Property Overview: 103 Essar Avenue
Key Characteristics & Appeal
This one-storey home on Essar Avenue in Kildonan Drive presents a compelling case for buyers seeking space and value. Its primary appeal lies in its generous proportions, both indoors and out. With 1,708 sqft of living area, the home ranks in the top 11% for size on its own street and well above average for the wider area. This is complemented by a large 7,011 sqft lot, offering ample outdoor space for gardening, play, or future expansion. The property includes an attached garage and a basement, though the basement is noted as not renovated.
The home suits buyers who prioritize living space and land over a modern, turn-key condition. It’s an ideal candidate for a growing family needing room, a purchaser looking for a property with "good bones" to customize over time, or someone valuing the stability of a mature neighborhood. A less obvious perspective is its appeal to value-conscious buyers: its assessed value ranks consistently above local averages, suggesting a solid foundation of municipal valuation relative to its offerings. Built in 1954, the home is typical for its area and represents an opportunity to shape a classic layout to modern tastes, with the large lot serving as a significant long-term asset.
Frequently Asked Questions
1. What is the exact sold price history?
The public record shows a sale in July 2017 in the range of $215,000 to $245,000. For precise historical sold prices, you can request the exact figures via email from the listing source.
2. How does this home compare to others nearby?
The data indicates it stands out for its size. Its living area is significantly larger than most comparable homes on Essar Avenue and in the Kildonan Drive area, and it sits on a larger-than-average lot.
3. What does "basement not renovated" imply?
This means the basement is in original or functional condition but has not been modernized or finished to current standards. Buyers should budget for potential updates and include an inspection to assess its condition and potential.
4. Is the assessed value a reliable indicator of the listing price?
The assessed value ($44,500) is for municipal tax purposes and is not a market appraisal. However, its ranking—consistently in the top 15-30% of comparable properties—suggests the home has attributes the city deems valuable relative to others, which can be a useful benchmark.
5. What are the implications of the home's age (built in 1954)?
A home of this age likely has classic construction and character. Prospective buyers should prioritize a thorough home inspection to evaluate the condition of major systems (like plumbing, electrical, and the roof) and consider potential costs for updates to improve energy efficiency or layout flow.