167 Apple Hill Road – Property Summary
Key Characteristics & Buyer Profile
This property is a 1987-built home with 1,596 sq ft of living space on a notably large 9,709 sq ft lot. Its standout feature is the land: within both its street and community (Whyte Ridge), it ranks in the top 7% for lot size, well above the averages in all three comparison ranges. The assessed value ($521,000) is also above the street and city averages, though it sits close to the community median. While the home is older than much of the surrounding neighborhood—Whyte Ridge’s average build year is 1994—it is newer than the citywide average.
The appeal here lies in the balance between a generous, private lot and a solid, well-established home in a mature area. Buyers who value outdoor space, gardening, or potential for future expansion will find the land hard to match at this price tier. The home itself is not oversized for the lot, meaning there is room to personalize or extend. It would suit buyers looking for a long-term property in a stable neighbourhood, especially those who are comfortable with a home that is not brand-new but is structurally sound and well-positioned. It is less suited to someone seeking a turnkey modern finish or a compact, low-maintenance yard.
Frequently Asked Questions
1. How does the property compare to others on Apple Hill Road?
It ranks in the top 15% for assessed value and top 20% for build year, while living space is near the street average. The lot is the clear standout—fourth largest on the street.
2. Why is the build year considered “above average” for the street but “below average” for the community?
The street has several homes from the same era, so 1987 is typical there. However, Whyte Ridge as a whole has newer infill and redevelopment, pushing the community average to 1994. Citywide, 1987 is newer than the average home.
3. Is the assessed value a reliable indicator of market price?
Assessed value is based on municipal valuation for tax purposes, not current market conditions. It is a useful benchmark, but actual sale prices can vary depending on renovations, demand, and recent comparable sales.
4. What does the “top 7%” land ranking mean in practical terms?
The lot is significantly larger than most in the area. This could mean more private outdoor space, room for a workshop, garden, or future additions. It also places the property in a small group of homes with similar yard potential.
5. Would this property suit someone looking for a fixer-upper or a renovation project?
Not necessarily. The home is older but not distressed. It is more appropriate for a buyer who appreciates a solid, lived-in home with good bones and wants to update at their own pace, rather than a full gut renovation. The large lot does offer flexibility for significant changes down the line.