Property Overview: 209 Kildonan Meadow Drive
Key Characteristics & Appeal
This home presents a compelling opportunity defined by its generous outdoor space and solid value. Built in 1988, the 1,464 sqft living area is typical for the street and neighbourhood, offering comfortable, established family living. The true standout feature is the land: at 9,714 sqft, the lot size ranks in the top 4% within the Meadows area and the top 9% on its own street. This provides exceptional room for gardening, recreation, or future expansion, a rarity compared to newer subdivisions.
Its appeal lies in this balance of a well-sized home on a premium lot, coupled with a strong assessed value that sits consistently above local and city-wide averages. This suggests a property that has been well-maintained and is viewed favorably in the market. Recent sale history indicates steady appreciation.
This property would best suit buyers looking for established community charm who prioritize private outdoor space over a brand-new build. It’s ideal for families, gardeners, or anyone seeking room to breathe without moving to a rural area. It also represents a sound investment for a value-conscious buyer who recognizes the long-term premium of a large lot in a mature neighbourhood.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a significant feature. At nearly 10,000 sqft, it is substantially larger than the average lot in the Meadows area (approx. 5,935 sqft) and ranks among the top 4% of properties locally for land area.
2. What does the "above average" assessed value indicate?
The assessed value of $538,000 ranks in the top 16% on its street and top 8% in the Meadows area. This typically reflects factors like the large lot, property condition, and improvements, suggesting it is a higher-value home within its immediate market.
3. Is the home’s age a concern?
Built in 1988, the home is around the average age for its city-wide peer group. Buyers should budget for standard maintenance and potential updates expected of a house of this vintage, while also benefiting from the established landscaping and mature neighbourhood feel.
4. What can recent sale prices tell us?
The home sold in the $450k-$500k range in 2024, a noticeable increase from its $350k-$400k sale price in 2020. This upward trend aligns with its above-average assessed value and indicates market growth.
5. How can I get the exact historical sale prices?
The precise sale prices are not publicly displayed online. You can request them directly via the email link provided on the listing page; the service commits to providing the accurate figures manually without using your email for marketing.