Property Overview
This two-storey home on Buxton Road in Crescent Park offers a compelling mix of space and value. Its key characteristic is its generous 1,850 sqft of living area, which ranks well above average for its street, neighborhood, and even city-wide. The property sits on a solid 6,396 sqft lot and includes a detached garage. Built in 1953, the home is of a typical vintage for the area, and its basement is noted as being unrenovated.
The primary appeal lies in the significant amount of living space for the price point, as indicated by its assessed value being notably lower than many area comparables. This creates a clear value proposition for buyers seeking room to grow or customize without the premium price tag of a fully updated home. It would suit a practical buyer—perhaps a growing family, a handy homeowner, or an investor—who prioritizes square footage and lot size over modern finishes and is prepared to take on a basement renovation or updates over time. A less obvious perspective is that the below-average assessment for the street could represent a long-term tax advantage, and the mature neighborhood often means established landscaping and settled infrastructure.
Frequently Asked Questions
Q: How does the home’s size compare to others in the area?
A: Very favorably. With 1,850 sqft, it is in the top 9% for living area on Buxton Road and the top 14% within the broader Crescent Park neighborhood, offering more space than most comparable homes.
Q: Is the assessed value a good indicator of the likely sale price?
A: Not directly. The home last sold for $48.3k in August 2024, which is above its $34.7k assessed value. Assessments are for municipal tax purposes; market value is determined by current buyer demand and recent sales of similar properties.
Q: What should I know about the basement?
A: The listing specifically notes the basement is "not renovated." Buyers should budget for potential updates and include a thorough inspection to understand its current condition and any necessary improvements.
Q: How does the lot size compare to the city average?
A: The lot is a strong feature. At 6,396 sqft, it is larger than the city-wide average lot, ranking in the top 24% overall, which is notable for an inner-city neighborhood.
Q: The home is older. Are there major concerns with that?
A: Built in 1953, it is typical for the well-established Crescent Park area. While systems like roof, wiring, and plumbing may need evaluation or updating, the year built is not an outlier and aligns with the character of the community. A pre-purchase inspection is always recommended.