Here is the property summary, written in a neutral, factual tone suitable for display.
1666 Alexander Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 624 sq. ft. home on a 2,912 sq. ft. lot, built in 1944. The property’s primary appeal lies in its land-to-price ratio and its position at the lower end of the market, rather than in the size or finish of the dwelling itself.
What stands out: The assessed value ($142K) is significantly below the citywide average ($390K), and it ranks in the top 72% on its street for affordability. The lot size is reasonable for the neighborhood, ranking in the top 34% on Alexander Avenue. However, the living area is very compact—well below both the street and city averages. The year built (1944) is typical for this part of Weston, though older than most homes citywide.
Where the appeal lies: This property is likely more about the land and location potential than the current living space. It suits a buyer who is comfortable with a smaller footprint, or who is looking for a lower-cost entry point into the neighborhood with the intention of renovating or rebuilding. It is less suited for someone seeking a spacious, move-in-ready home.
Who it suits: First-time buyers prioritizing location and budget over square footage. Investors or renovators looking at a lot with a smaller-than-average structure. Buyers who value a more established neighborhood (circa 1940s builds) over newer suburban developments.
Frequently Asked Questions (FAQs)
1. How does the living space compare to other homes?
The 624 sq. ft. is well below average. On Alexander Avenue, the average is 1,015 sq. ft., and in the broader Weston area, it’s 936 sq. ft. Citywide, comparable homes average 1,342 sq. ft. It ranks in the bottom 1% citywide for living area.
2. Is the assessed value a good indicator of market price?
Not directly. The assessed value ($142K) reflects the city’s estimate for tax purposes and is lower than the street average ($184.3K). It suggests a lower tax burden, but the sale price will depend on condition, demand, and recent comparables. Assessed values often lag behind fast-moving markets.
3. What’s the upside of a smaller living area in this location?
A smaller home typically means lower utility costs, less maintenance, and a lower purchase price. In this case, it also means the lot area (2,912 sq. ft.) is relatively generous compared to the house. A buyer may be paying more for the land than the structure, which can be a strategic entry point for future expansion.
4. How does the lot size stack up against newer homes?
The lot is 2,912 sq. ft. While average for Alexander Avenue, it is significantly smaller than the citywide average of 6,570 sq. ft. This is typical for older, inner-city neighborhoods like Weston. It is not a large suburban lot, but it is proportionate for the area.
5. What does the “Top 34%” rank for land area really mean?
It means the lot is larger than about 66% of comparable homes on the same street. This is a strong position locally, suggesting the property has better outdoor space or yard depth than many of its immediate neighbors. It’s a functional yard, not oversized by city standards.