Property Summary: 46 Woodstock Lane
Key Characteristics & Appeal
This 1979-built, single-storey home in Elmhurst offers a practical and private living environment on a spacious 5,042 sqft lot. Its key features include a fully finished basement, an in-ground pool, and an attached garage. With 960 sqft of living space, the house itself is compact and manageable, appealing to those seeking a low-maintenance footprint without sacrificing outdoor amenities.
The appeal lies in its established, quiet neighbourhood and its unique combination of a large, usable yard with a pool—a rarity for homes of this size and era in the area. It ranks notably well for its newer construction date within its immediate street, suggesting it's among the more modern homes on the block. The property would suit first-time buyers, downsizers, or investors looking for a turnkey home with valuable outdoor recreation space already in place. It’s a practical choice for someone who values a private backyard oasis and a solid, modernized structure over having a large interior, making it ideal for efficient living and summer entertaining.
Frequently Asked Questions
1. How does the age of the home affect its condition and value?
Built in 1979, the home is newer than most on its street (ranking in the top 3%), which is a positive. Buyers should still seek a thorough inspection common for homes of this era, focusing on foundational, roofing, and mechanical systems, but its relative newness for the area is a key advantage.
2. Is the pool a major added expense?
Yes, a pool requires seasonal maintenance, insurance considerations, and utility costs for pumping and heating. However, for the right buyer, it provides significant lifestyle value and enhances summer enjoyment of the large lot, which may outweigh the upkeep for those seeking this feature.
3. Who is the typical buyer for a home with this size and layout?
The 960 sqft layout is efficient. It's well-suited for individuals, couples, or small families who prioritize low-maintenance living and spend more time outdoors. The finished basement adds flexible space for storage, a home office, or recreation.
4. How do the property rankings impact its marketability?
The rankings show a mixed picture: while very new for its street, the home's living area is smaller than most in the broader community. This indicates it may appeal specifically to buyers seeking a more modest interior on a great lot, rather than those needing maximum square footage.
5. What is the potential for future expansion or renovation?
The large lot size provides excellent potential for future expansion, like an addition or a detached garage/workshop, subject to local zoning bylaws. The single-storey design also simplifies any potential roof or structural modifications.