72 Forrester Avenue

Property Overview & Appeal

This 2020-built home at 72 Forrester Avenue in Meadowood is a modern, low-maintenance property positioned within a neighbourhood of older homes. Its primary appeal lies in its contemporary construction and efficient use of space. At 1,393 sqft, the living area is notably spacious for both its immediate street and the Meadowood area, ranking in the top tier locally. This suggests a well-designed layout that maximizes interior space on its modest 1,841 sqft lot.

The home is ideally suited for first-time buyers, downsizers, or professionals seeking a modern, move-in-ready property without the upkeep demands of an older house. Its newer age (top 1-3% across all comparisons) means likely fewer immediate repair concerns and modern building standards. A thoughtful perspective is that this property offers a "best on the block" quality in terms of age and interior size for the street, but with a smaller, more manageable yard—a trade-off that will appeal to those prioritizing indoor living space over extensive outdoor maintenance.

Frequently Asked Questions

1. How does the smaller lot size impact the property?
While the lot is smaller than the city and even area averages, it is actually above average for Forrester Avenue itself. This translates to less yard maintenance but also limited private outdoor space. It reflects a modern, efficient land use model.

2. What does the assessed value indicate?
The assessed value of $36,200 is elite for the street but average for the wider area and city. This can signal that the property is a higher-quality asset on its specific block, but it's valued consistently with the broader market for tax purposes. It is not a direct indicator of current market selling price.

3. Are there any known sold prices for this home?
Public data indicates the home sold in the CA$250k–$300k range in 2020. For the exact historical sold price, you can request the information via email from the listing service.

4. What are the benefits of a 2020 build?
A home built in 2020 will typically feature contemporary building codes, energy efficiency standards, and modern materials. Buyers can anticipate newer major systems (like HVAC, wiring, and plumbing), which can reduce the risk and cost of near-term major replacements.

5. How does this home compare to others nearby?
The home is newer than almost all comparable properties in Meadowood, where the average home was built in 1978. Its living space is also larger than most in the area. However, lots in Meadowood are generally larger, so this property offers a different balance of modern interior space versus land.