Property Overview
This two-storey home in Elmhurst offers a blend of space, established charm, and a surprisingly strong position in key metrics for its neighborhood. Built in 1983, it sits on a large, mature lot of over 5,200 sqft. With 1,684 sqft of living space and a finished basement, it provides ample room for a growing family or those who value separate living areas. Its appeal lies in its above-average size both for the lot and the home itself within its local context, suggesting a property with good presence and interior volume for the area. The home ranks notably well for its age and square footage locally, indicating it is a newer and larger offering on its street and within Elmhurst.
It would suit buyers looking for a solid, move-in-ready family home in a mature neighborhood without the premium of a brand-new build. It's ideal for those who prioritize interior space and a sizable yard over a brand-new kitchen or bathrooms, and for pragmatic buyers who appreciate a home that compares favorably in its immediate market based on concrete data like size and age.
Key Questions for Consideration
1. How does the "ranking" data actually help me?
The rankings show how this property compares to its immediate neighbors. For example, being newer than 97% of homes on its street is a significant advantage, suggesting fewer age-related issues than surrounding properties. Its strong size rankings mean you get more house and land for the area, which is often a key driver for value.
2. The assessment value is $400k. Is that the asking price?
No, the municipal assessment is used for calculating property taxes and is not the same as the market value or asking price. The sale price will be determined by current market conditions, the home's specific condition, and seller motivation. It serves as a useful benchmark but should not be relied upon as an expected sale price.
3. What does the "finished basement" entail?
The listing confirms the basement is finished but does not specify the extent, quality, or if it includes legal egress windows (which would make it a legal bedroom). This is a key point for inspection and discussion, as it affects usable living space and safety.
4. The home is 43 years old. What should I be mindful of?
While newer than most on its street, a home of this age will likely have had some major components updated. The condition of the roof, windows, furnace, and electrical system should be top priorities for a home inspection. The upside is that many older neighborhoods like Elmhurst feature well-established landscaping and quieter, settled streets.
5. Why are the community rankings for lot size and value lower than the street rankings?
This reveals an interesting dynamic: while this home is a top performer on its specific street, the wider Elmhurst community includes many homes with even larger lots and higher assessed values. It suggests a street of relatively consistent, comfortable family homes, within a community that also contains some more premium properties.