Property Overview: 886 Kildonan Drive
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1955, offers a compelling blend of space, land, and established value. Its primary appeal lies in its above-average proportions relative to its surroundings. With 1,925 sqft of living space, it is notably larger than most comparable homes in the wider area and city. The property truly stands out, however, with its generous 11,660 sqft lot, which ranks within the top 4% citywide, offering significant outdoor potential. It features a detached garage and a basement that is present but not renovated.
The home’s assessed value places it well above local averages, suggesting a solid investment in a desirable setting. It suits buyers looking for a home with ample room to grow, garden, or entertain on a large, private lot. It would particularly appeal to those who value space over turn-key renovation, as it presents an opportunity to customize the basement and potentially other areas over time. The data indicates this is a property that offers more substance—both in the home and on the land—than is typical for the market.
Frequently Asked Questions
1. What does the assessed value ranking mean for property taxes?
While a high assessed value relative to peers often indicates a desirable property, it typically correlates with higher property taxes. Buyers should factor this into their ongoing budget calculations.
2. Is the large lot size a benefit or a burden?
It’s a significant benefit for privacy, gardening, or future expansion (like a shed or patio), but it also means more yard maintenance. The value is for those who will actively use or enjoy the outdoor space.
3. The basement is noted as "not renovated." What should I expect?
This indicates the basement is functional and included in the living area square footage, but it likely lacks modern finishes. It represents both immediate usable space and a clear opportunity for future modernization to add value.
4. How does the 1955 build year affect the home?
Homes from this era are often solidly built but will likely have older major systems (like plumbing, electrical, or windows). A thorough inspection is crucial to understand the condition and any upcoming capital costs.
5. The home last sold in 2019. Why is that relevant?
The sale price from several years ago provides a historical benchmark, but the current assessed value and market conditions have likely shifted. This history is more useful for understanding long-term value trends in the area than for pinpointing today’s price.