Property Summary

Key Characteristics & Buyer Profile

This property sits on a notably large lot of 5,964 square feet, well above average for its street, area, and city. The land is the standout feature—ranking in the top 20% on Granite Grove Road and top 23% in South Pointe West. The year built is also above average, meaning the home is newer than many nearby.

Where the trade-off comes is in the living area and assessed value. The home’s square footage is well below typical for the neighbourhood and city, and the assessed value of $153,000 lands in the bottom 3% citywide. That combination—a big newer lot with a smaller, lower-value house—suggests either a compact floor plan or a property where the land is worth more than the structure.

The appeal here is for buyers who prioritize outdoor space and location over interior square footage. It could suit someone looking to build or renovate, as the lot offers flexibility that most properties on the same street don’t. It might also work for downsizers or those wanting a lower-maintenance home footprint who still want generous yard space. It would be a less obvious fit for families needing expansive indoor room, or for buyers strictly comparing price per square foot without considering land value.

Frequently Asked Questions

1. Why is the assessed value so low compared to the neighbourhood?
The low value isn’t about the location or lot—it’s driven by the small living area. The house itself is modest in size, so even on a large parcel, the total assessed value comes in below most peers. The land is the asset here.

2. How does the lot size compare to other homes in South Pointe West?
It ranks in the top 23% of the area and top 20% on the street, so it’s genuinely oversized for the neighbourhood. That’s a meaningful advantage if outdoor use, gardening, or future expansion matters.

3. Is the living area likely to feel cramped?
Without floor plan details, it’s hard to judge layout efficiency. But the data confirms the square footage is well below average among comparable homes. If you need multiple bedrooms or open entertaining space, it’s worth viewing in person to see if the design makes up for the smaller total.

4. Could this property be a good candidate for a renovation or addition?
Yes, and that may be one of its stronger use cases. A larger lot that’s already newer than most means you’re starting from a decent foundation in a desirable area. Renovating or adding square footage could significantly raise the assessed value without the land constraints many other properties have.

5. How do these rankings actually work?
The bars show what share of similar homes your property outperforms in each metric. Full fill means top of the range, empty means bottom. For land area, bigger lots rank higher; for living area and assessed value, bigger and higher are better. The “avg” marker is a rough midpoint for comparable homes in that specific scope—street, area, or city.