385 Westmount Drive – Property Summary

Key Characteristics & Buyer Profile

This is a 1961-built home with 1,041 sqft of living space on a 5,369 sqft lot, currently assessed at $393,000. Its strongest feature is the assessed value. Relative to other homes on Westmount Drive, it ranks in the top 14%, and within the Windsor Park neighbourhood, it sits in the top 12%—meaning it holds higher value than most nearby properties. The living area is slightly below the citywide average for comparable homes (1,342 sqft), but roughly in line with its immediate street and neighbourhood. The land area is on the smaller side for the area, ranking in the bottom 20% on the street and in the neighbourhood.

The appeal here is value concentration rather than space. Buyers get a home that has held or grown its value well compared to its neighbours, without paying for a large lot or extra square footage they might not need. The year built is typical for the area—solidly mid-century, which often means simpler construction and established landscaping.

This property would suit a buyer who prioritizes location and resale potential over raw size. It's a practical fit for someone looking for a well-valued home in a stable neighbourhood, possibly a first-time buyer, a downsizer who doesn't want a big yard, or an investor who sees opportunity in a property that already ranks high in assessed value relative to its peers.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value of $393,000 is above the averages on Westmount Drive ($363,400) and in Windsor Park ($354,200). It ranks in the top 12% of the neighbourhood and top 14% on the street, indicating strong relative value.

2. Is the living area small for a home in this neighbourhood?
It's slightly below the neighbourhood average of 1,091 sqft and well below the citywide average of 1,342 sqft for comparable homes. That said, it's typical for the street itself, where the average is 1,138 sqft. The home is compact but not unusually so for the immediate area.

3. Why is the land area ranked so low if it's a standard lot?
The lot is 5,369 sqft, which is smaller than both the street average (6,071 sqft) and neighbourhood average (6,030 sqft). On Westmount Drive, that puts it in the bottom 14% for lot size. Smaller lots are common in older, more established sections of the city, but this one is on the compact side even by those standards.

4. What does the year built tell me about the home's condition?
Built in 1961, the home is typical for Windsor Park (average 1961) and slightly older than the citywide average (1966). Mid-century homes often have solid foundations and mature trees, but may need updates to electrical, plumbing, or insulation depending on what's been done since. The age alone doesn't indicate poor condition, but it's worth checking for major system replacements.

5. Who typically buys a home like this?
Given the combination of a smaller lot, moderate living space, and strong assessed value, this property often appeals to buyers looking for a cost-effective entry into a well-ranked area. It's less suited for someone who needs a large yard or open layout, but a good match for those who want a home that already sits above the value curve in its neighbourhood—suggesting stable or growing equity.