39 Blueberry Bay – Property Summary
Key Characteristics & Buyer Profile
This 1956-built home offers 1,024 square feet of living space on a 5,496-square-foot lot. The property’s standout feature is its assessed value of $378,000, which ranks 2nd out of 36 homes on the same street (top 6%) and places it well above the street average of $333,300. In the wider Windsor Park neighbourhood, it sits in the top 22% for assessed value while the citywide average for comparable homes is $390,100—meaning this property is priced competitively for its immediate surroundings.
The living area is typical for the street (where the average is 1,006 sqft) but falls below the citywide median of 1,342 sqft. The lot is slightly smaller than the neighbourhood average of 6,030 sqft, though still in line with citywide trends. The home’s age is consistent with the street’s character (average year built 1957), but the neighbourhood and city have a higher share of newer homes.
Where the appeal lies: The value proposition is strong. You’re getting a property that appraises significantly higher than its immediate neighbours, which suggests either recent upgrades, a desirable location within the street, or both. The home is not oversized—it’s a modest footprint—but the assessed value signals that the market sees it as a premium option on Blueberry Bay. This could appeal to buyers who prioritize lot location and neighbourhood stability over square footage or a large yard.
Buyer type: Best suited for someone who values a well-positioned home in an established area over a newer or larger property. Think empty-nesters downsizing from a bigger house but wanting a solid asset in a mature neighbourhood, or first-time buyers who recognize that the street-level ranking for value may translate to better resale potential. It’s less ideal for those seeking a large lot, a modern build, or maximum living space for the money—those trade-offs are clear in the data.
Frequently Asked Questions
1. How does the assessed value compare to the actual market price?
The assessed value of $378,000 is a municipal valuation, not a current market price. The fact that it ranks 2nd on the street (top 6%) and 22nd in the neighbourhood suggests the home is considered a high-value property in its immediate area. However, market conditions, recent sales, and the property’s condition all influence the final sale price. The gap between the street average ($333,300) and this home’s assessment is notable—worth investigating whether recent renovations or a unique feature drove that difference.
2. Is the smaller-than-average living area a problem?
At 1,024 sqft, it’s slightly larger than the street average (1,006 sqft) but smaller than most homes citywide. It’s a typical mid-century floor plan—functional for a couple or small family, but tight for anyone needing multiple dedicated home offices or a large open-concept layout. The trade-off is that you’re not paying for space you might not use, and the high assessed value relative to the street suggests the home makes efficient use of its footprint.
3. How old is the home, and should I expect major maintenance?
Built in 1956, so roughly 68 years old. It’s older than most homes in Windsor Park and the city average. That means you should budget for systems that may be original or nearing end-of-life: roof, furnace, electrical, plumbing, and windows. A property that ranks high in assessed value on its street may have had updates, but this isn’t guaranteed. A thorough home inspection is essential—don’t assume the assessment reflects condition.
4. What does the lot size mean practically?
The lot is 5,496 sqft—slightly below the street average and noticeably smaller than the neighbourhood norm. For a 1950s property, this is fairly standard. Expect a modest front and back yard, likely with less lawn to maintain but also less space for gardens, decks, or play areas. If you prioritize outdoor space or plan expansions, this lot may feel restrictive.
5. How does this property rank against others in Windsor Park?
In the neighbourhood (Windsor Park), this home ranks in the top 22% for assessed value but in the bottom 25% for year built and lot size. It’s a classic trade-off: you’re in the upper tier for value but the lower tier for newer construction and larger yards. For someone who wants a well-valued home in a stable area without paying a premium for a newer or bigger property, this fit is solid.