Property Overview: 25 Heritage Boulevard
Key Characteristics & Appeal
This 1964-built, three-level split home in Heritage Park offers a practical and updated living space. Its key features include 1,084 sqft of living area, a renovated basement, and a detached garage on a roughly 6,000 sqft lot. The home’s appeal lies in its established neighbourhood setting and its position as a solid, middle-of-the-road property in several key metrics. It is not the largest, newest, or highest-assessed home on the street or in the area, but it consistently ranks around the average or slightly above, suggesting a well-maintained home in a stable context. The renovated basement adds modern livability to the classic split-level layout.
This property would suit first-time buyers or downsizers looking for a move-in-ready home in a mature neighbourhood without a premium price tag. It’s also a sensible fit for value-conscious buyers who prioritize a balanced offering—good interior updates on a decent lot—over having top-tier stats in any single category. A less obvious perspective is that its "average" rankings across the board can be a sign of predictability and lower risk, as the home isn't an outlier in price or size for its community.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,084 sqft, the living area is slightly below the average for Heritage Park (1,319 sqft) and for the city, but is very comparable to other homes on Heritage Boulevard itself.
2. What is the significance of the assessed value?
The assessed value of $35,400 is used for calculating property taxes. It is around the average for the immediate street and neighbourhood, indicating the municipality views it as typical for the area.
3. Is the basement renovation reflected in the assessed value?
Typically, finished living space is included in an assessment. The fact that the assessed value is competitive with area averages suggests the renovation is likely accounted for.
4. What can the sale history tell me?
The home last sold between late 2019 and early 2020 for an estimated $28.5k to $31.5k. This historical data provides a benchmark, but current market conditions will determine today’s value.
5. How does the age of the home factor in?
Built in 1964, it is older than most on its street and in Heritage Park. This means potential buyers should pay attention to the condition of major aging components (like roof, windows, plumbing) despite the renovated basement.