Property Overview & Key Characteristics
This well-situated one-storey home in Pulberry offers a compelling blend of space, location, and value. Its most defining feature is the exceptionally large, over 12,000 sqft lot, placing it in the top 4% of the neighbourhood for land area. This presents a rare opportunity for gardening, expansion, or simply enjoying generous private outdoor space. The home itself, built in 1972, is of a practical size at 1,314 sqft and includes a renovated basement and an attached garage.
The appeal lies in its strong fundamentals within a desirable context. The property ranks in the top 10% of its street and top 20% of the neighbourhood for assessed value, suggesting it is a well-regarded asset in the area. It would suit buyers looking for a solid, single-level home with immense yard potential, whether they are growing families, downsizers seeking single-floor living with room for hobbies, or long-term investors attracted by the premium lot size in a stable community. A thoughtful perspective is that while the home's living area is comfortably above average for the street, the true legacy value may be in the land itself—a large parcel in a mature neighbourhood that is increasingly difficult to find.
Frequently Asked Questions
1. How does the 2016 sale price compare to the current assessed value?
The home sold for $332,500 in July 2016. The current assessed value is $452,000. This increase reflects market changes over eight years and the property's high rankings for both lot size and assessed value within its immediate area.
2. Is the large lot size typical for the area?
No, it is exceptional. The lot is 12,176 sqft, ranking in the top 4% of the entire Pulberry neighbourhood. Most comparable listings in the area sit on significantly smaller parcels.
3. What does the "renovated basement" include?
The provided details confirm the basement is renovated but do not specify the scope. This would be a key question for the listing agent to understand the finish quality, layout, and whether it includes legal secondary suite potential.
4. How does this home compare to others with a similar assessed value?
The home's assessed value of $452,000 is competitive. Similar-valued properties in the data are found across various neighbourhoods, but this home distinguishes itself with its top-tier lot size and above-average living space for its street.
5. The home is 54 years old. What should I consider?
While the basement has been renovated, the core structure and major systems (like roof, plumbing, electrical) are from the 1970s. A thorough inspection is recommended to understand the condition and any upcoming maintenance, which is typical for a home of this vintage. Its newer ranking compared to many neighbourhood homes (top 27%) is a positive indicator.