Key Characteristics & Buyer Profile
This 1,157 sqft home on Rannock Avenue sits on a 6,295 sqft lot and was built in 1970. Its real strength is in the Westdale neighbourhood context. While the house's size is close to average for both its street and the city overall, it's significantly larger than typical Westdale homes—ranking in the top 19% of the neighbourhood. The land tells a similar story: the lot is smaller than others on the same street, but it's well above average for Westdale and the city as a whole. The assessed value (36.3万) is below the street average but well above the neighbourhood average, reflecting a property that offers more space and lot than what's typical around it.
The appeal lies in the gap between the immediate street and the broader neighbourhood. Buyers here get a home that's modest relative to Rannock Avenue but generous compared to Westdale at large. That dynamic can mean better value for someone who wants the area but doesn't need the largest house on the block. It would suit a buyer who's comfortable with a 1970s build (not especially old or new by city standards) and who values a yard that's more substantial than what most nearby homes offer. Because the house isn't oversized for the street, it also avoids the "biggest house in the neighbourhood" problem that can hurt resale. A less obvious angle: this property may appeal to someone who wants a quieter investment—neither flashy nor struggling, but solidly positioned in a neighbourhood where it's already above average on space, with room to add value over time.
Frequently Asked Questions
1. How does the lot size actually compare to other properties on this street?
The lot (6,295 sqft) is noticeably smaller than the Rannock Avenue average of 9,690 sqft—ranking in the bottom 16% of the street. But across Westdale and the city, it's above average. If you're comparing only within this street, be aware that many neighbours have considerably larger yards.
2. Is the assessed value of 36.3万 a good deal for a home this size?
It depends on your benchmark. The assessment is below the Rannock Avenue average (41万) but above the Westdale average (30.7万). So you're paying more than the typical Westdale home, but for more space. It's priced near the city median, suggesting it's not overvalued for what it offers.
3. How much renovation or updating should I expect from a 1970 build?
1970 is close to the average age for both Westdale (1971) and the city (1966). It won't have the character of an older home, but it's not unusually dated either. Standard 50-year-old items to check: windows, roof, furnace, and any original plumbing or electrical. No surprises, but budget for typical mid-life maintenance.
4. Does the "top 19% in Westdale" ranking for living area really matter for daily use?
Yes, if you compare it to what's typical nearby. Many Westdale homes are under 1,100 sqft. At 1,157 sqft, this is a bit more breathing room—not huge, but enough to feel different from a tight floor plan. For the street, it's average; you won't feel cramped, but you won't have extra space either.
5. How would this property perform in a slower market?
Properties that are strong relative to their immediate neighbourhood but not the most expensive on the street tend to hold value better. This home isn't the biggest or priciest on Rannock, and it's above average for Westdale. That middle-ground position—solid without being stretched—can be more resilient than either the cheapest fixer-upper or the top-end showpiece on the block.