Property Overview: 34 Noble Avenue, Glenelm
Section 1: Key Characteristics & Appeal
This one-storey home in the established Glenelm neighbourhood presents a practical opportunity. Built in 1925, its key appeal lies in its above-average lot size (nearly 4,000 sqft) for the area, offering valuable outdoor space and potential. While the living area is modest at 936 sqft, the home features a renovated basement, adding functional space. A detached garage provides additional storage or workshop potential.
The property’s assessed value ranks notably above average for both its street and neighbourhood, suggesting it is viewed favorably relative to its immediate peers. This isn't a sprawling modern home, but a grounded property in a mature community. It would suit a first-time buyer or downsizer looking for a manageable footprint without sacrificing yard space, or an investor attracted to a character home in a stable area with a renovated basement suite potential (subject to verification). Its appeal is for those who value location, lot size, and functional updates over sheer square footage.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to others?
The living space is around the neighbourhood average, but the lot size is significantly larger than many nearby properties, which is a distinct advantage.
2. The assessed value seems high for the area. Why?
The assessment ranks in the top 18% for Glenelm. This often reflects factors like the renovated basement, the larger lot, and overall condition compared to other homes of a similar vintage.
3. What is the typical price history for this home?
Based on available data, it last sold in early 2022 for a price range estimated between $34.5k and $37.5k. Exact historical prices can be provided upon request.
4. What are the less obvious considerations with a home from 1925?
While the basement is renovated, the core structure is over 100 years old. Prospective buyers should pay special attention to the foundation, original plumbing, and electrical systems, which may require updates not immediately visible.
5. Who might the nearby "similar assessed value" properties be relevant for?
Those listings are provided as financial comparables based on municipal assessment value. They are useful for understanding how the city values this property for tax purposes, but they may be in different neighbourhoods and not direct lifestyle or market-price comparisons.