31 Boulder Bay – Property Summary
Section 1: Key Characteristics & Buyer Profile
This 1,305 sqft home in Windsor Park stands out primarily for its generous living space. Within its immediate street (Boulder Bay), it ranks in the top 6% for size, and within the broader Windsor Park area, it sits in the top 10%. That means compared to nearby homes, you’re getting significantly more interior room than what’s typical for the neighbourhood.
The trade-off comes in the lot size and assessed value. The land is 4,996 sqft, which is smaller than both the street and community averages. The assessed value is also below average—roughly 27.9万, compared to 32.2万 on the street and 35.4万 across Windsor Park. Built in 1956, the home is slightly older than the community average, but not unusually so for the street.
Where the appeal lies is in the value proposition. You get a larger home on a modest lot at a below-average assessed price. That suggests potential for buyers who prioritize interior square footage over yard space, or who see room for equity growth as the area continues to develop. The home is not a fixer-upper by the numbers, but its age and below-average valuation mean it could benefit from targeted updates.
This property would suit:
- Buyers looking for more living space than typical in Windsor Park, without paying a premium.
- Those who are comfortable with an older home and may want to invest in renovations over time.
- Families or households that value interior room over a large backyard.
- Investors or owners who see the below-average assessment as a potential upside in a neighbourhood that ranks well for home size.
Section 2: Five Possible FAQs
1. How does the living space compare to other homes in the area?
It’s one of the larger homes on the street—ranked 2nd out of 34—and in the top 10% for Windsor Park. The average home in the community is about 1,091 sqft, so this one offers roughly 200 extra square feet.
2. Why is the assessed value lower than average if the home is bigger?
Assessed value considers multiple factors beyond square footage, including lot size, condition, age, and recent sales in the area. This property has a smaller lot and is older than the community average, which likely brings the valuation down despite the larger interior.
3. Is the lot size a disadvantage?
It depends on your needs. At 4,996 sqft, it’s below average for both the street and the neighbourhood. If you want a large garden, room for additions, or privacy from neighbours, this may feel tight. But if you prefer a manageable yard with less upkeep, it could be a good fit.
4. How old is the home, and does that matter?
Built in 1956, it’s slightly older than most homes in Windsor Park (average 1961) but roughly in line with others on Boulder Bay. The age may mean original systems or finishes, so it’s worth budgeting for potential updates to plumbing, electrical, insulation, or windows.
5. What kind of value growth could this property see?
Because the assessed value is below the street and community averages, there may be room for appreciation—especially if the interior size remains desirable and the neighbourhood improves. However, smaller lots and older homes tend to appreciate more slowly unless renovated. A lot depends on local market trends and any upgrades you make.