Property Overview
This two-storey home in Elmhurst offers a practical and established living environment. Built in 1983, its key characteristics include a fully finished basement and a generous, mature lot of nearly 5,850 square feet, providing ample outdoor space. With 1,355 square feet of living space and no garage, it presents a straightforward, low-maintenance footprint.
Its appeal lies in its quiet, well-sized lot and its relative modernity compared to many homes on the street and in the wider city. The data suggests it's a newer home on its block, offering updated infrastructure without the premium of a brand-new build. It would suit first-time buyers seeking an entry point into a stable neighbourhood, downsizers looking for a manageable property with a good-sized yard, or value-focused investors interested in a home that balances lot size with reasonable taxes, as indicated by its assessment value.
Frequently Asked Questions
1. What is the parking situation?
The listing specifies there is no garage. Buyers should investigate the driveway capacity and on-street parking regulations to plan for vehicle storage.
2. How does the finished basement add value?
It effectively increases the usable living space beyond the listed 1,355 sqft, potentially providing room for a recreation area, home office, or additional bedrooms, which is a significant advantage for the home's size.
3. The lot is large, but what's the condition?
A lot of this size and age is a blank canvas but may require investment. Prospective buyers should consider the cost and effort of maintaining or updating landscaping, gardens, or any mature trees.
4. The home ranks higher for age/size than for assessed value on its street. What does that imply?
This can indicate the property is under-improved relative to its potential or simply that it's assessed conservatively. It suggests there may be opportunity for value growth through updates, but also that current property taxes are likely reasonable for the lot and location.
5. Is the lack of a garage a major drawback in this neighbourhood?
While a garage is often preferred, its necessity depends on lifestyle. The rankings show the home still competes well locally without one. For some buyers, the trade-off for a larger lot at this price point may be acceptable, especially if adding a garage or carport is a future possibility.