Property Overview & Key Characteristics
This well-situated Riverbend home, built in 2002, presents a practical and comfortable living proposition. Its key appeal lies in a balance of modern convenience and established neighbourhood charm. The home features a renovated basement and an attached garage on a generous 4,309 sqft lot. With 1,438 sqft of living space, it offers ample room for daily life.
The property’s strength is its solid positioning within a desirable context. It ranks in the top third of its immediate street for lot size and, notably, in the top 8% for its newer year of construction, meaning it is one of the most modern homes on the block. This combination of a newer build on a larger-than-average street lot is a less obvious but significant advantage, suggesting lower immediate maintenance concerns paired with good outdoor space.
It would suit buyers looking for a move-in ready home in a mature neighbourhood without the unpredictability of an older property. It’s ideal for small families or professionals who value the quiet, established streets of Riverbend but want the infrastructure and layout efficiencies of a 21st-century build. The renovated basement adds valuable flexible space for recreation, a home office, or guest accommodation.
Frequently Asked Questions
1. How does this home compare to others in Riverbend?
Based on available data, this home is newer than approximately 73% of properties in the wider Riverbend area. Its assessed value is also higher than about 74% of neighbourhood homes, indicating it is considered a above-average offering in terms of modern build and condition.
2. What does the "renovated basement" typically include?
While specific finishes are not listed, a renovated basement in a home of this age and value typically means a finished, livable space that may include areas such as a recreation room, additional bedrooms, or a bathroom. It is a key feature that adds functional square footage beyond the main living area.
3. Is the price fair given its last sale price in 2019?
The home sold for $38,800 in 2019 and now has an assessed value of $45,100. This increase reflects broader market trends and the value added by the basement renovation. A direct comparison requires current market analysis, but the assessed value suggests a significant appreciation, which is common for updated, newer homes in stable neighbourhoods.
4. Who might this property not be ideal for?
Buyers seeking a very large interior footprint or extensive, high-end custom finishes might find more suitable options elsewhere. Similarly, those prioritizing a brand-new construction or a home with a swimming pool should look elsewhere, as this is a comfortable, updated home in an established setting.
5. How does the lot size benefit me?
At 4,309 sqft, the lot is larger than half the properties on the same street. This provides more private outdoor space for gardening, play, or entertaining compared to many neighbouring homes, a valuable asset in a mature neighbourhood where lot sizes can vary significantly.