Property Overview
This 1982 two-storey home in Elmhurst offers a well-maintained and spacious family layout on a generous 5,498 sqft lot. Its key appeal lies in its established, quiet neighbourhood and its strong relative standing in several practical metrics. With 1,620 sqft of living space, a finished basement, and an attached garage, it provides solid functional space. The data suggests a property that outperforms most of its immediate street peers in size, assessed value, and notably, being newer than nearly all neighbouring homes. It suits buyers looking for a move-in ready family home in a mature area, who value space and a sense of established community over brand-new construction. It’s particularly appealing for those who appreciate a home with a proven history and a lot size that allows for outdoor enjoyment without excessive maintenance.
Frequently Asked Questions
1. What do the ranking percentages actually mean for a buyer?
They show how this home compares to others in specific areas. For example, being newer than 99% of homes on its street is a significant advantage, suggesting newer infrastructure like plumbing and wiring compared to neighbours, which can mean fewer near-term repairs.
2. The home ranks lower within the broader Elmhurst community (e.g., 64th percentile for size). Is that a concern?
Not necessarily. It ranks very high on its own street, indicating it's among the larger, newer, and higher-valued homes in its immediate micro-neighbourhood. The wider community ranking includes a diverse mix of home types and sizes.
3. How might the 44-year age of the home impact a purchase decision?
While major components like the roof, windows, or furnace may have been updated, a savvy buyer will budget for and inspect these age-appropriate items. The upside is that homes of this era often feature more generous room sizes and lot dimensions than newer builds.
4. The assessed value is high for the street. Is that good or bad?
It's generally positive, indicating the municipality views it as a premium property on the block. However, it’s important to distinguish this from market value; a current appraisal and market comparison will determine the actual sale price.
5. Who would this property not be ideal for?
It may not suit buyers seeking ultra-modern, open-concept layouts or those unwilling to consider updates to decor and finishes typical of a home from the early 80s. It’s also less suited for those prioritizing a top-ranked position within the entire Elmhurst community over a strong position on a specific, quiet street.