Property Overview: 37 Willowmeade Crescent, Meadowood

Section 1: Key Characteristics & Appeal

This well-situated Meadowood home, built in 1975, presents a solid and above-average offering within its immediate neighborhood. Its key appeal lies in its strong positional value on Willowmeade Crescent. The home ranks in the top quarter for living space (1,116 sq ft) and, more notably, in the top 10% for assessed value on its street, suggesting it is perceived as a higher-value property among its closest peers. The lot is a generous 5,496 sq ft, providing ample outdoor space.

This property would suit practical buyers looking for a established home in a stable neighborhood. It’s particularly appealing to those who value a larger yard and a home that stands out favorably in terms of municipal assessment on its block. The data indicates it may be a prudent choice for buyers who prioritize equity and lot size over a more modern or recently renovated interior, given its age. Its last sale in 2022 within the $400k-$450k range shows sustained market interest.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others on the street?
The data shows it ranks exceptionally well for its year built (the newest on the street) and assessed value (4th highest of 44 homes). This indicates it is likely one of the more updated and well-regarded properties on Willowmeade Crescent by municipal standards.

2. Is the living space sufficient for a growing family?
At 1,116 sq ft, the living area is above average for the street but close to the average for the wider Meadowood area. It offers a typical footprint for the neighborhood era, suitable for a small to medium-sized family, with the larger lot being a compensating feature for outdoor space.

3. What does the assessed value tell us about the property?
An assessed value ($407,000) that ranks in the top 9% on its street often reflects factors like lot desirability, improvements, or overall condition compared to neighbors. It's a useful benchmark for municipal taxation and can indicate strong relative value, but market sale price is determined by current buyer demand.

4. The home is 51 years old. What should I consider?
While the home is the newest on its street, its age means prospective buyers should pay close attention to the condition of major systems (roof, plumbing, electrical, HVAC) and potential updates needed. The "bones" and location are strong, but budget for maintenance and modernization.

5. How stable is the property’s value based on its history?
The home sold in 2017 for an estimated $300k-$350k and again in 2022 for $400k-$450k, showing notable appreciation over that five-year period. This trend, coupled with its high assessed value ranking, suggests a history of holding and growing value in its market context.