Property Overview & Key Characteristics
This well-situated one-storey home in Normand Park offers a practical layout with strong foundational appeal. Its key characteristics include a generous 5,490 sqft lot, an attached garage, and a full, unrenovated basement that presents a clear opportunity for future customization. Built in 1993, the house is notably newer than many in its immediate area, ranking in the top 4% for age on its street, which suggests potentially fewer immediate concerns with aging components compared to older neighbours.
The appeal lies in its balance of space, location, and value. The living area is above average for the neighbourhood, and the property holds its value well, with an assessed value ranking in the top 17% locally. It suits buyers looking for a solid, move-in-ready home on a large lot who also see potential in the unfinished basement—whether for future expansion, a recreation room, or tailored storage. It’s a sensible choice for first-time homeowners or downsizers seeking single-level living without compromising on yard space, in a mature and established community.
Frequently Asked Questions
1. What does the "unrenovated basement" actually mean?
It indicates the basement is in original, functional condition but not updated with modern finishes. It’s a blank canvas with full utility access, ideal for future finishing to your own taste and timeline.
2. How does the age (1993) compare to nearby homes?
This home is relatively newer. On Easy Street, it ranks in the top 96% for year built, meaning it’s among the newest houses on the block, which can be an advantage for major systems like roofing, windows, and plumbing.
3. The lot is large, but how does it rank practically?
At 5,490 sqft, the lot size is in the top 28% on the street. This offers ample outdoor space for gardening, play, or entertaining, and provides a greater sense of privacy than many properties in the area.
4. What is the significance of the assessed value ranking?
The assessed value ranks in the top 17% in the neighbourhood, suggesting the municipality views it as a higher-value property within the area. This can be a stable indicator of its worth relative to nearby homes, though market conditions ultimately determine sale price.
5. Who might this property not suit?
Buyers seeking a completely turn-key home with a finished basement for immediate use may find the project potential a drawback. Additionally, those prioritizing a highly modern or recently renovated interior should be prepared for possible updates.