7 Wild Iris Walk – Property Summary
Key Characteristics & Buyer Profile
This 2,517 sqft home in Sage Creek, built in 2012, sits on a 5,290 sqft lot with an assessed value of $676,000. What stands out most is the living space: it's well above average by every measure—on its street (top 19%), in the neighbourhood (top 5%), and citywide (top 3%). The assessed value follows a similar pattern, particularly against the city average of $390,100, which reflects both the home's size and the strength of the Sage Creek market.
That said, the lot is on the smaller side for the street (top 90%) and roughly average for the neighbourhood. The property was also built slightly earlier than the street and neighbourhood norm (2012 vs. 2013 and 2016 averages), though it's still relatively new citywide (top 10%). This is a home where interior square footage takes priority over land—meaning curb appeal and yard space are more modest, but what's inside is generous.
The appeal lies in getting a larger-than-typical floor plan in a sought-after neighbourhood, without paying a premium for an oversized lot. Ideal buyers would be families or professionals who prioritize indoor living space—open-concept layouts, multiple bedrooms, room for home offices—and want to be in a newer, well-ranked suburb. It's less suited for someone who wants a big backyard, a newer build, or the lowest possible street-level price.
Five Frequently Asked Questions
1. Is this one of the newer homes on the street?
Not really. Built in 2012, it's older than most neighbouring homes on Wild Iris Walk (average build year is 2013) and a few years behind the Sage Creek neighbourhood average (2016). Citywide, it's still quite modern.
2. How does the lot size compare?
The lot is 5,290 sqft, which is below average for the street and about average for Sage Creek and the city as a whole. It's not a standout feature—neither cramped nor generous.
3. Why is the assessed value so much higher than the city average?
The $676,000 assessment is driven mainly by the large living area (2,517 sqft) and the Sage Creek location. The city average for comparable homes is only $390,100, so this property sits in the top 5% citywide for value—but it's only slightly above average within its own street and neighbourhood.
4. How does this property compare to others in Sage Creek?
It's in the top 5% of the neighbourhood for living area and top 18% for assessed value. For lot size and build year, it's close to the middle of the pack. It's a strong choice if you want more interior space than most nearby homes offer.
5. What should I check before viewing?
Given the older build year relative to the street, it's worth asking about any updates or renovations since 2012—especially if you're comparing it to newer nearby homes. Also, since the lot is smaller, check whether the yard layout fits how you'd actually use outdoor space.