This 1986-built bi-level home at 3716 Batchelor Avenue in Varsity View stands out for its exceptionally generous land size and spacious interior relative to its surroundings. Its primary appeal lies in offering a rare combination of a large, developed lot (over 78,000 sqft) and a home with over 2,000 sqft of living space, all within a well-established neighborhood. The property features a finished basement and a combination attached/detached garage setup.
The home is particularly suited for buyers who prioritize outdoor space and privacy over a brand-new build. It’s an ideal canvas for someone with a vision for landscaping, gardening, or even future expansion, given the vast yard. The strong rankings in value and size within the community also suggest it’s a solid option for those seeking a property with proven long-term investment potential in a mature area.
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What does the "land area" actually include, and are there any usage restrictions? The listed 78,445 sqft is unusually large for a city lot. It's crucial to verify the exact property boundaries and check for any easements or municipal zoning restrictions that might affect how the land can be used or developed.
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Given the age of the home (40 years), what major systems might need attention? While the basement is finished, the roof, original windows, furnace, and plumbing should be carefully inspected. The 2017 sale suggests some updates may have been made, but a thorough pre-purchase inspection is essential.
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How does the bi-level layout function for daily living? Bi-levels typically have split entryways and living spaces spread across multiple short flights of stairs. Consider if this layout suits your lifestyle, especially for accessibility or if you prefer all main living areas on one floor.
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The assessed value is significantly higher than the 2017 sale price. What does this mean? The current assessment of $705,000 reflects the municipality's opinion of its value for tax purposes, influenced by market trends and the home's standout lot size. It doesn't dictate market price but indicates a substantial increase in perceived value over seven years.
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What are the practical implications of such a large lot? While offering great privacy and space, a lot of this size requires considerable maintenance (mowing, landscaping, snow clearing). Factor in the ongoing time, equipment, and potential cost for upkeep or professional services.