Property Summary: 42 William Marshall Way
Key Characteristics & Appeal
This is a spacious, well-established family home in Ridgedale, offering substantial living space on a large lot. Its key features are a generous 2,752 sqft of finished living area, a fully developed basement, and a significant 13,045 sqft property—a rare find that provides ample room for gardens, play, or expansion. Built in 1993, the two-storey home with an attached garage presents a classic and functional layout.
The appeal lies in its proven space and privacy, ranking in the top tier locally for both lot size and living area. It’s a property for buyers who value established neighborhoods and room to breathe over brand-new construction. It would particularly suit growing or multi-generational families needing multiple living areas, or anyone seeking a long-term home with the potential to customize both indoors and out. A thoughtful perspective is that while the house itself is from the early 90s, the expansive lot offers a legacy value that newer subdivisions rarely match, representing a long-term asset as much as a home.
Frequently Asked Questions
1. How does the age of the home (1993) affect its condition and potential costs?
While well-maintained, a home of this age may be approaching the natural replacement time for original major components like the roof, HVAC system, or windows. A thorough inspection is advised to budget for any upcoming updates.
2. What are the implications of such a large lot?
The 13,045 sqft lot offers exceptional privacy and space for activities, but also entails greater responsibility for maintenance (like lawn care and landscaping) and potentially higher associated costs for things like fencing or irrigation.
3. The home ranks very high for space but lower for newness on its street. What does this mean?
This suggests the home is one of the larger models on a street with a mix of home ages and sizes. It indicates you are getting above-average square footage for the area, but the neighborhood has a settled, mature character rather than a uniform, newly-built feel.
4. What is the benefit of a fully developed basement in a home of this size?
With already substantial above-ground living space, a finished basement adds significant flexible space for recreation, home offices, or guest suites without encroaching on the main family living areas, effectively doubling its functional utility.
5. The assessed value is notably high. Is this a reliable indicator of market value?
Municipal assessments are for tax purposes and can be a general guide, but market value is determined by current sale prices of comparable homes. The high assessment does confirm the property is considered a high-value asset in the city's database, but a market evaluation is essential for pricing.