Property Overview
This 1974-built home at 291 Greenwood Avenue in Meadowood presents a compelling mix of established neighbourhood character and tangible value. Its key appeal lies not in being the largest or newest home, but in offering a well-proportioned package with standout land size. With 1,077 sqft of living space, the house itself is functionally sized and ranks around the middle compared to neighbours and the wider city. However, the 6,298 sqft lot is a significant asset, placing it in the top 18% within Meadowood and the top 8% on its own street. This generous outdoor space offers clear potential for gardening, expansion, or simply enjoying more privacy than is typical.
The assessed value of $410,000 is notably above average for both the street and the Meadowood area, suggesting the property is viewed as a premium offering in its immediate context. Its modern build year (1974) relative to many area homes means it may benefit from more contemporary construction standards while still being part of an established, mature streetscape. This property would suit practical buyers who value a larger lot over a maximized floor plan, first-time buyers looking for a manageable home with room to grow outdoors, or investors seeking a property in a stable neighbourhood where the land itself represents a substantial portion of the asset's value.
Frequently Asked Questions
How does the lot size compare to nearby properties?
The lot is a key feature. At 6,298 sqft, it is significantly larger than the average lot on Greenwood Avenue (4,805 sqft) and in the Meadowood area (5,554 sqft), offering more private outdoor space than most comparable homes.
Is the assessed value in line with recent sale prices?
The current assessed value is $410,000. The home last sold in 2021 for an estimated $300,000–$350,000, indicating a considerable increase in its assessed value over the last few years.
What does the "above average" year built ranking mean?
Built in 1974, the home is newer than many on its street, where the average build year is 1950. This suggests it may have fewer issues associated with very aged infrastructure compared to some neighbours, while still being part of a mature neighbourhood.
Is the living space smaller than average?
At 1,077 sqft, the living area is moderately sized. It is slightly below the average for the street but is very close to the average for the broader Meadowood area (1,114 sqft), indicating it's a typical footprint for this community.
How can I find out the exact historical sale prices?
The listed sale prices are estimated ranges from public data. You can request the precise sale history by emailing via the provided link on the property page; the service is manual but provided without marketing spam.