Property Summary: 3 Birch Bay
Section 1: Key Characteristics & Buyer Profile
This is a 1,126 sqft home built in 1956, sitting on a 5,998 sqft lot. Its assessed value (for tax purposes) is $365,000.
The property’s main appeal is its consistency. It lands right around the middle of the pack across nearly every metric when compared to its street and the broader Windsor Park community. The lot size and living area are both slightly above the community average, but not by a dramatic margin. The assessed value is also very close to the median for both the street and the area. This suggests a home that is solidly situated in a stable, established neighborhood without being an outlier in any direction.
A less obvious point: the home is older than most others on its street (built ten years before the typical neighbor), but it is newer than the average home in the broader Windsor Park area. This means the immediate block may have more mid-century or newer infill builds, while the property itself is more aligned with the character of the wider community.
This home is best suited for buyers who want a predictable, well-located property in a middle-market area. It is a strong fit for first-time buyers looking for a functional home with room to add their own touches, or for investors seeking an asset that doesn’t carry premium pricing or unusual risk. It is less suited for someone looking for a standout architectural feature, a newer build, or a top-of-market finished property.
Section 2: Frequently Asked Questions
-
How does this property compare to others in Windsor Park?
It sits in the top 28% for living area and top 41% for lot size within the neighborhood. Its assessed value is close to the community average. It is a slightly older home than the community average, which skews to 1961.
-
Is the assessed value of $365,000 a reliable estimate of market price?
Not directly. The assessed value is used for property tax calculations and reflects a lagging, formula-based estimate. It can indicate relative positioning within a neighborhood but may not match current market value, which depends on condition, renovations, and recent sales.
-
What does the older construction year mean practically?
A 1956 build often means solid framing, larger lot sizes, and mature landscaping, but may involve older mechanicals, windows, or insulation. Buyers should budget for potential updates in these areas. The home is new enough to be post-war but predates many modern efficiency standards.
-
How does the lot size compare?
The lot is 5,998 sqft, which is slightly below the citywide average for similar homes but above the median for its own street. It is a standard suburban lot that offers reasonable yard space without being oversized.
-
What does “close to average” across all rankings mean for resale value?
It suggests moderate risk. The property is unlikely to outpace the neighborhood significantly in appreciation, but it is also less exposed to sharp corrections. It is a non-volatile asset—predictable rather than opportunistic.