Property Overview
This 1996-built bungalow in Wilkes South presents a unique proposition, centered on its exceptionally large, one-acre lot (46,382 sqft). The appeal lies in the rare combination of a modern, single-level home with vast outdoor space within the city. With 1,743 sqft of living space, a finished basement, and a combined attached/detached garage setup, it offers practical living. Its standout city-wide rankings for lot size (top 1%) and assessed value (top 3%) signal a property with significant intrinsic asset value beyond the home itself. This property would perfectly suit buyers prioritizing long-term land value, privacy, and space for hobbies, gardening, or future expansion over a brand-new build or a central location. It’s a home for those who see the land itself as the primary investment.
Key Questions for Consideration
1. What does the "combined attached/detached garage" mean?
This indicates the property has both a garage connected to the house and a separate standalone garage or workshop, offering exceptional storage or project space.
2. The home ranks lower within its own neighborhood for size and value. Why?
While the house itself is modest compared to others in Wilkes South, this highlights that the premium is in the land. You're acquiring one of the largest parcels in the area, which is a different type of value than sheer home square footage.
3. Is the 1996 build year a concern?
At 30 years old, major components like the roof, windows, and HVAC systems may be nearing or due for replacement. A thorough inspection is crucial to understand the home's mechanical condition versus its land value.
4. What are the implications of such a large lot?
It offers tremendous potential but also requires more maintenance (lawn care, landscaping) and may come with higher utility costs for watering or snow clearing. It's an asset that demands both time and budget for upkeep.
5. Who might this property not suit?
It may not be ideal for buyers seeking a low-maintenance lifestyle, those who prioritize walkability to amenities, or investors looking for a quick cosmetic update, as the value is more deeply tied to the land than the structure.