8 Westfield Drive – Property Summary
Key Characteristics & Buyer Profile
This 1,060 sqft home on Westfield Drive in Westdale was built in 1975 and sits on a 3,725 sqft lot. Its assessed value is $298,000.
Where its appeal lies: The home’s standout feature is its construction year. It ranks first on the street and in the top 3% of the neighbourhood for newer build quality. This suggests it may require less immediate structural or systems updating than many older homes in the area. The living area is above average for the street (top 22%), offering more interior space than most neighbours, though it sits on a relatively smaller lot (bottom 78% on the street). The assessed value is also above average for the street, which could indicate good condition or desirable features relative to direct comparables.
What might not be immediately obvious: While the home is well-positioned on its street, the city-wide picture is more moderate. The living area and assessed value fall near or below citywide averages for comparable homes. This means the value is largely neighbourhood-specific rather than regional. The smaller lot may appeal to buyers who want less yard maintenance, but it also limits potential for future expansions or large outdoor projects.
Who it suits: Buyers looking for a solid, newer-feeling home in a stable neighbourhood like Westdale, with a practical interior size and a manageable yard. It likely appeals to families or downsizers who want a well-built home without the premium of a large lot. Investors might see potential if the assessed value on the street continues to rise relative to the neighbourhood average.
Five Possible FAQs
1. How does the living area compare to other homes in Westdale?
It is slightly above the neighbourhood average of 1,029 sqft. On Westfield Drive specifically, it ranks 4th out of 18 homes. So it offers more interior space than most nearby properties, but it is not oversized compared to the broader city.
2. Is the assessed value of $298,000 a good sign?
Yes, assuming the assessment reflects market conditions fairly. It is above the street average ($274.3k) but below the neighbourhood average ($307.4k), suggesting you may get more square footage for the money than some Westdale homes. City-wide, it is well below the average, which can be a plus for affordable entry in a higher-cost area.
3. Why is the lot size notable, and should it concern me?
The lot is smaller than both the street and neighbourhood averages, ranking in the bottom 22% on Westfield Drive. It is not necessarily a flaw—many buyers prefer lower maintenance—but it may limit additions like a large deck or garage. It could also affect privacy or resale appeal if the buyer values space.
4. What does “Rank #1 out of 18 on the street” for year built actually mean?
It means this home is the newest on Westfield Drive. Built in 1975, it is newer than all other homes on the street, which have an average build year of 1975. This typically means fewer older-home issues like knob-and-tube wiring, lead pipes, or outdated foundation work, but it is still worth a home inspection for 1970s construction standards.
5. How reliable are these rankings and averages for decision-making?
They are useful as a baseline, but not definitive. The averages are “rough median benchmarks” for comparable homes, and rankings can shift with new data (e.g., a renovation or new build). They give a sense of relative position, but a full neighbourhood map analysis (linked on the property page) and an in-person visit will tell you more about actual condition, layout, and how the home feels in context.