Property Overview: 160 Camirant Crescent, Island Lakes
Key Characteristics & Buyer Appeal
This single-storey home on a quiet crescent in Island Lakes is a study in contrasts, offering a practical, updated living space within a well-established neighbourhood. Built in 1995, its key characteristic is a recently renovated basement, adding valuable finished square footage to the 1,402 sqft main floor. The home features an attached garage and sits on a 5,023 sqft lot.
Its primary appeal lies in its value proposition and move-in readiness. The renovated basement suggests a modernized interior without the immediate need for major projects. While the living space and lot size are modest compared to some immediate neighbours, this translates to less maintenance and potentially a more efficient layout. The assessed value is notably below average for the street and neighbourhood, which could indicate an attractive entry point into the sought-after Island Lakes area.
This property would suit first-time buyers or downsizers seeking a manageable, single-level home in a mature community with amenities. It’s also a pragmatic choice for value-focused buyers who prioritize updated essentials over having the largest home on the block, and who appreciate the potential in a home that ranks well city-wide for its age and assessed value.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. A lower assessment compared to neighbours can sometimes reflect the home’s more modest size or a previous sale price. It may present an opportunity, but it’s essential to have a home inspection and review recent comparable sales to understand the current market value.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of finishes, whether permits were obtained, and the basement’s intended use (e.g., additional bedrooms, living space, or suite potential).
3. How does the lot size impact the property?
At approximately 5,000 sqft, the yard is smaller than many in Island Lakes. This means less outdoor maintenance, but also less private space for gardening or recreation. It’s a trade-off that appeals to those seeking a lower-maintenance lifestyle.
4. The home last sold in 2016. What should I consider?
A nine-year ownership period suggests the sellers have likely lived in and maintained the property. It’s reasonable to ask what systems (like roof, HVAC, windows) have been updated during their tenure and why they are now selling.
5. As a one-storey home, is it suitable for aging in place?
The single-level layout is inherently more accessible. For long-term planning, buyers should assess the specific layout (e.g., doorway widths, bathroom configurations) to determine if it meets their needs or could be easily adapted.