Here is a clean, standalone summary of 115 Brock Street, written for direct webpage display.
Key Characteristics & Buyer Profile
This is a 1925-built home with 2,015 square feet of living space on a 5,239-square-foot lot. Its standout feature is strong value relative to size. The house is significantly larger than the citywide average for comparable homes (top 11%) and sits on a lot that is above average for its street. However, its assessed value ($533K) is notably moderate—it ranks in the top 28% on the street but falls well below the neighborhood average of $805K. This suggests the property offers more physical space than its price tag would typically command.
The appeal lies in a trade-off: you get a spacious, older home (top 87% oldest on the street) in a desirable area without paying the premium for a fully modernized or larger-lot property. It is well-suited for buyers who prioritize interior square footage and a central location over a pristine, recently renovated interior or a sprawling yard. The property would also appeal to someone comfortable with the character and maintenance of a pre-war home, or a buyer looking for a value entry point into the Wellington Crescent neighborhood—a pocket where many homes are much more expensive and sit on larger, deeper lots.
Five Possible FAQs
1. Is the assessed value of $533K accurate, or is this property undervalued?
The assessment places this home above average for its street and well above the citywide median. But compared to the broader Wellington Crescent neighborhood average of $805K, it is significantly lower. This gap likely reflects a combination of factors: a smaller-than-average land area for the neighborhood, the home’s older age, and possibly less extensive recent renovations than other homes nearby. It is not necessarily “undervalued,” but it is priced for a buyer willing to take on a project or accept a less updated finish.
2. Why is the land area considered “around average” citywide but “below average” for the neighborhood?
The lot is 5,239 square feet, which is actually slightly above average for Brock Street itself. However, the Wellington Crescent neighborhood is known for large, deep lots averaging 9,488 square feet. So, while the lot is competitive on the street, it is modest compared to the grander properties in the surrounding area. You are getting a comfortable city lot, not a sprawling estate parcel.
3. How does a 1925 build affect day-to-day living and long-term costs?
An older home often means solid construction (masonry, old-growth lumber) but also older systems. You should budget for potential updates to electrical, plumbing, insulation, and windows. The character—like high ceilings, plaster walls, and original trim—is a major draw, but the home will require more ongoing maintenance than a newer build. Buyers should plan for a home inspection that focuses on the foundation, roof age, and mechanicals.
4. How does this home compare to others currently for sale on Brock Street?
Based on the data, this home ranks in the top 12% for living area and top 28% for assessed value on its street. This means it is larger than most of its neighbors, but not the most expensive. For a buyer, this suggests you may be getting more square footage for your dollar than other homes on the same block, though the specific condition of each property would need a direct comparison.
5. Who is this home not a good fit for?
This property is likely a poor fit for buyers seeking a turn-key, fully renovated home with modern finishes and no immediate work required. It would also be a mismatch for someone who needs a very large, private yard or a home that is energy-efficient without upgrades. Finally, buyers who want to be in the “heart” of the Wellington Crescent neighborhood (where lots are much larger) may find this lot size limiting.