468 Speers Road – Property Summary

Key Characteristics & Buyer Profile

This is a 2011-built home with 1,358 square feet of living space on a 7,710-square-foot lot. The property stands out most for its assessed value and construction year. On Speers Road, it ranks #1 for assessed value (top 1%), and it’s one of the newest homes in the area—built in 2011, while most nearby homes date to around 1960. In the Windsor Park neighbourhood, it ranks in the top 1% for both value and age, and top 9% for living area.

What makes this property noteworthy isn’t just the numbers. The lot size is above average for the neighbourhood (top 7%) but only average compared to others on the same street—meaning you get more land than most homes in the area, but it’s not unusually large relative to immediate neighbours. The living area is slightly below the citywide average of 1,342 square feet, but significantly above both the street and neighbourhood averages.

The appeal here is for buyers who want a relatively new home without moving to a newer subdivision. You get modern construction (2011) in an established neighbourhood, which is relatively uncommon. The assessed value being well above the street average suggests either a higher-end finish or recent upgrades. This would suit someone who values a newer build but prefers a mature neighbourhood with larger lots over a dense new development. It’s less suited for buyers who prioritize maximum square footage over quality or age, since the living area is modest for its price point.

Frequently Asked Questions

1. How does the property compare to others on Speers Road in terms of lot size?
It’s around average for the street. The lot is 7,710 square feet, while the street average is 7,802 square feet—just slightly smaller. But compared to the broader neighbourhood (6,030 sqft average), it’s notably larger.

2. Is the assessed value of $486k a reliable guide to market price?
Assessed value reflects the city’s estimate for property tax purposes, not necessarily current market value. Ranked #1 on the street for assessment suggests the home is considered a top-tier property locally, but market conditions, recent upgrades, and buyer demand will set the actual selling price.

3. The home was built in 2011. What typical maintenance issues might still be relevant?
At roughly 13–14 years old, it’s past the “new home” stage. Roof lifespan, HVAC age, and window seals are worth checking—these are typical for homes of this vintage. Unlike much older homes in the area, you likely won’t deal with knob-and-tube wiring, cast iron plumbing, or foundation settling, but the original mechanicals are now into their second decade.

4. How does the living space feel given it’s below the city average?
1,358 square feet is considered a comfortable size for a small family or couple. It’s below the citywide comparable average (1,342 is the average for comparable homes citywide—so actually this home is slightly above that). The practical feel depends on layout: an open plan can make it feel larger, while segmented rooms can make it feel tighter. Worth viewing in person to judge.

5. What does “above average” for living area in Windsor Park actually mean for resale?
Being top 9% in the neighbourhood for living area is a strong selling point if you eventually move. It means the home is larger than most nearby properties, which can attract buyers who want more space without leaving the area. However, the lot and location matter just as much—this home’s larger-than-average lot combined with a newer build gives it a distinct advantage over older, smaller homes in the same price range.