Property Overview: 15 Salisbury Crescent, Waverley Heights
Section 1: Key Characteristics & Appeal
This well-situated home at 15 Salisbury Crescent presents a solid, grounded opportunity in the Waverley Heights neighborhood. Built in 1977, its key appeal lies in its established character and very favorable positioning among its immediate peers on Salisbury Crescent. While its 1,190 sqft living space is modest compared to broader averages, the property holds notable strengths: its lot size is above average city-wide, and it is the newest home among the 29 comparable properties on its own street. The assessed value suggests a premium positioning within the immediate neighborhood, indicating perceived value relative to nearby homes.
The property would suit a practical buyer looking for an established, no-surprises community. It’s ideal for someone who values a mature streetscape with larger lot potential over maximizing interior square footage. This isn't a standout "top-tier" city-wide property, but rather a strong contender within its specific local context—perfect for a buyer who prioritizes a stable investment in a settled area over chasing trends in newer subdivisions. The data suggests you're buying into a street where this home is actually one of the more recent builds, which can imply updated infrastructure or less immediate need for major retrofits compared to older neighbors.
Section 2: Frequently Asked Questions
1. Is the living area smaller than average?
Yes, the home's living area is slightly below the average for both the street and the city. However, it is nearly identical to the average for the wider Waverley Heights neighborhood. This indicates the home offers a typical amount of space for this specific community.
2. Why is the assessed value ranked higher than the size rankings?
The assessed value is above the neighborhood average and ranks highly on its street, suggesting factors beyond raw square footage are contributing to its valuation. This can include the desirable lot size, its status as one of the newest homes on the block, interior condition, or specific features not captured in the basic metrics.
3. What does it mean that the home is the "newest" on its street?
With a 1977 build date ranking #1 out of 29 on Salisbury Crescent, this home is the most recently built among its direct peers. This often correlates with advantages like potentially newer wiring, plumbing, or roofing materials compared to immediate neighbors, which can mean fewer major system updates in the near term.
4. How does the lot size compare?
The lot of 6,047 sqft is above average for both the neighborhood and the city, offering more outdoor space than many comparable properties. On its own street, it is close to the average, providing a balanced and consistent streetscape.
5. Is this property a good investment relative to the area?
The data positions this property as a competitively assessed home within a stable, established neighborhood. Its value ranks in the top third locally, and it holds unique advantages (like its relative age on the street) that may not be immediately obvious. It represents a sound investment in a mature market rather than a high-growth prospect.