Key Characteristics & Buyer Profile
At 1,040 square feet of living space on a 6,294-square-foot lot, this 1970 home in Westdale sits right around the average for its street in both size and age. What stands out is the land—well above the neighborhood norm—and a tax assessment ($364,000) that ranks in the top 20% on Cullen Drive and top 17% across Westdale. In a city where the average home is slightly older and smaller on its lot, this property offers a notably generous yard with a home that’s neither dated nor brand-new, but right in a comfortable middle ground.
The appeal here isn’t about being the biggest or flashiest. It’s about having more outdoor space than most nearby homes, in a solid post-war neighbourhood where land is increasingly valued. The assessment suggests the property has held or grown its relative position locally, which can matter for long-term stability.
This would suit buyers who prioritize outdoor space—gardening, kids playing, or room for a workshop or shed—over a maximized interior footprint. It’s also a good fit for someone who wants a home that’s not a fixer-upper but isn’t paying a premium for a full renovation. First-time buyers or downsizers looking for a single-level layout on a large lot in an established area should take note. Investors or those planning for future subdivision potential might also find the lot size worth a closer look, though that depends on zoning and local regulations.
Five Possible FAQs
1. How does the lot size compare to other homes in Westdale?
The lot is 6,294 sqft, which is about 22% larger than the neighborhood average of 5,168 sqft. It ranks in the top 23% for the area. On its own street, it’s closer to the middle (39th percentile), so it’s generous for the community but not unusually large for Cullen Drive.
2. Is the assessed value of $364,000 a good indicator of market price?
Assessments are used for property tax calculations and don’t always match current market value. In this case, the home is assessed above the Westdale average ($307,000) and above the street average ($331,000), but below the citywide average ($390,000). In a strong market, the selling price could be higher or lower depending on condition, upgrades, and buyer demand.
3. What’s the condition of a 1970s home like this?
Without a specific inspection report, it’s hard to say. Homes from this era often have original or updated mechanicals (furnace, roof, windows). The land and layout are the main selling points here—buyers should budget for potential updates to kitchens, bathrooms, or insulation, which are common in homes of this age.
4. Why is the living area (1,040 sqft) below the city average?
The citywide average for comparable homes is 1,342 sqft, so this home is about 22% smaller. That’s partly because it’s in an older, established neighbourhood where homes were built to a more modest standard. For many buyers, the trade-off is a larger lot—something that’s harder to find closer to the city core.
5. How does this property compare to others on Cullen Drive specifically?
On its street, it’s in the top 20% for assessed value and top 39% for lot size and living area. The home is near the median age (1970 vs. 1971 average). So it’s a solid, middle-of-the-pack property on a good street, with above-average land and value compared to immediate neighbours.