Here is a summary of the property at 1410 Roy Avenue, presented in two sections.
Property Overview & Buyer Suitability
Key Characteristics: This is a 700 sqft home built in 1946, sitting on a notably generous 4,223 sqft lot. The assessed value is $176,000. The data reveals a clear trade-off: the house itself is small compared to citywide averages (ranking in the bottom 4% for living area), and its assessed value is low relative to the city as a whole. However, where it stands out is the land. The lot ranks in the top 32% on its street and the top 19% in the Weston neighborhood, offering significantly more outdoor space than most nearby properties.
Appeal & Buyer Type: The primary appeal isn't the interior footprint; it’s the opportunity the land presents. A buyer who sees the home as a base and the yard as a major asset will appreciate this. It would suit someone looking for a solid, older home in an established neighborhood where the selling point is elbow room and outdoor potential—gardening, parking, a workshop, or future expansion space—rather than square footage. It’s a practical, no-frills property for someone prioritizing land value and a lower purchase price over a large, modern interior.
Based on the data, this is less suited for buyers seeking a turnkey, spacious house or a premium “citywide” value. It’s a better fit for someone comfortable with a modestly sized home who wants to leverage the lot's potential in the Weston area.
Five Possible FAQs
1. How does this home’s size compare to others in the area?
The house itself is smaller than average. Among homes in Weston, it ranks near the bottom for living area. However, its lot is a different story—it’s above average for the neighborhood. In short, you get a compact house with a sizeable yard compared to your immediate neighbours.
2. Is the assessed value of $176,000 considered low?
It’s around average for its street and neighborhood, but very low compared to the citywide average of $390,100. This suggests the property is relatively affordable within the local context, but reflects the smaller home size and the older construction.
3. What shape is a 1946 home typically in?
The year of construction alone doesn’t tell you the condition. This property is older than the citywide average for comparable homes (which is 1966), but it's newer than the average home in its neighborhood (which is 1937). A home from 1946 could have original features or major updates. A thorough inspection is essential to check for things like foundation condition, electrical, plumbing, and insulation.
4. How large is the lot, exactly, and why does it matter?
The land area is 4,223 sqft. That’s about 14% larger than the average lot on its street and 29% larger than the average in Weston. A bigger lot offers more space for outdoor living, storage, gardening, or in some cases, possibilities for future additions or secondary suites—though you’d need to check local zoning regulations.
5. How does this property rank within the Weston neighborhood?
It’s a mixed bag. The land size ranks within the top 20% of the neighborhood, which is a strong feature. The year built is also above average here. However, for living area, it ranks in the bottom 22% of Weston, meaning it is one of the smaller homes in the area.