849 Pepperloaf Crescent

Property Overview

This 1984-built, one-storey home on a large 6,299 sqft lot in Roblin Park offers a practical and established living environment. Its key appeal lies in the combination of a spacious, private yard and a fully finished basement, which expands the usable living space beyond the 1,140 sqft main floor. The home presents as a solid, no-frills property that has been recently transacted, providing clear market context.

It would suit first-time buyers seeking a manageable single-level layout with room to grow, or downsizers looking for a low-maintenance yard without sacrificing outdoor space. The property’s value is grounded in its lot size and functional space rather than modern finishes, appealing to those who prioritize potential and location over turn-key condition. A thoughtful perspective is that while its interior size ranks in the middle ranges locally, its lot size is a standout feature for the area, offering a canvas for gardening, expansion, or simply enjoying generous green space—a less common find in mature neighbourhoods.

Key Questions & Considerations

1. What does the ranking data actually indicate?
The provided rankings show the home’s lot size is among the largest in its immediate area (top 3%), while the building itself is older than most in the neighbourhood (top 15% for age, meaning it's among the older homes). This highlights the property’s structure as established, with the land being its most competitive feature.

2. How does the recent sale price relate to the assessed value?
The home sold for $443,000 in November 2023, which was slightly above its $429,000 assessed value at the time. This suggests the market confirmed the property’s value, and it may indicate stable or slightly appreciating conditions for similar homes in the area.

3. Is the finished basement included in the listed living area?
No. The listed living area of 1,140 sqft refers to the above-grade main floor. The finished basement provides additional, valuable space that is not reflected in that official square footage figure.

4. What is the likely condition of major systems?
Built in 1984, major components like the roof, windows, furnace, and plumbing are likely original or have undergone some updates. A pre-purchase inspection would be crucial to understand the remaining lifespan and any imminent capital needs for these 40-year-old systems.

5. Who might this property not suit?
It may not suit buyers seeking a modern, open-concept layout or recent renovations, as the floor plan and finishes reflect its 1980s build. It also may not fit those wanting a brand-new home, as its age and ranking indicate it is one of the older homes in a well-established community.