Property Overview: 564 Campbell Street, Central River Heights
Key Characteristics & Appeal
This is a well-situated, classic one-storey home in the sought-after Central River Heights neighborhood. Its primary appeal lies in a combination of generous space, a mature location, and solid fundamentals. The house itself, built in 1955, offers a comfortable 1,701 sqft of living area, which is notably above average for both the street and the neighborhood. The standout feature is the expansive 7,199 sqft lot, placing it in the top 4% for land size on Campbell Street. This provides rare potential for outdoor living, gardening, or future expansion. The home also features a renovated basement and a detached garage.
The property suits buyers looking for a established, character neighborhood with room to breathe. It’s ideal for those who value a large private yard over a brand-new build, and for families or individuals seeking a home with inherent value in its land. A thoughtful perspective is that while the house is from the 1950s, it is newer than many in the immediate area, potentially meaning fewer concerns associated with very old infrastructure. Its above-average assessed value for the area signals a property that has been maintained as a solid investment within a consistently desirable community.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, ceiling height, legal egress, and whether it includes a bathroom or kitchenette to understand its full functionality.
2. How does the large lot size impact me?
Beyond private outdoor space, a lot of this size (top 4% on the street) can offer long-term value through potential for additions like a deck, garden suite (subject to zoning), or simply providing more privacy and distance from neighbors than is typical in the area.
3. The assessed value seems low compared to the sale price. Why?
The $54,900 assessed value is for municipal tax purposes and is typically much lower than market value. The last recorded sale was $520,000 in January 2022, which is a more relevant benchmark for current market value.
4. Is the detached garage a standard size, and what is its condition?
The listing notes a detached garage but does not provide dimensions or specifics. Buyers should verify if it’s a single or double car garage, its structural state, and if it has power or is insulated.
5. How does this home compare to others on the street?
The data shows this home ranks highly on Campbell Street for lot size (top 4%), living area (top 16%), and assessed value (top 13%). It sits on a larger parcel and has more interior space than the average home on this specific street.