Property Overview
This two-storey home on Kent Road in East Elmwood is a standout property defined by its generous size and strong value metrics within its immediate neighborhood. Its primary appeal lies in offering significantly more living space than most comparable homes in the area, paired with a recently renovated basement. The detached garage and a well-sized lot add to its practical family-home credentials. It would best suit buyers looking for a spacious, move-in-ready home in a established neighborhood, who prioritize interior square footage and modernized living areas over a brand-new build. A thoughtful perspective is that while the home is newer than many on its street, its 1960 construction means due diligence on major systems is wise; however, its "Elite" rankings for size and value in East Elmwood suggest it has been a well-maintained and competitive property in its market.
Key Details & FAQs
- Key Characteristics: 2,332 sqft two-storey home with a renovated basement, built in 1960. It sits on a 5,171 sqft lot and includes a detached garage.
- Primary Appeal: Exceptionally large living area compared to local norms (ranking in the top 1% of East Elmwood) and a modernized lower level. Its assessed value is also highly competitive for the area.
- Ideal Buyer: Families or multi-generational households needing ample indoor space, and value-driven buyers seeking a home that outperforms neighborhood averages in size and perceived value.
Frequently Asked Questions
1. How does this home's size truly compare to others?
It is exceptionally spacious for East Elmwood. With 2,332 sqft of living area, it ranks in the top 1% of the neighborhood, offering nearly 1,300 more square feet than the local average comparable home.
2. What does the "Elite" ranking for Assessed Value mean?
It means the home's official assessed value ($479,000) is among the top 1% in East Elmwood. This typically indicates a property that is valued significantly higher than most in its immediate area, often due to size, condition, or improvements.
3. The home sold in 2021 for $550,000. Is that relevant today?
It provides a recent market benchmark, showing what a buyer was willing to pay three years ago. Current market conditions, interest rates, and any further updates to the home will influence its present value.
4. Is the lot size a pro or a con?
It's balanced. The lot is above average for East Elmwood (top 18%) but around the average for Kent Road itself. It provides ample backyard space without being overly large for maintenance, fitting the neighborhood character.
5. Given its age, what should I consider?
While newer than many homes on its street (top 4%), it is a 66-year-old home. The renovated basement is a major plus, but a thorough inspection of the roof, foundation, plumbing, and electrical systems—common considerations for homes of this era—is essential.