Property Overview
This one-storey home at 39 Grimston Road in Fort Richmond is a well-positioned property with a renovated basement and an attached garage. Built in 1975, its 1,370 sqft of living space sits on a substantial 6,768 sqft lot. The data suggests a home that has been maintained to a standard above many of its peers, particularly in its assessed value, which ranks consistently higher than averages for the street, neighborhood, and city.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance of space, location, and evident upkeep. The renovated basement adds functional living area, while the above-average lot size offers valuable outdoor space and potential in a mature neighborhood. Its assessed value ranking in the top 15-27% across comparison groups indicates it is viewed as a higher-quality asset relative to comparable homes, which is a strong point for value-conscious buyers.
It would suit a buyer looking for a move-in ready, single-level living option in a established area like Fort Richmond. It’s particularly suited for those who prioritize a larger yard over a massive footprint, and who appreciate a home that stands out in terms of perceived value and condition within its immediate context. A less obvious point of appeal is its age ranking on Grimston Road itself (top 5%), suggesting it is among the newer homes on the street, which can sometimes correlate with updates to original systems.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often different from market value. However, its consistently high ranking suggests the property is in better condition or has more desirable features than many comparable homes, which can positively influence market price.
2. What does the "renovated basement" include?
The listing notes a renovated basement but does not specify the scope. It’s important to clarify the finish quality, whether it includes a proper egress, and if any permits were obtained for the work.
3. Is the lot size a major advantage?
Yes. At 6,768 sqft, the lot is above the city-wide average. This provides more private outdoor space than many newer properties and could allow for future additions like a shed, garden, or deck, subject to local bylaws.
4. The home sold relatively recently in 2022. What does that mean?
The 2022 sale indicates the current owners have held the property for a short period. It’s worthwhile to understand their reason for selling, as rapid turnover can sometimes signal an issue, or simply a change in circumstance.
5. How does the living area compare to nearby homes?
At 1,370 sqft, the living area is very close to the average for both the street and Fort Richmond. This means the home offers standard interior space for the area, with its advantages coming from the lot size, basement renovation, and assessed value rather than an unusually large main footprint.