Property Overview: 148 Rochester Avenue, Fort Richmond
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical property that balances modest living space with a generous lot. Built in 1976, it is notably newer than many homes on its street and in the wider area. The 1,198 sqft house sits on a 5,938 sqft lot, which is a key feature: while the living area is below average for the immediate street, the lot size is significantly larger than most neighbours', offering valuable outdoor space or future potential. The home includes a renovated basement and a detached garage.
Its appeal lies in its efficient layout on a substantial lot within a mature neighbourhood. It suits first-time buyers or downsizers looking for a manageable, single-level living space without sacrificing yard size. The below-average living area compared to the street suggests a potentially more affordable entry point into the area, while the above-average lot size offers a tangible asset not found in newer subdivisions. It’s a property for those who value land and location over sheer interior square footage.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
The living area is somewhat compact for the street, ranking in the bottom quarter for interior space on Rochester Avenue. However, the lot is in the top 7% for size on the same street, meaning you get more outdoor space than most neighbours.
2. Is the assessed value typical?
Yes. The assessed value is around the average for both Fort Richmond and the immediate street, suggesting it is priced consistently with its core characteristics for tax purposes.
3. What does the sold price history indicate?
The home last sold in August 2016 for an estimated range of $31.5k to $34.5k. This historical data point is useful, but market conditions have likely changed significantly since then.
4. What are the less obvious considerations?
The home’s age (1976) is a relative advantage on its street, as it is newer than 94% of comparable homes there. This could imply updates or systems that are relatively younger. The detached garage offers flexibility but may be less convenient in winter than an attached one.
5. Who might this property not suit?
Buyers seeking a large, modern interior or open-concept living may find the below-average living area limiting. It may also not suit those who prefer a low-maintenance, small yard, as the lot is larger than average and requires upkeep.