46 Coral Crescent – Property Summary
1. Key Characteristics & Buyer Profile
This home on Coral Crescent sits on a 6,267 sqft lot with 1,587 sqft of living space, built in 1959. What stands out is its position relative to nearby properties. On its own street, it ranks #2 out of 50 homes for both living area and assessed value—meaning it's one of the larger and more valuable houses on the block. The assessed value of $446k is significantly above the street average of $370k and the neighbourhood average of $354k, putting it in the top 2% within Windsor Park.
The lot size, however, is slightly below the street average (6,267 vs. 6,614 sqft), though still above average for the broader neighbourhood and city. The home's age is on par with its immediate surroundings but older than the citywide median.
Where the appeal lies: This property offers a combination of above-average size and value within a strong local context. It's not the biggest lot on the street, but the house itself is. For buyers who want to be near the top of the pecking order in a well-regarded neighbourhood, this delivers without the premium of a brand-new build.
Who it suits: Likely buyers include families or professionals looking for a well-positioned home in Windsor Park, who value living space and assessed value over lot size alone. It may also appeal to those who want a property that already sits at the higher end of its street's range, rather than one that needs significant upgrading to compete.
2. Five Possible FAQs
1. How does this home compare to others in Windsor Park?
It ranks in the top 2% of the neighbourhood for assessed value and top 3% for living area. That puts it well above most homes in the area, both in size and market position.
2. Is the lot size a concern?
At 6,267 sqft, it's below the street average (6,614 sqft) but above the neighbourhood average (6,030 sqft). It's not a small lot by city standards—it ranks in the top 26% citywide—just slightly smaller than others on this particular street.
3. The home was built in 1959. Is that old for this area?
The street average is 1958, so it's right in line with its immediate neighbours. Compared to the citywide median of 1966, it's older by about seven years, but that's typical for established neighbourhoods like Windsor Park.
4. What does the assessed value tell me?
The assessed value of $446k is well above both the street and neighbourhood averages. That reflects a property that's been maintained or upgraded relative to others around it, and it also suggests higher property taxes will apply.
5. Is this a good investment in this area?
The property is already ranked at the top of its street and neighbourhood for value and size, which limits upside from appreciation relative to nearby homes. However, being in a strong local position with above-average living space in a desirable neighbourhood offers stability. The lot size is a mild constraint for future expansion, but the home's current footprint is already substantial for the area.