Property Overview & Key Characteristics
This 2011-built home in the Meadows neighbourhood offers a practical, modern foundation. Its key appeal lies in a combination of a relatively recent build year, a fully renovated basement, and a generous 1,557 sqft of living space. The data suggests it represents a solid value proposition within its area, with an assessed value notably lower than some comparable nearby properties, which may indicate an opportunity for equity-minded buyers.
The home’s standout feature is its location within a highly regarded micro-area. It ranks in the top tier for both its specific street and the wider Meadows neighbourhood, suggesting a well-established and desirable setting. The renovated basement adds immediate functional space without the need for future investment.
This property would suit first-time buyers or young families looking for a move-in-ready home in a proven community without a premium price tag. It’s also a sensible fit for value-focused buyers who prioritize the fundamentals of a newer build in a top-ranked location over having a garage or pool.
Frequently Asked Questions
1. How does the assessed value compare to the likely asking price?
The assessed value is $37,800, which is significantly lower than the assessed values of some similar-sized homes in Meadows. This typically means the municipal assessment is not a direct indicator of market value, and the asking price will be based on current market conditions and recent sales.
2. What does the "top ranking" for the street and neighbourhood actually mean?
These rankings are based on the property's assessed value relative to others. Being in the top 4% on the street and top 0% in the neighbourhood indicates this home is among the highest-assessed properties in the area, which often correlates with desirability, lot size, or property improvements.
3. There's no garage. Is there adequate parking?
The listing does not specify a driveway or parking pad. This is a key point to clarify with the listing agent, as on-street parking or a private driveway not listed as a "garage" would be important for daily convenience.
4. The living area is large, but how is the layout?
At 1,557 sqft, the home offers ample space. However, the layout isn't described. Considering the basement is renovated, the home likely offers flexible living arrangements, but viewing the floor plan or visiting in person is essential to understand the flow between the main and lower levels.
5. Why is the assessed value so much lower than the nearby home at 78 Helen Mayba Crescent?
While both are in Meadows and of a similar age, the home on Helen Mayba Crescent has an assessed value of $560k. This vast difference is likely due to factors like superior finishes, a larger lot, significant upgrades, or having a garage. It highlights that this property at 75 Tommy Douglas is positioned at a more accessible entry point into the same desirable neighbourhood.