Property Overview
This home at 90 Bill Blaikie Bay presents a compelling mix of modern build quality and relative value within its broader context. Built in 2010, it is one of the newest homes on its street, offering the appeal of a more contemporary construction without the premium of a brand-new build. With 1,528 sqft of living space, it sits above the average for both the wider city and the Meadows area, providing comfortable room for a small family or couple.
Its primary appeal lies in its strong positioning within the broader market. While its assessed value is modest compared to its immediate street, it ranks well above average for the Meadows neighbourhood and the entire city. This suggests a property that may offer more house for your dollar compared to wider benchmarks, situated in a newer pocket of homes. The lot size is standard for the area, focusing the value on the living space and modern build year.
This property would suit a value-conscious buyer looking for a move-in-ready home from the last 15 years, who prioritizes interior space and modern infrastructure over a large yard. It’s also a sensible option for those who see the advantage in owning one of the newest homes on a mature street, potentially minimizing immediate repair costs.
Frequently Asked Questions
How does the assessed value compare to recent sale prices?
The home sold for an estimated $500k-$550k in 2024, which is significantly higher than its $48,100 assessed value. This is normal, as municipal assessed values for taxation purposes often lag behind current market sale prices.
Is the lot size a disadvantage?
At 4,724 sqft, the lot is slightly smaller than the average on its specific street but is very typical for the Meadows area. It suits buyers who prefer lower-maintenance outdoor space while still having room for a patio or garden.
What does it mean that it's a newer home on this street?
Being built in 2010 and ranked #1 of 70 for year built on Bill Blaikie Bay indicates the home is likely among the most recent infill or final-phase constructions. This can mean modern building materials, floor plans, and systems, potentially leading to lower maintenance costs in the near term compared to older neighbours.
Why is the assessed value rank so different by area?
The home's assessed value is below average on its own street (Top 80%), but above average in the Meadows and city-wide (Top 21-23%). This often indicates the immediate street may have larger, more renovated, or differently configured homes, while the property represents strong value when compared to the wider, more varied housing stock.
How accurate are the "Top %" rankings provided?
These rankings are a helpful, data-driven snapshot comparing this home to specific groups of "comparable homes." They effectively show where the property stands in terms of size, value, age, and lot size relative to its immediate street, neighbourhood, and the entire city, providing context beyond raw numbers.