Property Overview
This well-situated one-storey home on Ness Avenue offers a practical blend of space, location, and value. Built in 1965, it sits on a generously sized lot that ranks within the top tier for its street and neighbourhood. The living area is notably spacious compared to most homes on the street. A key feature is the renovated basement, adding valuable finished space. The property last sold in July 2023 for $30,000 above its most recent assessed value, indicating a strong and recent market validation.
Its appeal lies in its established, quiet neighbourhood setting combined with above-average indoor and outdoor space for the immediate area. It would suit first-time buyers looking for a move-in-ready home with a finished basement, or downsizers seeking a manageable single-level layout without compromising on lot size or privacy. A thoughtful perspective is that the high lot size ranking suggests future potential, whether for gardening, expansion, or simply enjoying more outdoor room than is typical nearby.
Frequently Asked Questions
What does the ranking data actually mean?
The percentile rankings (e.g., "Top 6% in same street") compare this property against immediate neighbours and the wider city. For lot size, being in the "top 6%" on its street means the lot is larger than 94% of others on Ness Avenue, a significant advantage.
Is the lack of a garage a major drawback?
While the property has no garage, the very large lot may provide ample space for off-street parking or the potential to add a parking structure or shed, subject to local bylaws.
The home is 61 years old. What should I consider?
The renovated basement is a positive update. A pre-purchase inspection would be wise to focus on the condition of core components typical for a home of this age, such as the roof, foundation, and major systems.
How does the 2023 sale price relate to today's value?
The sale at $30,000 above assessed value just last summer suggests the home was in demand. Current market conditions will determine present value, but this provides a solid, recent benchmark.
What is the neighbourhood like?
The data shows the property ranks highly within its own neighbourhood for lot size, suggesting it's in a desirable pocket. It’s a mature, established area, and the close proximity of similar-valued homes on different streets indicates consistency in the local market.