Property Overview
This 1967-built one-storey home in Elmhurst offers a practical and spacious family living environment. Its key appeal lies in the combination of a large, nearly 8,000 sqft lot and a fully finished basement, providing significant room to grow and customize. With over 1,200 sqft of living space above grade, the layout is well-suited for everyday life. The home’s standout characteristic is its exceptional land size, which ranks in the top 10% of its street, offering rare potential for gardening, expansion, or simply ample private outdoor space.
The property suits buyers looking for a solid, no-frills home with excellent lot value in a mature neighborhood. It’s ideal for a handy buyer or one planning gradual updates, as the home presents a classic canvas. A less obvious perspective is its appeal to multi-generational families or those needing a separate living area, thanks to that finished basement. While the build year means systems may need attention, the large lot and finished square footage offer a strong value proposition compared to newer builds on smaller plots.
Frequently Asked Questions
1. What is the true value of the large lot size?
Beyond space for play or pets, a lot of this size in a mature neighborhood is a long-term asset. It provides privacy, room for additions like a shed or deck, and potentially better resale value compared to homes on standard-sized lots.
2. How should I interpret the mixed ranking data?
The home ranks highly for lot size but lower for age. This is common for well-located older homes and indicates you're buying primarily for the land and location, with the house itself likely requiring some updates or maintenance.
3. What does a "fully finished basement" typically mean in a 1967 home?
It likely means a livable space with proper walls, flooring, and ceilings, but finishes and style may be dated. It's crucial to check for moisture issues, insulation, and the quality of the finish work during a viewing.
4. Who is the typical buyer in this neighborhood?
Elmhurst often attracts established families, downsizers from larger homes, and value-focused buyers seeking a quiet, residential setting with larger lot sizes than found in newer subdivisions.
5. Are there any major concerns with a home from this era?
While built solidly, key items to investigate include the age and condition of the roof, windows, plumbing, and electrical systems. The heating system may also be original or nearing the end of its service life.