Property Overview
81 Glencoe Avenue is a well-maintained one-storey home with a renovated basement and a detached garage, built in 1956. Its key appeal lies in its solid, average positioning across the board, offering a sense of stability and value in the Kildonan Drive area. With 1,100 sqft of living space on a 5,551 sqft lot, it sits comfortably within the middle range for the street, neighborhood, and city for both size and assessed value (~$370k). Notably, the lot size is above average for Glencoe Avenue itself, suggesting a bit more outdoor space than some immediate neighbors.
This home would suit first-time buyers or downsizers looking for a move-in-ready, single-level layout in an established neighborhood. Its "around average" metrics in most categories indicate a property that is unlikely to have extreme drawbacks or premium pricing, appealing to those seeking a practical, grounded investment without surprises. The renovated basement adds functional living space, making it versatile for a growing family or someone needing a home office or recreational area.
Frequently Asked Questions
How does this home truly compare to others in the area?
The data shows it is consistently average or slightly above for its specific street in terms of lot size and value. This means you’re getting a property that is representative of a stable, established part of Kildonan Drive, not an outlier.
What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope or quality. A professional inspection is recommended to determine the finish level, permits, and whether it includes a legal secondary suite or is simply a finished recreational space.
Is the detached garage a major benefit?
For many buyers, yes. It provides secure storage and parking separate from the house, which can be a premium in older neighborhoods. It also offers flexibility for workshop space or additional storage without encroaching on the home's living areas.
Given its age, what should I be concerned about?
Built in 1956, major systems like the roof, plumbing, electrical, and foundation should be carefully evaluated. While the basement is renovated, underlying issues common to homes of this era could be present. An inspection is crucial to understand the home's true condition.
Why does the assessed value differ from the potential selling price?
The assessed value ($370k) is for municipal tax purposes and is a historical snapshot. The selling price is determined by the current market. The assessment does, however, indicate the home is valued consistently with its peers on the street, which can be a useful benchmark.