Property Overview

Key Characteristics & Buyer Profile

This 1,512-square-foot home, built in 1989, sits on a 5,233-square-foot lot in the Riverbend area. Its living space is notably above average, ranking in the top 22% locally and top 30% citywide. The tax-assessed value sits around $416,000, which is roughly average for the area—giving it an interesting balance between above-average size and below-average price-per-square-foot compared to newer homes. The lot is typical for the neighbourhood, though slightly smaller relative to the immediate street.

The appeal here is pragmatic rather than flashy. You get a solidly sized home from the late 80s, which often means more established construction quality and mature landscaping than newer builds, without the premium of a recent renovation. It would suit a buyer prioritizing interior square footage and a well-established neighbourhood over a modern finish or a large yard. Families who value indoor living space and a stable, tree-lined area will likely find it more compelling than first-time buyers seeking a turnkey property. Given its ranking in Riverbend—a generally sought-after area—it also offers decent resale potential without the entry price of a top-tier home.

Frequently Asked Questions

1. How does the 1989 build year affect the home's condition and maintenance?
Homes from the late 1980s often have original mechanicals—roof, furnace, windows—approaching end-of-life age (roughly 30–40 years). Buyers should budget for potential replacements within the first few years, but construction from that era is typically well-built and lacks the experimental materials found in the 1970s or the questionable cost-cutting seen in the 2000s. The solid ranking (top 23% citywide for newer builds) suggests it's younger than many comparable homes.

2. Why is the assessed value only "around average" when the living area is "above average"?
Tax assessments lag behind market trends and prioritize consistency over real-time value. A home with above-average square footage but average assessed value could mean the interior finishes are original or the lot is smaller. It could also be that newer homes in the area are driving up average assessments, while this one hasn't been re-assessed to reflect recent sales. This gap can mean a potential value opportunity if you're willing to update.

3. How does the lot size compare to other homes in Riverbend?
The lot (5,233 sqft) is around average for the area (top 32%) but bottom 17% on Ansell Court. This means immediate neighbours likely have larger parcels, but it's consistent with most homes across Riverbend. For buyers, this often translates to manageable yard maintenance and proximity to neighbours, which some prefer over larger, more private lots.

4. Is this a good fit for a family with young children?
Riverbend is known for good schools, safe streets, and parks—so yes, broadly. However, the home's above-average indoor space suits families who spend time inside (e.g., home offices, play areas) more than those prioritizing a huge backyard for outdoor play. The specific street rank for lot size suggests gardens and yards on Ansell Court tend to be smaller, so check the actual yard before assuming it's roomy for kids' activities.

5. What should I look for during a viewing given the age and rankings?
Ask about the last major renovations (kitchen, bathrooms, windows, roof), and confirm if the furnace is original. The "bottom 33%" street rank for tax-assessed value might indicate some deferred maintenance or less desirable siding/landscaping. Also, since it's in the top 22% for living area locally, measure room sizes yourself—sometimes older homes have awkward layouts that make that square footage feel less usable than newer open plans.