81 Walnut Street – Property Summary
Key Characteristics & Who It’s For
This 1911-built home in Wolseley offers 1,264 sq. ft. of living space on a 3,146 sq. ft. lot. Its assessed value is $282,000.
The property’s standout feature is its age. Built in 1911, it ranks among the oldest homes on its street (top 6%), which adds character and likely reflects a well-established construction era. The lot size also works in its favour—above average for the street (top 23%), giving it more yard space than many neighbours. The living area, however, is below average for both the street and neighbourhood, meaning the interior is on the smaller side compared to nearby homes. The assessed value is around average for the street but below average for the neighbourhood and city, which may reflect the trade-off between an older home and smaller square footage.
This property suits buyers who prioritise character, a larger lot, and a walkable, established neighbourhood like Wolseley—rather than maximising interior square footage or a home that tracks with current citywide averages. It may appeal most to those who see value in an older home with room to update, or who prefer a compact footprint with decent outdoor space.
Five Possible FAQs
1. How does the living area compare to similar homes nearby?
The 1,264 sq. ft. is below average for both the street (where the average is 1,723 sq. ft.) and the Wolseley neighbourhood (average 1,622 sq. ft.). Citywide, it’s roughly average.
2. Is this property considered good value for its assessed price?
At $282,000, the assessment is around average for Walnut Street but well below the neighbourhood ($371,300) and city ($390,100) averages. This suggests the price reflects the smaller interior and older age, not necessarily a discount.
3. How old is the house, and is that a concern?
Built in 1911, it’s among the oldest on the street. While older homes often have solid construction and character details, buyers should anticipate potential maintenance and updates—particularly for systems like electrical, plumbing, and insulation.
4. What’s the lot size like for the area?
The 3,146 sq. ft. lot is above average for the street (top 23%) but around average for the neighbourhood. Citywide, lots tend to be much larger, so this is a more modest urban lot.
5. Where does this home rank within Wolseley overall?
It sits in the bottom half of the neighbourhood for living area (ranked 1,691 out of 2,349), assessed value (1,911 out of 2,349), and year built (1,172 out of 2,349). The lot size, however, is slightly above the neighbourhood midpoint.