122 Westgrove Way – Property Summary

Key Characteristics & Buyer Profile

This is a 1971-built home with 878 sq ft of living space on a 2,101 sq ft lot. Its standout feature is the construction year: within the street, it ranks in the top 5% for newer build, which is unusual for this area. Most homes on Westgrove Way were built around the same year, so the property holds its own in terms of age locally. The assessed value is $192,000, which sits below both the neighbourhood and city averages—partly because the living area and lot size are on the smaller side.

The appeal here is straightforward: it’s a compact, mid-century home on a modest lot, in a street where most properties are similar in age and scale. It offers a lower entry point compared to the broader Westdale community, where homes trend larger and more expensive. This property would suit a first-time buyer, someone downsizing from a larger home, or an investor looking for a smaller-footprint asset in an established neighbourhood. It is not for someone seeking generous square footage or a large yard, but it may work well for those who prioritise location and lower purchase price over space.

Five Possible FAQs

1. How does this home compare to others in Westdale?
It’s below average in living area, land size, and assessed value. Among 1,460 properties in the area, it ranks in the bottom 25–30% for size and the bottom 2% for value. That said, its build year is close to the neighbourhood median, so it’s not unusually old or new for the community.

2. Why is the assessed value relatively low?
Two main reasons: the property has less living space (878 sq ft vs. the neighbourhood average of 1,029 sq ft) and a much smaller lot (2,101 sq ft vs. 5,168 sq ft locally). These factors push the assessed value below the Westdale norm.

3. Is a 2,101 sq ft lot unusually small?
City-wide, it’s very small—ranking in the bottom 1% of nearly 200,000 properties. In Westgrove Way, it’s close to average for the street, so it’s less of a concern within this immediate area. It’s worth noting if you’re used to a typical suburban lot.

4. What does “top 5% for build year on the street” actually mean?
Of 110 properties on Westgrove Way, this home ranks 5th newest. Since most homes on the street were built around 1971, being among the newest is a relative advantage but not a dramatic one. It means the structure is in line with the street’s character rather than being an outlier.

5. Would this property appeal to someone looking for a “fixer-upper”?
Possibly, but not necessarily. The data doesn’t indicate the home’s condition—only its size, age, and assessed value. The low assessed value relative to the street and area could reflect smaller size rather than deferred maintenance. A buyer should inspect the home’s actual condition rather than assuming it needs work.