Property Overview
This well-situated one-storey home in Crestview offers a practical and updated living space. Its key appeal lies in a recently renovated basement, a detached garage, and a solid, above-average footprint for both the immediate street and the broader neighbourhood. The home sits on a standard-sized lot and, having been built in 1968, is one of the newer homes on its block. Recent sale history shows consistent and strong market performance.
Key Characteristics & Ideal Buyer
The home’s living space of 1,245 sq ft ranks in the top 15% on its street, offering more room than many direct neighbours. The renovated basement adds significant functional space. With an assessed value that places it above average for the area, the property represents a established, value-holding home in a mature neighbourhood. Its recent sale price continues this trend, commanding a premium compared to local averages.
This property would suit a buyer looking for a move-in ready, single-level layout with modernized finishes below grade. It’s ideal for those who value a quiet, established street but want more interior space than is typical for the immediate area. The detached garage is a practical asset for storage or a workshop. It’s a sensible choice for first-time buyers or downsizers seeking a low-maintenance home without compromising on room to live, backed by clear data showing its strong standing in the local market.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,245 sq ft, the living area is larger than approximately 85% of homes on Ashern Road and 79% of homes in the wider Crestview area, offering more interior space than is typical.
2. What does the “renovated basement” entail?
The listing confirms the basement has been renovated, but specifics on finish quality, layout, or permits should be verified by a buyer’s inspection and through direct questions to the seller.
3. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value for municipal taxes is $36,300, but the home sold for $438,000 in June 2024. This significant difference is common and reflects current market conditions rather than the city’s assessment.
4. What is the significance of the home being one of the newer on the street?
Built in 1968, it is the newest home among its 34 direct neighbours on Ashern Road. This can sometimes suggest potentially newer core components (like plumbing or electrical) compared to adjacent older homes, though an inspection is essential.
5. How stable has the home’s value been?
Recent sales data shows a clear upward trend. It sold for $415,000 in July 2023 and then $438,000 in June 2024, demonstrating strong appreciation in a short period.