Property Overview: 34 Naskapi Crescent
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1963, featuring a renovated basement and a detached garage. With 1,102 sqft of living space on a 5,199 sqft lot, its size is practical and manageable. The home’s standout feature is its strong standing within the immediate Kildare-Redonda neighbourhood, where its assessed value ranks in the top 3% of area homes. This suggests it is perceived as a higher-quality asset in a community of mostly similar-era properties.
The appeal lies in its balance of modest scale and above-average valuation for the area, indicating likely updates and care that set it apart from peers. It suits first-time buyers or downsizers looking for a solid, single-level home in an established neighbourhood without an overwhelming yard or footprint. It also appeals to value-focused buyers who recognize that a home ranking highly within its local market can offer stability and potential for sustained equity.
Section 2: Frequently Asked Questions
Q: How does the assessed value compare to recent sale prices?
A: The home was last sold in December 2020 for an estimated range of $32.5k to $35.5k. Its current assessed value of $38.2k is higher, which may reflect market changes or improvements since that sale.
Q: Is the living space typical for the area?
A: Yes and no. The living area is slightly above the direct neighbourhood average, but it ranks in the top 10% for size within the broader Kildare-Redonda community, making it more spacious than many nearby homes.
Q: What does the "top 3% assessed value in the neighbourhood" really mean?
A: It means that out of over 2,100 comparable homes in Kildare-Redonda, only about 55 have a higher assessed value. This often points to better condition, desirable features, or a premium lot compared to most in the area.
Q: Is the lot size a pro or a con?
A: It depends on your priorities. At just over 5,000 sqft, the lot is slightly larger than the citywide average for similar homes but smaller than many on the same street. It offers manageable outdoor maintenance but may not provide as much private space as some other properties on the block.
Q: The home is over 60 years old. What should I consider?
A: While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are from the original era or have been updated over time. A thorough inspection is essential to understand the condition and any potential upcoming investments in these fundamental components.