Property Overview: 35 Gascon Road, Meadowood

Key Characteristics & Appeal

This 1975-built home in Meadowood presents a compelling mix of established neighbourhood character and strong relative value. At 1,077 sqft on a 5,000 sqft lot, its interior space is above average for its immediate street and competitive within the wider area. The standout feature is its assessed value of $410,000, which ranks in the elite top 5% on Gascon Road and well above average for the Meadowood neighbourhood. This suggests a property that is either notably well-maintained, updated, or positioned on a desirable part of the street compared to its peers.

The appeal lies in its position as a solid, mid-century home in a mature community. It suits practical buyers looking for a move-in-ready home without the premium of a new build, or those who value a larger-than-standard lot for the street. It’s particularly suitable for first-time buyers or downsizers seeking a manageable size with the stability of an established area, and for value-focused buyers who appreciate a home that compares favourably in both assessment and recent sale price to its direct neighbours.

Frequently Asked Questions

1. What does the "Elite" assessed value ranking mean for this home?
It indicates the property’s municipal assessed value is in the highest tier (top 5%) on its street. This often reflects recent improvements, a premium lot location, or a condition that stands out positively among comparable homes on Gascon Road.

2. How does the sold price from 2023 relate to the current assessed value?
The home sold for an estimated $400k–$450k in 2023, and is now assessed at $410k. This close alignment suggests the assessment is current and market-reflective, providing a stable baseline for property taxes and value estimation.

3. Is the living space sufficient for a growing family?
At just over 1,000 sqft, the living area is typical for homes of its era in Meadowood. It is functional for a small family or couple, but those needing multiple large bedrooms or extensive living areas may find it compact. The above-average lot size offers potential for future expansion, subject to permits.

4. What are the implications of the home being built in 1975?
As a home from the mid-70s, prospective buyers should budget for potential updates to major aging components like roofing, windows, or the heating system. A thorough inspection is advised. On the positive side, homes from this period often feature larger lot sizes and mature landscaping not always found in newer subdivisions.

5. How can I get the exact historical sold price?
The exact sale price is not publicly listed in detail. You can request it directly via the provided email form on the listing page. The service commits to providing the accurate figure manually, typically by the end of the same business day, without using your email for marketing.