Property Overview: 924 Windermere Avenue
Key Characteristics & Appeal
This 800 sqft home, built in 1919, presents a classic, compact footprint on a 3,840 sqft lot in Point Road. Its assessed value of $337k is very close to the street average, positioning it as a competitively priced entry point into the neighborhood. The home’s appeal lies in its efficiency and potential. While its living space and lot size are notably smaller than most area homes, this translates to lower maintenance and a clear opportunity for buyers comfortable with a cozy layout or interested in a thoughtful renovation or expansion. Its age suggests character, but also necessitates a thorough inspection for systems and structure.
This property would suit first-time buyers, downsizers, or value-focused investors seeking a foothold in a well-established area. It’s for those who prioritize location and lot ownership over immediate square footage, and who see the below-average metrics not as drawbacks, but as a reflection of a simpler, more manageable property with room to add value.
Frequently Asked Questions
1. How does the home’s smaller size impact its value?
While the living area is below local averages, the assessed value aligns closely with the street average. This suggests the value is supported by the lot location and the neighborhood itself, rather than the size of the existing structure.
2. What should I consider given the home’s age?
Built in 1919, the home is older than 92% of houses on its street. A priority would be to verify the condition of major systems (plumbing, electrical, roof, foundation) that may have been updated over time, as this will significantly influence renovation budgets and livability.
3. Are the past sale prices relevant?
The home sold in 2017 and 2020, both times in the $250k-$300k range. These provide a historical benchmark, but the current assessed value of $337k reflects more recent market evaluations and should be considered the primary public valuation reference.
4. Is the lot size a limitation?
At 3,840 sqft, the lot is smaller than most in the area. This limits extensive additions or sprawling outdoor amenities but may be ideal for those seeking a lower-maintenance yard while still having private outdoor space.
5. How can I get exact historical sale prices?
The displayed sale prices are estimated ranges. To obtain the exact sale figures from past transactions, you must request a manual lookup via email through the site, as this data is not sourced from the MLS system.