Property Overview

98 Long Point Bay is a well-established home in the Meadows neighbourhood, built in 1986. Its primary appeal lies in its strong positional value within its immediate area. The home sits on a generous 7,045 sqft lot, which is notably larger than most on its street and in the wider neighbourhood. While the 1,299 sqft living area is comfortably above average for the street, it is more aligned with typical sizes across the city. The property's assessed value consistently ranks in the top tiers across all comparison levels, suggesting it is viewed as a premium asset relative to its peers. This combination points to a property where the land value and established location are significant drivers.

This home would suit a buyer looking for a solid, move-in-ready property in a mature neighbourhood, with the space and potential for outdoor enjoyment or future expansion. It’s particularly suited for those who value a larger lot over a maximized interior square footage. The strong assessment history may also appeal to buyers with a long-term view, seeing inherent stability and value in the property's standing within the community.

Frequently Asked Questions

How does the lot size compare to nearby properties?
The lot of 7,045 sqft is substantially larger than the average on Long Point Bay (approx. 5,083 sqft) and in the Meadows area (approx. 5,372 sqft). This means more private outdoor space than most neighbouring homes.

The home was last sold in 2017. What was the exact price?
The public data shows a sale price range of CA$300k–350k for that transaction. For legal and privacy reasons, the exact sale price is not published online, but it can be provided upon direct request to the listing service.

The assessed value seems high for the area. Is that typical?
The assessed value of $46.50k ranks in the top 6% on its street and top 25% in Meadows, indicating it is assessed higher than most comparable homes. This can reflect a combination of the larger lot, the home's condition, and its specific location.

What does the "year built" ranking mean?
A ranking in the top 6% for year built on its street means it is one of the newer homes on Long Point Bay. Most homes on the street were built in or around 1986, so this property is from the latter part of the area's development period.

Is the living space smaller than a typical city home?
At 1,299 sqft, the living area is slightly below the current city-wide average (approx. 1,342 sqft) but is actually above the average for its own street. It represents a comfortable size for the neighbourhood and era.