Property Summary: 1,047 sqft Home on Wayoata Street, Kildare-Redonda

Key Characteristics & Buyer Profile

This is a solidly built 1963 home offering 1,047 square feet of living space on a notably large 6,123 sqft lot. The lot size is the standout feature—ranking in the top 17% on its street, top 12% in the area, and top 28% citywide. The living area is above average for the immediate street and neighbourhood (where typical homes are smaller), though falls below the citywide median. The assessed value of $325,000 reflects this balance: strong for the street (top 22%) but more modest citywide. The year built is essentially average for the area, meaning this home won’t feel unusually dated among its neighbours.

The appeal here is pragmatic. You get indoor space that’s comfortable but not oversized, paired with outdoor space that’s genuinely generous by local standards. That combination suits buyers who want room for a garden, a workshop, a playset, or future expansion—without paying for a huge house they don’t need. It would work well for first-time buyers looking for a property with good lot value, downsizers who want manageable interior square footage with outdoor elbow room, or anyone who prioritises yard space over a sprawling floor plan. The location in Kildare-Redonda, with its older, established character, also appeals to those seeking a settled neighbourhood rather than a new-development area.

Five Possible FAQs

1. How does the living area compare to other homes nearby?
It’s above average for both the street and the neighbourhood. On Wayoata Street, the average is 857 sqft, so you’re getting roughly 22% more space than most neighbours. Citywide, however, the average is 1,342 sqft, so this home is smaller than many newer or larger suburban houses.

2. Is the large lot usable, or is it awkwardly shaped?
The ranking suggests the lot is generous by local standards, but the specific dimensions and shape aren’t listed here. Check the neighbourhood map analysis or visit in person. A flat, rectangular 6,123 sqft lot is quite different from a narrow or sloped one—and that changes what you can actually do with it.

3. Does the 1963 construction mean major updates are likely needed?
Homes from that era can be well-built but may have original systems (furnace, electrical, plumbing, windows) that are nearing the end of their service life. The average build year in the area is similar, so the house isn’t an outlier. A home inspection focused on older infrastructure is wise regardless of perceived condition.

4. Why is the assessed value higher than average on the street but lower citywide?
This is a classic case of local context. On Wayoata Street, homes are generally smaller and have smaller lots, so your larger lot and slightly larger house push the value up. Citywide, you’re competing with bigger homes in pricier areas, so the assessed value looks more modest. It’s not a contradiction—it just reflects two different reference points.

5. Is this a good property for future resale value?
Large lots in established neighbourhoods tend to hold value well, especially when the home itself is liveable. The house isn’t oversized, so it won’t limit the buyer pool to people who want maximum square footage. The land is the real asset here—and that’s often harder to replicate than interior space.