30 Coleridge Park Drive — Property Summary
Key Characteristics & Buyer Suitability
This is a 1973 home with 1,740 square feet of living space on a notably large 14,199-square-foot lot. While the living area is slightly below average compared to other homes on the same street, it’s well above both the neighbourhood and citywide averages. Where this property really stands out is its assessed value: ranked 5th out of 48 homes on the street (top 10%) and in the top 1% for the Westwood area. The lot size is also exceptional—top 2% citywide—which gives it flexibility for expansion, outdoor living, or future development, depending on zoning.
The appeal here is less about interior square footage and more about land value and overall positioning within a desirable Westwood neighbourhood. The home was built in a strong era for construction (early 1970s), and its age is actually newer than most of its neighbours. This is a property where the land and location are the primary assets, not a recently renovated interior.
It would best suit a buyer who values a large private lot in an established, higher-value area and is comfortable with a home that may need updates over time. Someone looking for maximum interior space right now might find better options elsewhere on the street, but those willing to invest in the property could unlock significant long-term value.
Five Possible FAQs
1. Why is the assessed value so much higher than the neighbourhood average?
Assessed value reflects a combination of lot size, location, and the home’s condition relative to its neighbours. In this case, the large lot (14,199 sqft vs. the Westwood average of 6,491 sqft) plays a major role, along with the home’s newer build year compared to much of the area. The street itself also has higher overall values, so the home benefits from being in a strong micro-market.
2. How does the living area compare to other homes in Westwood?
It’s above average. The Westwood neighbourhood average for comparable homes is 1,372 sqft; this home offers 1,740 sqft. Within the entire city, it’s still in the top 20%. On its own street, however, it’s slightly below the street average of 1,990 sqft, which suggests some neighbours have larger floor plans.
3. Is the lot actually usable, or is it mostly odd-shaped or sloped?
The data doesn’t specify the shape or topography, but a 14,199 sqft lot (roughly one-third of an acre) in Westwood typically offers generous outdoor space. The fact that the street average is 9,143 sqft suggests many lots here are already large, so this one stands out even within that context. A site visit would clarify how the land is laid out.
4. How does the 1973 build year compare to other homes in the area?
It’s newer than the Westwood average (1966) and the citywide average (1966). On the street itself, it’s close to the average (1972), so it fits well within the neighbourhood’s established character. This is generally a positive—homes from the early 1970s often have better insulation, wiring, and foundation standards than older builds, without the quirks of much newer construction.
5. What does the “neighbourhood analysis page” show that the summary doesn’t?
That page lets you see the property on a map alongside nearby homes, making it easier to compare year built, living area, assessed value, and lot size at a glance. It can help you quickly spot whether the home is an outlier in a good way or if there are patterns worth noting (e.g., several homes with similarly large lots). For a buyer focused on land value, that visual comparison is useful.