Property Overview
This 1989 bi-level home at 63 Bayridge Avenue in Fort Richmond presents a practical and efficient living option. With 960 sqft of living space and a renovated basement, it sits on a 4,503 sqft lot. The home lacks a garage or pool. Its most recent recorded sale was in May 2021, and its current assessed value is $37,300.
Key Characteristics & Appeal
This property’s appeal is rooted in its balance of relative modernity and manageable scale. Built in 1989, it is notably newer than most homes in Fort Richmond and on its own street, which can mean fewer concerns about aging major systems. The renovated basement adds functional living space. While the house itself is compact, the lot size is generous for the immediate area, offering valuable outdoor space.
It would suit first-time buyers or downsizers seeking an entry point into a well-established neighbourhood without the maintenance demands of an older home. The efficient size makes it manageable and cost-effective to heat and maintain. A thoughtful perspective is that its "around average" metrics for value and size on its own street suggest it fits comfortably within its micro-market, potentially offering stability rather than standing out as an outlier.
Frequently Asked Questions
1. How does the living space compare to the area?
At 960 sqft, the living area is slightly below the average for the broader Fort Richmond area but is quite typical for Bayridge Avenue itself, where comparable homes average about 1,066 sqft.
2. What is the significance of the Year Built ranking?
Built in 1989, this home is in the top 5% of homes on its street by age (newer is better) and the top 2% for the entire Fort Richmond neighbourhood. This indicates it is a relatively modern structure in a community of mostly older homes.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value of $37,300 is for municipal tax purposes. Market value is determined by current buyer demand. The home last sold in May 2021 for an estimated range of $33,500-$36,500.
4. What are the implications of the lot size?
The 4,503 sqft lot is above average for Bayridge Avenue but below the much larger average lot size for all of Fort Richmond. This means you likely have more yard space than your immediate neighbours, but less than some properties in other parts of the neighbourhood.
5. Where can I find the exact historical sold price?
The exact sold price is not publicly displayed in detail here. You can request it by email via the provided button on the original listing page; the service promises to provide the accurate figure manually without using your email for unsolicited marketing.