14 Westfield Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1,020 sqft home built in 1975, on a 3,611 sqft lot, with an assessed value of $276,000. Its strongest feature is the build year. On the street and in the Westdale neighbourhood, it ranks among the newest homes (top 6% and top 3%, respectively). City-wide, it sits comfortably in the top 40% for newer construction.
The living area is typical for the street and neighbourhood but noticeably below the citywide average. The lot is on the smaller side, especially compared to other homes on Westfield Drive. The assessed value sits close to the street average and below the neighbourhood and city medians, which may reflect the smaller land area and living space.
Appeal: The property is likely well-maintained for its age, with the advantage of being newer than most surrounding homes. It offers a manageable footprint and a lower-than-average assessed value, which could mean relatively lower property taxes. It is not a move-in-ready showpiece, but it avoids the maintenance headaches of an older home.
Who it suits: First-time buyers, downsizers, or anyone looking for a solid, no-fuss home in a good neighbourhood without paying a premium for size or land. Also suits buyers who value a newer structure over a large yard. Less suited to anyone who wants a big lot, a sprawling floor plan, or a home that stands out on pure square footage alone.
Possible FAQs
1. How does the land area affect the property's value?
The lot is small for the street and well below the city average. This keeps the assessed value down and reduces outdoor maintenance, but it also limits expansion potential and yard privacy. It’s a trade-off typical of newer infill lots.
2. Is the assessed value a good deal compared to similar homes?
Yes, relative to the neighbourhood and city. The home is assessed at $276k, while the neighbourhood average is $307k. This is partly because of the smaller lot and living area, but it means the tax burden is lower. It doesn't necessarily mean the home is underpriced—it just reflects a different balance of features.
3. How does being built in 1975 affect maintenance?
A 1975 build is now about 50 years old. Major systems (roof, furnace, windows) may have been replaced or may be due soon. The advantage is that the home is newer than many in Westdale, which often have 1950s or 1960s construction. That can mean better insulation, more modern electrical, and fewer structural surprises.
4. Is the home too small for a family?
At 1,020 sqft, it's close to the neighbourhood average. It works well for one or two people, or a small family if the layout is efficient. It won't offer a dedicated home office plus a guest room plus a playroom. If space is a priority, it’s worth seeing in person to judge the layout.
5. Would this home appreciate in value over time?
Likely, but in line with the neighbourhood rather than outpacing it. Newer construction in an older area can hold its value well, but the small lot and modest living area cap upside. It's more of a stable, practical choice than a high-growth investment play.