Property Overview
This 1981-built bungalow on a generous 6,588 sqft lot in Betsworth offers a practical, single-level living layout with 1,148 sqft of finished space and a developed basement. Its key appeal lies in a balanced combination of established neighborhood character and relative value. The property ranks notably well for its lot size and age within its immediate area, suggesting a well-situated and maintained home in a mature setting. It suits first-time buyers seeking a manageable, ground-level footprint, downsizers looking to avoid stairs, or value-oriented investors attracted to a home with a finished basement in a stable community. A thoughtful perspective is that while the living space is modest, the large lot provides valuable outdoor space and potential for future expansion or landscaping, a trade-off that appeals to those prioritizing land over square footage.
Frequently Asked Questions
Q: How does the property’s age impact its condition and costs?
A: Built in 1981, the home is part of an established neighborhood. Buyers should anticipate typical maintenance or updates for a house of this era, such as roofing, windows, or mechanical systems, which can be factored into the offering price. Its high ranking for age on the street suggests it is among the newer homes in the immediate area.
Q: What does the "finished basement" include?
A: The listing confirms the basement is developed, which typically adds flexible living space, such as extra bedrooms, a family room, or storage. Specifics on layout, ceiling height, and legal compliance should be verified through a viewing and inspection.
Q: Is the property competitively priced for the area?
A: With an assessed value of $392,000, the home ranks in the lower tier for value on its street but is more competitive within the wider community and city. This may indicate potential value relative to the lot size and condition, but market price will depend on recent comparable sales and the home's specific features.
Q: Who would this property not suit?
A: It may not suit buyers seeking a modern, open-concept layout or extensive move-in-ready finishes without further investment. The modest above-grade square footage might also be limiting for larger families requiring multiple main-floor bedrooms.
Q: What are the advantages of the lot size?
A: At nearly 6,600 sqft, the lot is a significant asset, offering ample private outdoor space, room for gardening, play, or parking, and a greater sense of privacy compared to newer, denser subdivisions. This is a key feature where the property outperforms many others in the area.