Property Summary: 67 Reay Crescent

Key Characteristics & Appeal

This home at 67 Reay Crescent stands out as a premium property within its established Valley Gardens neighborhood. Its primary appeal lies in its exceptional combination of above-average size and high assessed value relative to its immediate surroundings. With 1,601 sqft of living space, it ranks in the top 1% on its street and top 4% in the neighborhood, offering more room than most comparable local homes. The $479k assessment value further cements its elite status, ranking #1 on the street and in the top 1% of the neighborhood, suggesting a superior level of finish, updates, or desirability.

Built in 1986, it is a more modern residence than most on its block and in Valley Gardens, potentially meaning fewer major upkeep concerns. The 6,600 sqft lot provides generous outdoor space, larger than most in the area.

This property would ideally suit buyers looking for a move-in ready, spacious home in a mature neighborhood without compromising on modern comforts. It appeals to those who value a strong equity position from day one, as the data indicates it is a leading property, not an average one. It’s a smart choice for someone who appreciates established communities but wants a home that feels updated and commands a premium within that setting.

Frequently Asked Questions

1. Why is the assessed value so much higher than the street and neighborhood averages?
The data shows this home is assessed significantly higher than its neighbors, ranking in the top 1%. This typically reflects major renovations, high-quality additions, premium finishes, or a particularly desirable location on the street that have been formally recognized in the valuation.

2. The home was built in 1986, but the neighborhood average is 1976. What does this mean for me?
A build date a decade newer than the area average is a considerable advantage. It suggests systems like plumbing, electrical, and the roof are likely in a more contemporary condition, potentially reducing the need for near-term major replacements common in older homes.

3. How does the lot size compare?
At 6,600 sqft, the lot is above average for both the street and the wider neighborhood, offering more private outdoor space than many nearby properties. It is, however, slightly smaller than the citywide average for comparable homes.

4. What do the "Elite" and "Above Average" rankings actually tell me?
These rankings are a relative measure of how this specific property compares to similar homes in three circles: its street, its neighborhood (Valley Gardens), and the entire city. "Elite" rankings in living area and value mean this home outperforms the vast majority of its direct peers, indicating a standout asset in its local market.

5. The citywide averages for living area and value are higher. Does that mean this home is small for the city?
Not necessarily. Citywide averages include all types of homes and newer subdivisions where homes are often larger. This property's strength is its premium position within its established, desirable neighborhood. It offers a balance of size and value that is superior in its specific, mature community context.