Property Overview
This well-situated home at 312 Eaglemere Drive is a modern, single-storey property built in 2004. Its key appeal lies in its relative newness within the established Eaglemere neighbourhood, offering a move-in-ready foundation with a renovated basement. The home features 1,257 sqft of living space, an attached garage, and sits on a standard-sized lot of just under 5,000 sqft.
While the living space is modest compared to some neighbours, this is balanced by a strong assessed value that ranks well above average for the street and city-wide. This suggests a property that is well-maintained and perceived as a solid value. The home would particularly suit first-time buyers, downsizers, or investors seeking a modern, low-maintenance bungalow in a mature area without the concerns of an older structure. Its efficient layout and recent updates provide a practical, turnkey solution for those prioritizing a newer build in a convenient location.
Frequently Asked Questions
How does the size of this home compare to others nearby?
At 1,257 sqft, the living area is below the average for both Eaglemere Drive and the broader Eaglemere area. This indicates a more compact, efficient layout compared to many neighbouring homes, which may appeal to those seeking easier maintenance.
Is the assessed value of $450k typical for the area?
The assessed value is notably strong. It ranks in the top quarter of homes on Eaglemere Drive and above the city-wide average, suggesting the property’s condition, updates, or specific attributes are recognized as premium within its immediate context.
What does the "Elite" ranking for Year Built mean?
Built in 2004, this is the newest home among the 129 comparable properties on Eaglemere Drive. In a neighbourhood with many older homes, this is a significant advantage, implying newer building materials, systems, and potentially fewer major repairs in the near term.
How does the 2019 sale price relate to the current assessment?
The home sold for $365,000 in March 2019. The current assessed value of $450k reflects market changes and the property’s maintained or improved condition over the last five years.
What is the property’s most distinctive feature?
Its standout characteristic is its age relative to the street. Being the newest build on the block offers a unique blend of a modern home within a settled community, providing a different value proposition than a renovated older property.