42 Coral Crescent – Property Overview
Key Characteristics & Appeal
This 1,040 sqft single-family home sits on a 6,268 sqft lot in Windsor Park, built in 1959. It’s a solid post-war starter home that has held its own in the neighbourhood. The standout feature is its assessed value: at $392,000, it ranks in the top 13% for its community and top 22% on its street, meaning it’s holding or gaining value relative to nearby properties. The lot size is also above average for both the neighbourhood and the city—useful if outdoor space matters to you.
The living area is slightly below the city average but sits close to the mean for both Windsor Park and Coral Crescent, so it’s not unusually small for the area. The home’s age (1959) is very typical for the street, but it’s older than the city average—buyers should budget for potential maintenance or updates.
This property would suit someone who values land and long-term value over turnkey finishes. It’s a good fit for buyers who are comfortable with a home that’s lived-in and might want to put their own stamp on it, especially if they’re looking for a lot that offers more breathing room than many newer infill builds. It’s less suited for someone wanting a move-in-ready, modern layout with minimal upkeep.
Five Possible FAQs
1. Is this considered a small house for the area?
Not really. At 1,040 sqft, it’s close to the average for both Coral Crescent and Windsor Park—slightly below but within a typical range. It’s about 300 sqft smaller than the city average, which is common for older neighbourhoods with smaller postwar bungalows.
2. How does the assessed value compare to similar homes nearby?
It’s above average. The assessment ranks in the top 13% within Windsor Park and top 22% on the street, suggesting the property has appreciated well relative to its neighbours. The citywide rank is closer to average, which is typical for older homes in established areas.
3. What should I expect in terms of maintenance for a 1959 home?
Homes from that era often have solid bones but may need updates to mechanicals, insulation, windows, or roofing. Being on a larger lot, there’s also more yard to maintain. A home inspection is advisable to get a clear picture, especially for systems like electrical and plumbing.
4. How does the lot size compare?
It’s above average for the community and the city. The lot is 6,268 sqft—slightly smaller than the street average (6,614 sqft) but notably larger than the Windsor Park average (6,030 sqft). This gives more flexibility for gardens, sheds, or potential future expansion, depending on zoning.
5. Who is this house best suited for?
First-time buyers who value outdoor space and are open to cosmetic updates. Also, investors or homeowners looking for a property with solid land value in a stable, older neighbourhood like Windsor Park. It may not appeal to those wanting a contemporary open-concept floor plan without renovations.