Property Overview
This home at 153 Hazelwood Crescent presents a compelling case for value-focused buyers. Its key characteristic is a clear contrast: while the 896 sqft living area is notably below average for the street, neighborhood, and city, its assessed value of $386K is above average for the street and aligns with area norms. Built in 1971, it sits around the middle of the pack in age for the area. The lot size of 5,201 sqft is also comfortably average at every comparison level.
The appeal lies in this efficient footprint. You are acquiring a well-situated property on a standard-sized lot, but paying primarily for location and land rather than extensive interior space. This results in a lower overall price point compared to larger homes in the same location. It would suit first-time buyers, downsizers, or investors seeking a manageable property without sacrificing lot size or neighborhood standing. It’s a practical choice for those who value outdoor space or a lower maintenance interior over square footage.
Frequently Asked Questions
1. Is the below-average living area a concern?
It’s a defining feature, not necessarily a flaw. It means the home is more compact and efficient. This translates to lower utility costs, less upkeep, and a purchase price that reflects the smaller interior, making it an affordable entry into the neighborhood.
2. Why is the assessed value relatively high if the house is smaller?
The assessed value reflects more than just living area. It accounts for the desirable lot size, the established neighborhood (Vista), and the home’s condition and features. Essentially, you are investing significantly in the location and land, with the structure representing a smaller portion of the total value.
3. What does the "around average" year built mean for maintenance?
Built in 1971, this home is right in the middle of the age range for the street. Buyers should anticipate updates and maintenance typical for a home over 50 years old, such as potential roof, window, or mechanical system replacements, which is common for most peers in the area.
4. How does the lot size compare, and what does it offer?
At just over 5,200 sqft, the lot is perfectly average for Hazelwood Crescent. This provides standard suburban outdoor space for gardening, recreation, or additions like a shed or deck, without the burden of an excessively large yard to maintain.
5. Who might this property not suit?
It’s likely not the best fit for growing families needing multiple large bedrooms or dedicated home office spaces, or for buyers who prioritize spacious, open-concept interiors. The value here is in efficiency and location, not abundant internal square footage.