Property Overview: 230 Foxmeadow Drive, Linden Woods
Key Characteristics & Appeal
This home at 230 Foxmeadow Drive is a study in desirable location versus modest proportions. Situated on a quiet street in the well-regarded Linden Woods neighbourhood, its primary appeal is its established setting within a mature, family-friendly community. The 1,318 sqft living area is notably compact for both the immediate street and the wider Linden Woods area, ranking in the bottom 10% locally. This suggests a more manageable, efficient layout rather than a sprawling one. Conversely, its city-wide assessed value ranking is quite strong (Top 12%), indicating that the premium for the Linden Woods address is a significant driver of its worth.
The lot size of 5,569 sqft is also on the smaller side for the area, offering lower maintenance. Built in 1986, the home is of a typical vintage for the street and neighbourhood. A key data point is its recent sale in 2024 within the $550k-$600k range, which aligns with the average assessed value for homes on Foxmeadow Drive.
This property would best suit first-time buyers or downsizers seeking entry into a premium neighbourhood without the upkeep of a larger house and yard. It’s a practical choice for those who value location and community amenities over square footage, offering a chance to live in Linden Woods with a relatively efficient footprint.
Frequently Asked Questions
1. Is this house significantly smaller than others in Linden Woods?
Yes. The living area is below average for both the immediate street and the broader Linden Woods neighbourhood, placing it in the bottom 10-15% for size locally. However, it is close to the average size for homes across the entire city.
2. Why is the assessed value so high relative to its size?
The assessed value reflects the strong desirability of the Linden Woods area. While the house itself is modest in scale, its value is buoyed by the neighbourhood's reputation, amenities, and established character, which is evident in its city-wide value ranking in the top 12%.
3. What does the lot size mean for a potential buyer?
At just under 5,600 sqft, the lot is smaller than most in Linden Woods. This is a positive for buyers seeking lower outdoor maintenance, but those looking for extensive private yard space or expansion potential should note it is more compact.
4. How does the recent sale price help me?
The 2024 sale in the $550k-$600k range provides a concrete, recent market benchmark. It confirms that the home’s market value aligns closely with the average assessed value for properties on Foxmeadow Drive itself.
5. You mention "thoughtful perspectives." What's one here?
This property highlights a common trade-off in sought-after neighbourhoods: you are often paying more for the location and community than for the physical structure. For the right buyer, this represents an efficient way to access a premium area, accepting a cozier home to gain the surrounding lifestyle.