Property Overview
This home stands out for its exceptional modern build and generous interior space within a well-established neighborhood. Its primary appeal lies in offering a turn-key, contemporary living experience without the typical wait and uncertainties of new construction, all while being situated in a mature community. The property presents a compelling "best-in-class" profile on its street and in its immediate area for key metrics like living space, assessed value, and newness.
Key Characteristics & Ideal Buyer
The most striking features are its 2022 construction and a spacious 1,537 sqft living area, which rank in the top 4-5% within its local community and street. This combination means buyers benefit from modern building standards, energy efficiency, and a blank-slate interior, but with the established landscaping and neighborhood character that often takes years to develop in new subdivisions. The home's tax-assessed value of approximately $551,000 is significantly above local averages, reflecting its premium position.
However, the property offers a distinct trade-off: the land size of 2,684 sqft is notably smaller than area norms. This creates a low-maintenance yard—a plus for those seeking ease—but may not suit those dreaming of extensive gardens, large outdoor entertainment spaces, or future expansions.
This home would perfectly suit:
- Professionals or small families seeking a modern, move-in-ready home in a settled neighborhood.
- Buyers who prioritize interior space and new-build amenities over a large private outdoor area.
- Those looking for a property with strong foundational value (new construction, above-average square footage) in a community where it is a standout.
Frequently Asked Questions
1. How does the smaller lot size impact the property?
While the yard is more compact than others in the area, it translates to less time and cost spent on maintenance. The focus here is squarely on the home itself and indoor/outdoor living, rather than extensive grounds. It's a practical choice for a lock-and-leave lifestyle.
2. The assessed value seems high for the area. What does this indicate?
The assessed value ranks in the top 7% of the community, which officially recognizes the property's superior attributes (like its newness and size) compared to its neighbors. This generally supports a strong market value, but it's also important to note that property taxes will be based on this higher assessment.
3. As a nearly new build, are there any major concerns?
A 2022 construction means the home is likely still under the original builder's warranty for major structural elements, which is a significant advantage. Key systems like roofing, HVAC, and appliances are in like-new condition, offering peace of mind and predictable costs for the immediate future.
4. What is the neighborhood vibe like, given the mix of old and new homes?
Varennes Avenue features a mix of older, classic homes and newer infill builds like this one. This suggests a neighborhood in transition, offering both established charm and modern updates. It can be an appealing dynamic, blending mature tree canopies with contemporary housing stock.
5. Where does this property offer the most and least value?
It offers the most value through its modern construction, efficient use of interior space, and premium positioning on its street. The trade-off is in outdoor space; you are purchasing a superior home on a more modest lot. For buyers who value their living space over their land space, this represents an efficient allocation of resources.