Property Overview
This 1984-built, one-storey home in Inkster Gardens offers a practical and renovated living space on a larger-than-average lot. Its key appeal lies in its balance of established neighbourhood character, recent updates, and solid value. The home features 1,164 sqft of living space, an attached garage, and a renovated basement, adding functional space. With a land area of nearly 5,500 sqft, the property ranks in the top half of the street for lot size, providing good outdoor potential.
The home suits first-time buyers or downsizers looking for a manageable single-level layout with modernized essentials. It also appeals to value-conscious buyers who prioritize a renovated basement and a generous yard over a brand-new build. A thoughtful perspective is its strong performance in recent sale price ranking, placing in the top 25% citywide, suggesting it may have features or condition that the assessed value doesn't fully capture. It represents a move-in-ready option in a mature neighbourhood where the lot itself is a significant asset.
Frequently Asked Questions
1. How does the recent sale price compare to the assessed value?
The home sold for $45,100 in March 2025, which is above its $38,700 assessed value. This sale price ranked in the top 7% for recent sales on its street, indicating strong market interest.
2. What is the neighbourhood like for a home built in the 1980s?
Inkster Gardens is a well-established area. This home's build year (1984) is newer than about 70% of homes in the neighbourhood, offering a relatively more modern foundation among mature properties.
3. Is the living space typical for the area?
At 1,164 sqft, the living area is very close to the neighbourhood median, offering standard-sized rooms. The renovated basement provides additional, flexible space not reflected in the main living area square footage.
4. How does the lot size compare?
The 5,496 sqft lot is a standout feature, ranking in the top 57% on the street and top 25% in the wider neighbourhood. This means you're getting more outdoor space than many comparable properties.
5. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This should be a key point of inquiry to understand the quality of finishes, whether it includes a bathroom or kitchenette, and if permits were obtained.