Property Overview & Key Characteristics
This home at 2 Blostein Bay in the Meadows neighbourhood is a practical, entry-level property built in 1985. With 1,040 sqft of living space on a 5,500 sqft lot, it presents a smaller, more manageable footprint compared to many homes on its own street and in the wider city. Its assessed value is notably below the street average, which can indicate a lower property tax burden and potential value for the price-conscious buyer. The appeal here is grounded in affordability and simplicity. It suits first-time homebuyers, downsizers looking for less space to maintain, or investors seeking a straightforward rental property. A less obvious perspective is that a home ranking "below average" in size and value on its own street can offer a lower barrier to entry into a stable, established neighbourhood without the premium of a larger, updated property.
Frequently Asked Questions
1. How does the property's size compare to nearby homes?
At 1,040 sqft, the living area is below the average for Blostein Bay (approx. 1,313 sqft) but is closer to the average for the broader Meadows neighbourhood.
2. What does the assessed value tell me?
The assessed value of $36,600 is below the averages for both the street and the Meadows area. This typically correlates with lower municipal property taxes, but it may also reflect the home's condition, size, or features relative to peers.
3. Is the lot size a pro or a con?
The 5,500 sqft lot is fairly typical for the area. It provides adequate outdoor space without being overly demanding to maintain, which could be seen as an advantage for those seeking a balance.
4. When was it last sold and for how much?
Public records indicate a sale between 2016-2025 in the range of $300,000-$350,000. For the exact sale price and date, you can request the information via email from the listing service.
5. What are comparable nearby properties like?
Listed comparisons include homes on the same street and in Meadows with similar assessed values, ranging from a smaller 895 sqft home to a larger 1,579 sqft home, giving a spectrum of what is available in this price tier.