Property Overview: 62 Bloomer Crescent
This spacious two-storey home in Varsity View offers a well-established family lifestyle on a large, private lot. Built in 1997, its key appeal lies in the combination of generous indoor and outdoor space, a rarity in many newer subdivisions. The nearly 2,350 sqft of finished living area ranks in the top tier for size locally, complemented by a fully finished basement and an in-ground pool. The property consistently ranks highly against its peers, particularly for its lot size, living area, and assessed value, indicating a solid and desirable asset within the community.
It’s ideally suited for a growing or multi-generational family seeking room to spread out and entertain, with the pool serving as a private summer retreat. The data suggests it would also appeal to value-conscious buyers looking for a home with above-average metrics and proven appreciation, having increased significantly in assessed value since its 2019 sale. A less obvious angle is its potential for buyers who prioritize a mature, established neighbourhood character over a brand-new build, appreciating the settled landscaping and the fact that major components are not at the very start of their lifecycle.
Frequently Asked Questions
1. How does the pool impact utility costs and maintenance?
An in-ground pool adds to seasonal utility use for pumping and heating, and requires regular opening/closing, cleaning, and chemical maintenance. It's a desirable feature but comes with predictable annual costs and time investment.
2. The home is nearly 30 years old. What should I budget for updates or repairs?
While the home ranks well for its age locally, key systems like the roof, HVAC, and windows are approaching or within the range where inspection or replacement should be considered. A thorough inspection is advised to prioritize any major capital expenditures.
3. The lot is very large. What are the implications?
The over 9,400 sqft lot provides excellent privacy, space for the pool, and room for gardens or play. It also means higher municipal taxes relative to smaller lots and more yard work or landscaping costs unless low-maintenance designs are in place.
4. The assessed value has risen notably since 2019. Does this mean the asking price will be much higher?
While the current assessment is a strong market indicator, the final sale price is determined by current market conditions. The 2019 price provides a historical baseline, but the assessment suggests the area and property have seen substantial value growth.
5. The rankings show the home is newer than only 10% of houses on its street. What does this mean?
This indicates Bloomer Crescent is an established street with mostly older homes. This can be positive, suggesting a stable, mature streetscape with larger lots, but it also means immediate neighbours' homes may have a wider range of conditions and renovation states.