This 1,529-square-foot home on a 2,336-square-foot lot in Wolseley was built in 1907 and has an assessed value of $365,000. Its key characteristic is a compact, older footprint on a smaller lot relative to many comparables. The appeal lies in its balance of price and condition: the assessed value sits near average for its street, neighbourhood, and city, while the living area is slightly below street average but above citywide averages. This suggests a property that may offer functional interior space without commanding a premium for outdoor area or a newer build. The home would suit buyers who value location and interior livability over a sprawling yard or a modern structure—those willing to compromise on lot size and age for an entry point into a desirable neighbourhood like Wolseley, where character homes are abundant and resale value is steady.
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How does this home compare to others on Walnut Street?
It is below average for living area (ranked 66th out of 87 homes) and lot size (76th out of 87), but its assessed value is around average (39th out of 87). This suggests it may be one of the smaller homes on the street, likely at a more accessible price point relative to neighbours.
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Is the 1907 build a concern for condition?
It depends on upkeep. The home is older than 96% of citywide comparables, so systems like plumbing, electrical, and insulation may be original or require updating. A proper inspection would help clarify. Many homes of this era in Wolseley retain solid bones but need ongoing maintenance.
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How does the lot size affect usability?
At 2,336 square feet, the lot is smaller than 87% of properties on the street and 93% in Wolseley. This limits yard space for gardens, expansions, or outdoor living, but it may also mean lower yard maintenance and a more urban feel.
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What does “around average” assessed value mean in practice?
It means the property is priced close to the median for its street, neighbourhood, and city—neither a bargain nor a premium. For buyers, this can indicate fair market pricing, not inflated by scarcity or condition.
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Is this home a good investment for resale?
Potentially, for the right buyer. Its above-average citywide living area but below-average street rankings suggest it may underperform neighbours on a square-foot basis but still hold value due to its location in a historically stable area. Upside would come from interior upgrades, not land appreciation.