Key Characteristics & Buyer Profile
This is a compact, well-built 1958 home on a modest lot at 37 Almond Bay in Windsor Park. The living area is 775 square feet, which is noticeably smaller than the average home on the street, in the neighborhood, and across the city. The land is similarly below average for its immediate area, at 4,997 square feet. Where this property stands out is tax-assessed value: at $365,000, it ranks in the top 19% on its street and is above the street average of $331,000, though it aligns more closely with the neighborhood and city medians.
The appeal lies in its combination of a very desirable age and a strong valuation relative to the street. Built in 1958, it ties for the oldest structure on the block but sits in a street where nearly all homes share that same vintage; within Windsor Park and the city, its age is close to average. That means a buyer gets a home with mature character and likely solid bones, in a street where there's no newer construction to overshadow it. The higher assessment compared to neighboring homes suggests either better upkeep, desirable interior upgrades, or a more advantageous lot position within the street's own hierarchy.
This property suits a buyer who values a classic, well-maintained mid-century home within a stable, established neighborhood. It's a strong fit for someone who doesn't need a lot of square footage or a large yard, and who prioritizes getting into a street where the property's value is already proven relative to its immediate neighbours. It would not be ideal for someone seeking a modern floor plan, a large lot, or a low assessment for potential tax savings.
Five Possible FAQs
1. Why is the assessed value so high compared to the street average, even though the home is smaller?
The assessment reflects more than just size. It considers the home's condition, interior finishes, structural integrity, and features. On this particular street, this property likely stands out for being well-maintained or updated, which has driven its value higher than the larger but potentially less-updated homes around it.
2. How competitive is this street for similar homes?
Almond Bay is a small street of just 37 homes, all built around the same time. This home ranks 7th of 37 in assessed value but 30th of 37 in living area. That signals a street where there are a few standout properties, and this is one of the stronger ones in terms of perceived value, even if it's one of the smaller ones.
3. Would I be overpaying for the land given the lot size?
Not necessarily. The lot is about 4,997 square feet, which is smaller than the street average of 5,571. But the assessed value already reflects that smaller footprint. You're paying for the home and its condition, not just the land. If you want a garden or space for additions, this isn't the best pick; if you want low-maintenance outdoor space in an established area, it could be a good match.
4. Is the 1958 build something to worry about?
Not inherently. Many homes of that era are structurally sound and well-built, though you should budget for potential updates to mechanical systems, insulation, or windows. On this street, every home dates to 1958, so there's no "newer" competition that would make yours look dated. The neighborhood median is 1961, so this is only slightly older than the local norm.
5. How does this property compare to other homes in Windsor Park overall?
Within Windsor Park (3,307 properties), this home ranks near the bottom for living area (2,101st) and lot size (3,055th), but above average for assessed value (1,220th). That makes it a value outlier: it's not a standout in size or land, but its valuation suggests it's one of the more desirable smaller homes in the area, likely due to its condition or specific location within the street.