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Rank by area, larger = better rank
Rank by year, newer = better rank
Property Overview & Key Characteristics
This well-maintained, one-storey home in Lavalee offers a practical and comfortable living space on a generous 4,128 sqft lot. Built in 1975, its key appeal lies in its balance of space, recent updates, and location. The 992 sqft living area is complemented by a renovated basement, adding valuable functional space. The property sits on a lot that is larger than most in the immediate area, offering good outdoor potential. Its assessed value ranks highly on its street, suggesting it is a solid performer in its local market.
The home would suit first-time buyers looking for a move-in-ready property with updated essentials, or downsizers seeking single-level living without compromising on lot size. It also represents a sensible option for value-focused buyers who prioritize a renovated basement and a larger-than-average lot over a brand-new build.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, legal compliance, and the nature of the renovations (e.g., cosmetic vs. structural).
2. How does the lack of a garage affect daily living and value?
While the property has no garage, the large lot provides ample space for parking and potential future construction of a garage or carport, subject to local bylaws. This is a common feature in the neighbourhood and is reflected in the current price and assessment.
3. The home sold in 2021 for $310k. What does that mean for today's price?
The 2021 sale price is a historical data point, not a direct indicator of current value. Market conditions, interest rates, and any improvements made since then have likely influenced the present listing price. The assessed value of $31,100 is for municipal tax purposes and is typically lower than market value.
4. The living area is under 1,000 sqft. Is the space manageable?
At 992 sqft plus a renovated basement, the home offers efficient use of space. The single-storey layout enhances flow and accessibility. The appeal for many buyers will be the low-maintenance footprint combined with the additional flexible space in the basement.
5. How does this property compare to others in the area?
The data shows this home has a larger lot than 65% of its neighbours and a more recent build date than 86% of homes in the wider neighbourhood. This suggests it offers a competitive combination of lot size and a relatively newer structure for the area, which are positive differentiators.
Neighbourhood
Meadowood
Year Built
1973
Living Area
828 sqft
Assessed Value
33.60k
Neighbourhood
Worthington
Year Built
1944
Living Area
572 sqft
Assessed Value
19.60k
Neighbourhood
Meadowood
Year Built
1986
Living Area
876 sqft
Assessed Value
38.90k
Neighbourhood
Royalwood
Year Built
1994
Living Area
1,915 sqft
Assessed Value
53.70k
Neighbourhood
Worthington
Year Built
1945
Living Area
724 sqft
Assessed Value
24.40k
Neighbourhood
Meadowood
Year Built
—
Living Area
—
Assessed Value
15.60k
Neighbourhood
Worthington
Year Built
1944
Living Area
718 sqft
Assessed Value
20.90k
Neighbourhood
Niakwa Place
Year Built
1971
Living Area
1,044 sqft
Assessed Value
29.90k
Neighbourhood
Niakwa Place
Year Built
1987
Living Area
1,904 sqft
Assessed Value
57.20k
Neighbourhood
Meadowood
Year Built
1973
Living Area
900 sqft
Assessed Value
31.50k
Address · Distance
Address · Assessed Value