Property Overview: 30 Kildonan Meadow Drive

Section 1: Key Characteristics & Appeal

This home presents a distinct profile defined by a notable contrast between its lot size and its living space. Built in 1987, its primary characteristic is a very generous 6,936 sqft lot, which ranks in the top 17% on its street and top 11% in the Meadows area. This offers significant outdoor potential for gardening, recreation, or future expansion. The trade-off is a modest 890 sqft living area, which is notably smaller than most comparable homes locally.

Its appeal lies in this land-to-structure ratio. For the right buyer, the value is in the land itself and the possibilities it holds, rather than in a large existing footprint. The assessed value is relatively moderate compared to the area, suggesting the price reflects the home's compact size. This property would best suit a practical first-time buyer, a downsizer comfortable with cozy interiors, or an investor/renovator who sees long-term potential in the substantial lot. It’s a home for those who prioritize private outdoor space over expansive indoor square footage and are willing to invest sweat equity or consider future additions.

Section 2: Frequently Asked Questions

1. Is the smaller living area a concern?
Yes, it’s a key consideration. At 890 sqft, the home is significantly more compact than most in the neighbourhood. It requires efficient use of space and may not suit those needing multiple large rooms or ample storage.

2. What are the advantages of such a large lot?
The nearly 7,000 sqft lot is a standout feature. It provides exceptional privacy, space for children or pets to play, room for extensive gardens, and a rare opportunity in the city for potential future projects like a garage, workshop, or home addition.

3. How does the assessed value compare to the recent sale price?
The home last sold in 2024 for an estimated $350k-$400k, while its assessed value is $37.10k. It’s important to understand that municipal assessed value for tax purposes is often significantly lower than market value and should not be used as a direct price indicator.

4. Is the 1987 build date a positive or negative?
It’s neutral to positive. While not new, a home from 1987 likely benefits from modern wiring and insulation standards compared to much older stock, yet is established enough to have mature landscaping. It sits in a comfortable middle ground for age.

5. What is the neighbourhood context for this property?
The data shows this home is unique on its street. While most neighbours have larger houses (averaging 1,460 sqft) on smaller lots, this property flips that script. This means you get more land, but the immediate streetscape will be dominated by larger structures.