Property Summary: 75 Hammond Road
This home offers a compelling mix of standout value and established character. While its living area is slightly above the street and neighborhood averages, the property’s real strength lies in its lot size and assessed valuation.
Key Characteristics & Appeal:
The lot is a clear asset. At 6,142 square feet, it ranks in the top 24% on the street and top 28% citywide. This gives you more outdoor space than most comparable homes in the area. The assessed value is also notably high, ranking in the top 4% on Hammond Road and top 5% in the Westdale neighborhood, which reflects strong underlying land or structural value.
The home itself, built in 1967, is older than many of its immediate neighbors—ranking in the bottom third on the street. This is an honest trade-off. The living area (1,126 sq ft) is comfortable but not oversized, ranking around the citywide average.
Who It Suits:
This property is a natural fit for a buyer who prioritizes land over a newly built interior. It suits someone looking for a solid, older home in a well-ranked neighborhood (Westdale sits in the top 27% citywide for living area), with the potential to renovate or expand on a sizable lot. It would be less suitable for someone seeking a move-in-ready, modern footprint.
Five Possible FAQs
1. How does the lot size compare to other homes in Westdale?
The lot is above average for both the street and the neighborhood. It ranks in the top 24% on Hammond Road and top 26% in Westdale, meaning most nearby homes sit on smaller parcels.
2. Why is the assessed value so high relative to the home’s age?
High assessed value often reflects the land’s worth rather than the structure alone. In this case, the lot is generous and the location is desirable, which drives the assessment up despite the home being from 1967.
3. Is the living area considered small for this area?
Not exactly. At 1,126 sq ft, it is slightly above the street average (1,050 sq ft) and neighborhood average (1,029 sq ft). However, it is below the citywide average for comparable homes. It’s a modest, functional layout for a household that doesn’t need excessive square footage.
4. What does the “below average” ranking for year built mean practically?
It means the home is older than most others on Hammond Road and in Westdale. This can be an advantage if you’re looking for a more established structure with mature landscaping, but it also implies potential maintenance or updating needs compared to newer builds.
5. Is the property fairly priced relative to the street?
Based on the assessment data, the home’s value ranks in the top 4% on the street, while the average assessment on Hammond Road is $337,100. This suggests the property carries a premium, likely due to the lot and location, so you are paying for land value more than the house itself.