52 Blackberry Bay – Property Summary
Key Characteristics & Target Buyers
This is a 1,052 sqft single-family home on a 5,998 sqft lot, built in 1958 and assessed at $355,000. Its most notable feature is the construction year: it’s the oldest home on its street (top 2%), which often signals solid original construction and a location in a well-established part of Windsor Park. The living area and lot size are both close to the neighbourhood averages, meaning the property doesn’t stand out for being unusually large or small—it fits a middle-of-the-road profile in a stable, mature area. The assessed value is also right around the local average, which suggests the pricing aligns with what similar homes nearby are worth. This makes the property appealing to buyers who want a functional, unpretentious home in a built-up neighbourhood with predictable comparisons. It would suit first-time buyers looking for a manageable entry point, downsizers who value a single-storey layout (typical of this era) without excess space, or investors seeking a property with consistent resale characteristics rather than speculative upsides.
Five Frequently Asked Questions
1. How does this home compare to others in Windsor Park?
In nearly every metric—living area, lot size, and assessed value—this property lands within a few percentage points of the neighbourhood average. That means you’re buying a home that’s representative of what the area typically offers, not an outlier. For buyers who want reassurance that resale values will follow local trends, this consistency is a practical advantage.
2. Is an older home from 1958 a concern?
Being the oldest house on the street could raise questions about maintenance. However, in this context, “oldest” is relative: the street average is 1957, so neighbours are essentially the same vintage. The key considerations are the condition of the foundation, roof, and mechanical systems, which matter more than the year alone. Older homes in this era often have firmer wood framing and mature landscaping, but you should budget for updates that newer homes may already have.
3. Why is the assessed value close to the neighbourhood average despite the smaller lot?
The lot is slightly below the street average (5,998 vs. 6,264 sqft), but assessed value reflects more than just land size—it factors in location, home condition, and comparable sales. In this case, the value aligns with the neighbourhood median, indicating that the property’s features (size, age, condition) collectively match what buyers in Windsor Park typically pay.
4. Would this property be a good rental investment?
Windsor Park is a mature residential area with steady demand, not a high-growth or luxury market. The home’s mid-range specifications mean rental income would likely be stable but not exceptional. The main advantage is that the property isn’t overpriced relative to its peers, so the risk of negative cash flow is lower. The trade-off is limited upside from appreciation unless the neighbourhood sees broader redevelopment.
5. How does the lot size affect future expansion or landscaping?
At just under 6,000 sqft, the lot is sufficient for a standard backyard, garden, or small addition, but it won’t accommodate a large extension without sacrificing outdoor space. Comparatively, it’s in the middle third citywide, so you’re not constrained by a tiny lot, but you’re also not buying a property with significant redevelopment potential. For most owners, it’s a comfortable, low-drama size—enough room for use, but not enough for speculation.