Property Summary: 125 Woodview Bay
Key Characteristics & Appeal
This is a well-established, two-storey family home in Elmhurst, built in 1983. Its primary appeal lies in its generous 7,222 sqft lot and its strong relative standing in key metrics. The home outperforms most comparable properties in its immediate area, ranking in the top 15-20% on its street for lot size, living space, and assessed value. It features a finished basement and an attached garage.
The property suits buyers looking for a solid, move-in-ready home in a mature neighbourhood, offering more outdoor space than many modern lots. It particularly appeals to those who value statistical reassurance; its high percentile rankings suggest it is a competitive and desirable property within its local context. A thoughtful perspective is that while the home is 43 years old, its "newness" ranks exceptionally high on its street (top 2%), indicating it is among the younger homes in the area, which can be an advantage for maintenance and systems.
Frequently Asked Questions
1. What do the percentile rankings mean?
They show how this property compares to others. For example, "in the top 15% for value on its street" means its assessed value is higher than 85% of homes on Woodview Bay, suggesting it's a premium property in that immediate location.
2. Is the lot size a major feature?
Yes. At over 7,200 sqft, the lot is significantly larger than average and ranks in the top 17% on its street. This offers ample space for gardening, play, or future outdoor amenities.
3. The home was built in 1983. Should I be concerned about major updates?
While the age suggests some components may be original, the data shows this home is actually one of the newer properties on its street (top 2%). This relative newness can mean major structural elements are in good condition, though inspection of roof, windows, and mechanical systems is still advised.
4. How does the finished basement add value?
It increases the usable living space beyond the 1,620 sqft main footprint, providing flexible area for recreation, a home office, or guest space, which is a key functional upgrade.
5. Who would this home not suit?
It may not suit buyers seeking a brand-new build, modern open-concept layouts, or those wanting amenities like a pool. Its appeal is grounded in space, established neighbourhood character, and proven value within its community.