Property Summary: 22 Mayfield Crescent
Key Characteristics, Appeal & Target Buyer
This 1995-built home in Elmhurst offers a well-maintained, move-in-ready property with a strong sense of established community. Its primary appeal lies in its exceptional relative standing within its immediate area. The home ranks in the top 2% of its street and top 0% of its entire neighborhood for overall size, indicating it is one of the larger, more substantial properties in a sought-after locale. It also ranks very highly for its modern age within the street context. The finished basement adds valuable living space to the 1,372 sqft layout.
The home suits buyers looking for a stable, upper-tier property within a mature neighborhood, who value space and established rankings over a brand-new build. It's ideal for those who appreciate a home that already outperforms nearly all its local comparables in terms of footprint and community stature. The 2017 sale history provides a clear benchmark for market growth. A thoughtful perspective is that this property represents a "best-in-class" option for its specific area, offering a lower-risk entry into a top-performing segment of the Elmhurst market without the premium of a newly constructed home.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in the same category. For example, ranking in the "top 0%" of the neighborhood for size means it is larger than 100% of compared homes in Elmhurst, making it one of the largest properties available there.
2. The home ranks highly for size but lower for assessed value on its street. Why?
This can indicate that the property's official assessed value is conservative relative to its physical scale and the recent sales of similar homes in the wider area. It may suggest potential value not fully reflected in the tax assessment.
3. Is the 2017 sale price relevant today?
Yes, as a benchmark. The increase from the 2017 sale price ($370,000) to the current assessed value ($419,000) provides a track record of appreciation, which is useful context when evaluating the current asking price.
4. Who would this home not suit?
Buyers seeking a very new property (it's 31 years old), those who prioritize a large garage (it has none), or purchasers wanting a project home. This is a settled, updated property in a mature setting.
5. The lot size isn't listed. How can I understand the property's footprint?
While the exact land area isn't provided, the fact that the home ranks in the 99th percentile for age and 98th percentile for size on its street strongly suggests it sits on a lot that is consistent with these above-average rankings for the crescent.