6 Boxwood Cove – Property Summary
1. Key Characteristics, Appeal, and Likely Buyer
This property is a 1,058-square-foot home built in 1984 on a 3,773-square-foot lot, with a current assessed value of $356,000.
What stands out is the balance between the house itself and the land it sits on. On its street in Boxwood Cove, the home ranks in the top 18% for both build year (newer than average) and lot size (larger than average). The assessed value is also above the neighbourhood average, which suggests the house has been well maintained or updated relative to nearby properties.
That said, the lot size is smaller than the Worthington neighbourhood norm (3,773 sqft vs. 7,831 sqft average). This is the trade-off: you get a newer, above-average house on a street where lots tend to be modest, in a neighbourhood where larger lots are more common. Citywide, the home sits close to the median for value and living area.
The appeal here is for a buyer who prioritises a newer home with less upkeep, rather than a larger yard. It would suit someone looking for a move-in-ready property in a solid middle-tier neighbourhood, without paying a premium for extra land they may not need. First-time buyers or downsizers who value a more recent build over square footage would likely find this a strong fit.
2. Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The home’s assessed value of $356,000 is above the Worthington neighbourhood average of $315,300 (ranking in the top 27%). On its own street, it ranks 3rd out of 11 homes. Citywide, it’s near the middle of the pack.
2. Is the lot size considered small for this area?
Yes, relative to the neighbourhood. While the lot is larger than most others on Boxwood Cove (top 18% on the street), it is well below the Worthington average. Buyers looking for a large yard may find it limited; those wanting less maintenance will see it as a plus.
3. How old is the home, and has it likely been updated?
Built in 1984, it is newer than most homes in Worthington (average build year 1962) and newer than the citywide average (1966). The above-average assessed value suggests either good original condition or some upgrades, but no specific renovation details are available from the data.
4. What does the “Top 18%” ranking for year built actually mean?
It means that out of all comparable homes on this street and in the neighbourhood, only about 18% were built more recently than 1984. The home is relatively new for its immediate area, which can be a selling point for avoiding older-home maintenance issues.
5. How useful is the living area compared to other homes in the city?
At 1,058 sqft, the living area is slightly below the citywide average for comparable homes (1,342 sqft). It ranks in the top 66% citywide, so it’s not unusually small, but it’s also not spacious. The home is more competitive on value and lot size than on square footage alone.