating a potential "best house on the block" scenario that can be appealing for long-term value.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $33,400 is for municipal tax purposes and is notably low. It indicates the home is in a modest area, but the actual market price will be significantly higher, based on recent sales of similar homes, condition, and current market trends.
2. What are the implications of the home's age (1912)?
Expect character details but also the potential for older infrastructure. While the basement has been renovated, a pre-purchase inspection is crucial to understand the condition of the original foundation, plumbing, wiring, and insulation.
3. How does the lot size (3,424 sqft) compare?
The lot is slightly below average for the local Dufresne area but is still a good size for a home of this era. It offers typical backyard space for the neighborhood but may not allow for future large-scale additions.
4. Who would this home not suit?
It likely wouldn't suit buyers looking for a large, modern, open-concept layout, as the square footage is compact and the home's age suggests more compartmentalized rooms. Those needing ample storage or multiple vehicle parking may find the detached garage limiting.
5. What does the "renovated basement" typically mean for a home of this age?
This is a significant plus, often indicating updated moisture control, flooring, and living space. It effectively adds usable square footage. Be sure to check if the renovation included necessary permits and whether it's developed as a legal suite (which would have specific licensing requirements).