Property Summary: 163 Howden Road
Key Characteristics & Buyer Profile
This is a 1961-built home with 988 sq ft of living space on a 5,785 sq ft lot. Its assessed value sits at $352,000. What stands out here is not standout size or flash—it’s a solidly average property within its street and community, with a few small advantages worth noting.
The lot size ranks in the top 40% on its street and top 37% citywide, which is the property’s strongest comparative feature. In a neighbourhood like Windsor Park, where many homes were built in the early 1960s and lots tend to be similar, having a slightly larger-than-average parcel gives you more flexibility—whether for future additions, a bigger garage, or outdoor space. The living area is slightly below the city average (988 vs. 1,342 sq ft citywide) but typical for the area, so it’s not a red flag for someone familiar with older, mid-century bungalows.
The property would suit a buyer who values a stable, well-established residential area over a trend-driven neighbourhood. Think first-time homebuyers looking for practical space without a premium price, downsizers who want a manageable home on an above-average lot, or someone who sees long-term potential in a basic layout that could be updated over time. It’s not a luxury buy or a renovator’s special—it’s a straightforward, average-condition home in a solid middle-tier location.
Five Frequently Asked Questions
1. How does this home compare to others on Howden Road in terms of value?
It’s close to the street average for assessed value. The home is ranked 35th out of 58 homes on Howden Road, meaning it’s priced near the middle of the pack. Not a bargain, not overpriced—just typical.
2. Is the smaller living area a concern?
Only if you need more than 988 sq ft of finished space. Within Windsor Park, the average is 1,091 sq ft, and citywide it’s 1,342 sq ft. So it’s on the smaller side, but not dramatically so for the neighbourhood. Many homes of this era have similar floor plans.
3. What’s the advantage of the larger lot?
The lot is 5,785 sq ft, placing it in the top 40% on the street and top 37% citywide. That gives you more outdoor space than many comparable properties. It’s useful if you garden, need room for a workshop, or might want to expand the footprint of the house down the line (subject to zoning).
4. The house was built in 1961. Should I expect major renovations?
It’s not unusually old for the area—most homes on Howden Road were built between 1961 and 1966. That said, a house of this age typically needs updated mechanicals, windows, or roofing at some point. The ranking suggests it’s in line with neighbours, so you’re not buying a fixer-upper by default, but a pre-purchase inspection is wise.
5. How accurate is the assessed value for understanding market price?
Assessed value is used for property tax calculations, not market value. At $352,000, it’s close to the street and community averages. In a stable neighbourhood like Windsor Park, assessed values often track reasonably close to sale prices, but they’re not a direct substitute for a current market appraisal or recent comparable sales data.