Property Overview: 39 Temple Bay, Fort Richmond
Key Characteristics & Appeal
This is a well-situated, one-storey home in Fort Richmond built in 1965. Its primary appeal lies in its exceptionally large lot of over 9,600 sq ft, which ranks in the top 10% for the area. This offers significant outdoor space and potential not commonly found in the neighbourhood. The home itself, at 1,163 sq ft with a renovated basement, is of average size for the street and city, presenting a manageable footprint. A detached garage adds utility.
The property suits buyers looking for a solid, no-frills home on a generous piece of land. It’s ideal for those who value private outdoor space for gardening, recreation, or future expansion more than a large interior. First-time buyers or downsizers seeking a single-level layout with a renovated basement for extra living space would find it practical. The assessed value is moderate for the area, suggesting a potentially accessible entry point into the market for a lot of this size. A thoughtful perspective is that while the house is average in many metrics, the land is a standout asset that provides long-term flexibility and value in a way a larger house on a small lot cannot.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a key feature, significantly larger than average. It ranks in the top 9% on its own street and the top 10% in Fort Richmond, offering substantially more outdoor space than most comparable homes.
2. What is the home’s condition and layout?
It is a one-storey (bungalow) style home with a renovated basement. The living area is around the neighbourhood average. The age of the home (1965) means potential buyers should budget for updates to original components, though the basement renovation is a positive start.
3. Who would this property suit best?
It’s well-suited for first-time buyers or downsizers looking for a manageable single-level layout with ample yard space. It also appeals to buyers who see value in the land itself, whether for current outdoor use or future potential.
4. What are the recent sale trends for this home?
Public records indicate a sale in February 2022. For precise historical sold prices, you can request the exact data via email from the listing source.
5. How does its value compare to the area?
The home’s assessed value is around the average for its immediate street but below the average for the wider Fort Richmond area. This, combined with the above-average lot size, can present a value proposition where you are paying more for the land than an above-average house.