Property Overview
This one-and-a-half storey home on Woodlands Crescent in Kirkfield presents a compelling blend of space, location, and value. Its key appeal lies in offering significantly more living area than most comparable homes in the immediate area, paired with a renovated basement, all on a standard-sized lot.
Key Characteristics & Ideal Buyer
The home’s standout feature is its generous 1,684 sqft of living space, which ranks in the top 8% for size on its own street and the top 23% within the Kirkfield neighbourhood. This is complemented by a renovated basement and a detached garage. Built in 1950, it is older than many area homes, but this is reflected in its assessed value, which remains competitive and above average for the local street. The lot size is typical for the area.
Its appeal is rooted in offering more interior space for your dollar in a well-established neighbourhood. This property would suit a buyer looking for a home with ample room to grow into, without the premium lot size or newer construction date that often commands a higher price. It’s a practical choice for those who prioritize functional, updated living space over a newer build or extensive yard, and who appreciate the character and maturity of the Kirkfield area.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
While built in 1950 (older than many area homes), the home’s above-average assessed value for the street suggests it has been maintained or improved. The renovated basement is one such update. Buyers should still prioritize a thorough inspection common for homes of this era.
2. The living area is large, but the lot is average. What does this mean?
This indicates the home’s footprint efficiently utilizes the property. It’s ideal for buyers who value indoor space over extensive outdoor maintenance or landscaping potential. You’re getting a larger house on a standard city lot.
3. The assessed value seems low compared to the city-wide average. Why?
The city-wide average includes many newer neighbourhoods and different housing types. The assessed value is most meaningful when compared locally: it ranks in the top 12% on its own street and top 30% in Kirkfield, indicating it is valued highly within its immediate market context.
4. What can the 2017 sale price range tell me?
The historical sale price provides a benchmark for past market value. Given the time elapsed and the renovated basement, current value will be influenced by broader market trends and the specific updates made to the property since then.
5. Who are the most likely neighbours or competing buyers?
Given the profile—larger living space in an older home—it would attract growing families, value-driven professionals, or downsizers from larger homes who still want spacious rooms, all who are drawn to the established Kirkfield neighbourhood.