Property Overview: 276 De La Seigneurie Boulevard
Key Characteristics & Appeal
This 1997-built bi-level home in Island Lakes offers a practical, renovated living space of 1,258 sqft on a standard suburban lot. Its key appeal lies in its balance of established community and modern updates, featuring a renovated basement and an attached garage. While the living area is modest compared to other homes on its street and in the immediate neighbourhood, the property holds a strong assessed value that ranks well above average both locally and citywide. This suggests a well-maintained home in a desirable location.
The property would suit first-time buyers or downsizers seeking a manageable, updated home in a mature, family-friendly neighbourhood without the premium price tag of a larger, newer build. It also presents a solid opportunity for value-focused buyers who prioritize financial metrics and renovation potential over sheer size, as the strong assessment relative to its footprint indicates good underlying value.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
The living area is below the average for both De La Seigneurie Boulevard and the wider Island Lakes neighbourhood, making it a more compact option. However, it is very close to the city-wide average for living space.
2. What does the above-average assessed value indicate?
A strong assessed value that ranks in the top 24% on its street and top 20% citywide often points to a well-maintained or updated property in a stable area. It suggests the home has features or conditions that are favorably viewed in the market, even with a smaller footprint.
3. Is the lot size typical for Island Lakes?
At just under 4,700 sqft, the lot is around average for its specific street but is below the average lot size for the Island Lakes neighbourhood as a whole.
4. What can the 2016 sale price range tell me?
The historical sale price (approximately $355k-$385k in mid-2016) provides a benchmark for past market value. Comparing it to the current assessed value and recent area sales is crucial for understanding appreciation and current pricing.
5. Who might this home not be suitable for?
Buyers requiring extensive living space, a large yard, or a brand-new build may find this property limiting. Its appeal is geared more toward efficient living and value within an established community rather than offering premium size or a recently constructed home.