Property Overview & Appeal
This home at 486 Carlaw Avenue in Lord Roberts is a character property with established roots, built in 1912. Its key appeal lies in its strong positional value within its immediate context. The 1,120 sqft house sits on a 2,499 sqft lot, which is a fairly standard size for the street but becomes a more efficient, lower-maintenance parcel compared to the city-wide average. Its assessed value consistently ranks above average for both the street and the neighbourhood, suggesting it is viewed favorably relative to its local peers—a sign of solid fundamentals in a mature area.
The property would suit a buyer looking for a home in a stable, central neighbourhood without the upkeep of a massive lot. It’s a practical choice for someone who values character and location over sheer size, possibly a first-time buyer or downsizer seeking a manageable property in a well-established community. The sales history indicates steady value in the $250k-$300k range over the past decade, appealing to those seeking a predictable market entry point.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value ranks in the top 29% on its own street and top 24% in the wider Lord Roberts neighbourhood, indicating it is considered above average compared to its direct peers, despite its age and standard lot size.
2. Is the lot size a disadvantage?
While the lot is below the city-wide average, it is around average for Carlaw Avenue. This can be an advantage for buyers seeking less outdoor maintenance while still having private yard space, a common trade-off in central, older neighbourhoods.
3. What does the year built (1912) mean for a buyer?
It places the home in the city’s older inventory, which often means character architecture but also requires a proactive approach to maintenance and potential updates. Its systems and structure should be a key focus of a thorough inspection.
4. Are the sold price ranges provided accurate?
The listed ranges are based on public data. For the exact historical sold prices, you must request them directly via the provided email service, which manually confirms the figures.
5. What is the neighbourhood analysis page?
This tool allows you to view the property on a map alongside nearby homes, visually comparing metrics like year built, living area, and lot size. It provides context that raw rankings cannot, showing how the home fits into the specific streetscape.