20 Evenwood Crescent

20 Evenwood Crescent – Property Summary

Key Characteristics & Buyer Profile

This is a 1971 home with 840 sqft of living space on a 3,179 sqft lot, currently assessed at $289,000. Compared to other homes on Evenwood Crescent, it stands out for its value: it ranks in the top 11% for assessed value on the street, suggesting it’s priced well above the street average of $265,800. The year built (1971) is also slightly newer than many nearby homes, ranking in the top 23% on the street.

The appeal here is relative affordability within the Westdale neighbourhood. While the home’s living area and lot size are below average both locally and citywide, its assessed value is more moderate than the neighbourhood average of $307,400 and well below the citywide average of $390,100. This suggests a property that offers a lower entry point into an established area, without the premium often attached to larger or newer homes nearby.

This property would suit buyers who prioritize location and value over square footage or yard space. It’s a good fit for first-time homeowners, downsizers, or investors looking for a functional home in a stable neighbourhood where the street itself has relatively strong property values. The modest footprint may also appeal to someone who prefers lower maintenance and utility costs, or who sees potential to renovate or expand the existing structure.

Five Possible FAQs

1. How does the living area compare to other homes nearby?
At 840 sqft, it’s slightly below the street average of 862 sqft and significantly below the neighbourhood and city averages (1,029 sqft and 1,342 sqft, respectively). On the street it ranks in the top 45%, so it’s not the smallest, but space is compact.

2. Is the assessed value competitive for the area?
Yes, relative to the street. It ranks in the top 11% for assessed value, with a figure $23,200 above the street average. However, it’s below the neighbourhood average of $307,400 and well below the citywide average, so it’s priced modestly for the broader area.

3. How large is the lot, and is that typical?
The lot is 3,179 sqft, which is below the street average of 3,523 sqft and well below the neighbourhood and city averages (5,168 sqft and 6,570 sqft). It ranks in the bottom 16% on the street, so it’s a smaller lot relative to neighbours.

4. What year was the home built, and does that affect its condition or value?
Built in 1971, which is newer than the citywide average for comparable homes (1966) and on par with the street and neighbourhood averages. While not a new build, homes of this era in good condition can offer solid construction and predictable maintenance needs. It ranks in the top 23% on the street for newer construction.

5. How does this property compare to others in Westdale overall?
In Westdale, this home sits below average for living area and lot size, and near average for assessed value. It’s above average within its own street for value and year built. The trade-off is a smaller home on a smaller lot, but at a price point that undercuts much of the neighbourhood—making it one of the more affordable options in an otherwise higher-value area.