Property Summary: 45 Sherwood Place
Key Characteristics & Appeal
This 2024-built home in Varennes stands out for its modern construction and premium positioning within its surroundings. Its primary appeal lies in offering a significantly newer and larger living space than almost all comparable homes in the area. With 1,794 sqft of living area, it ranks in the top 3% of the neighborhood, providing ample room in a locale where the typical home is much smaller and decades older.
The property is best suited for buyers seeking a modern, move-in-ready home without compromising on established, desirable locations. It appeals to those who prioritize interior space and contemporary builds over a large yard, as the lot size is more compact than others on the street. The elite assessed value—ranked #1 on the street and top 4% in the neighborhood—confirms its premium market position. This isn't just a new house; it's a substantially upgraded replacement in a mature community, ideal for professionals or downsizers who want low-maintenance living without leaving a cherished area.
Frequently Asked Questions
Q: The house is new, but how does it really compare to others nearby?
A: The data is striking. It's the newest on the street (avg. year built is 1935) and has nearly double the living area of the average Sherwood Place home. You're buying into the neighborhood's character but with a completely modern standard.
Q: The lot seems smaller than others. Is that a concern?
A: It is a more compact, efficient lot. This translates to less yard maintenance—a plus for many—but means outdoor space is designed for patios or gardens rather than sprawling lawns. It reflects a modern use of space.
Q: Why is the assessed value so much higher than the street average?
A: The assessed value reflects the combination of a brand-new structure, high-quality finishes, and significantly more living area. It's not just land value; it's the value of a completely modern asset in an older setting.
Q: What does the "elite" ranking for year built actually mean for me?
A: Beyond obvious new-build benefits, it means vastly newer mechanical systems (plumbing, electrical, insulation), contemporary building codes, and likely lower immediate repair costs compared to the neighborhood's older housing stock.
Q: Who would this property not suit as well?
A: It may not suit buyers seeking a large, traditional yard for extensive gardening or recreation, or those whose budget is strictly aligned with the area's older home prices. It's for buyers valuing modern interior space over expansive outdoor land.