Property Overview
158 Larchdale Crescent is a well-maintained, one-storey home with a renovated basement, built in 1958. It sits on a 6,060 sqft lot and features a detached garage. The home’s 1,266 sqft of living space is comfortably in the average range for its neighborhood, city, and street. Its standout characteristic is its assessed value, which ranks in the top 17% on its street and in the Kildonan Drive area, indicating it is viewed as a higher-value property relative to its immediate peers. This suggests updates, condition, or location factors that the assessor recognizes. The lot size is also notably above the citywide average.
The appeal lies in its established, quiet crescent location within Kildonan Drive and its position as a solid, above-average value home in its local market. It suits practical buyers looking for a move-in-ready, single-level living option with a finished basement for extra space. It would also appeal to those who value a property that already holds a strong assessed value position, as this can be a marker of stability and desirability within a specific community, not just raw square footage.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in mid-2021 for an estimated range that aligns closely with its current assessed value. This suggests the assessment is in step with recent market activity in the area.
2. Is the lot size a pro or con?
At 6,060 sqft, the lot is above average citywide, offering good outdoor space. However, it is slightly smaller than the average lot on Larchdale Crescent itself, so it’s not the largest on the block but remains a very generous size overall.
3. What does the "above average" assessed value ranking practically mean?
It means that for properties of a similar type on this street and in this area, this home’s official assessed value is higher than most. This often reflects factors like renovations, premium lot location, or overall superior condition compared to neighboring homes.
4. Given its age, what should I consider?
Built in 1958, the home is of average age for the street and area. The key detail is that the basement has been renovated, which is a significant update. A standard inspection is always recommended to review the condition of original core components like the roof, wiring, and plumbing.
5. How does living area size affect livability here?
With 1,266 sqft above grade plus a renovated basement, the home offers functional space. While not the largest footprint on the street, the efficient use of space and the added basement likely provide ample room for a small family or couple, which is typical for the neighborhood's character.