515 Manchester Boulevard N – Property Summary
Key Characteristics & Buyer Profile
This 1947 home in Wildwood offers 1,394 square feet of living space on a 5,122-square-foot lot. Its assessed value is $375,000.
The property sits right around the average for living area on its street and within the city, but the lot is smaller than typical for the neighbourhood—Wildwood lots average over 9,000 square feet. The home itself is older than the citywide median (1947 vs. 1966), though it fits well within Wildwood’s character, where many homes date from the mid-century era.
The appeal here is more about location and potential than outright space or size. It’s a home that offers a foothold in a desirable neighbourhood at a below-average assessed value for both the street and the area. Because the lot is smaller, it may be more manageable for someone who wants the mature-tree setting and established feel of Wildwood without the maintenance of a large yard.
Who it suits: Buyers who prioritise neighbourhood character and a sensible entry point over square footage or a large lot. It could work well for someone willing to update or personalise a post-war home, or for downsizers who want a compact property in a walkable, inner-city area without the premium of a fully renovated house.
Frequently Asked Questions
1. How does the assessed value compare to others in Wildwood?
The $375,000 assessed value is below the neighbourhood average of $568,200, ranking 347th out of 377 homes. This reflects both the smaller lot size and likely the home’s condition relative to others in the area. It’s not out of line with the street average, but this is one of the more affordable options in Wildwood proper.
2. Is the lot too small for the neighbourhood?
It is smaller than average—5,122 sqft versus the Wildwood average of 9,032 sqft—but not unusually so for the street. Many properties on Manchester Boulevard have similar proportions. The trade-off is less yard work and a lower land valuation, which keeps the overall price more accessible.
3. How old is the home, and does that matter?
Built in 1947, it’s older than the citywide average but typical for Wildwood, where the median build year is 1950. This means systems (plumbing, electrical, insulation) may be original or need updating. It also means the home has likely settled and has mature landscaping—both potential advantages if you value stability and established character.
4. How does the living space compare to similar homes?
At 1,394 sqft, it’s just below the street average (1,454 sqft) but slightly above the citywide average (1,342 sqft). It’s not a large home by suburban standards, but it’s in the middle range for the area and era. Rooms may be modestly proportioned, which suits a simpler layout.
5. What should I look for during a viewing?
Given the age and the below-average land area, pay attention to the condition of the foundation, roof, and windows. Also check whether any additions or renovations have been done without permits. The smaller lot means less room for expansion, so if you’re planning an addition, verify setback allowances and zoning rules early.