Key Characteristics & Buyer Profile
This is a 1965-built home with 1,228 sq ft of living space on a 5,297 sq ft lot, assessed at $373,000. On its street, it ranks in the top quarter for living area (9th out of 37 homes) and top 20% for assessed value (7th out of 37)—both above the street average. The lot, however, is notably smaller than most on the street (32nd out of 37) and well below the community average for Westwood.
The appeal lies in the value proposition: you get a home that is larger and more highly assessed than its immediate neighbours, within a neighbourhood that is close to city averages in size and value. That suggests the property may offer more interior space relative to its land footprint, and possibly a stronger rental or resale position within the street context. It's not a standout city-wide, but it's solidly in the middle of the pack.
This property would suit buyers who prioritize living space and a good street-level relative value over a large yard. It could appeal to someone looking for a home that has held its assessed value well compared to nearby homes, or someone who sees potential in a slightly smaller lot—perhaps less maintenance, or room for a garage addition. It's less suited to buyers wanting a generous property footprint or a newer build, as the lot is undersized by local standards and the home dates to the mid-1960s.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
At 1,228 sq ft, this home is larger than the average on its street (1,193 sq ft) and ranks in the top quarter. In the broader Westwood community, it's close to average (1,372 sq ft), and city-wide it's essentially in the middle. So it's generous for its immediate surroundings but not oversized by neighbourhood or city standards.
2. The lot seems small. Is that a concern?
Yes, the 5,297 sq ft lot is notably below average for both the street (5,748 sq ft) and the community (6,491 sq ft). It ranks in the bottom 20% on the street and bottom 18% in Westwood. This could mean less yard maintenance and a more compact footprint, but it may also limit future expansion or redevelopment potential compared to neighbours.
3. What does the assessed value tell me about the home's condition or market position?
The $373,000 assessment is above the street average ($356,000) and close to the Westwood and city averages. This suggests the home is valued comparably to others in the broader area, but stands out on its street—meaning it may be better maintained, larger, or more updated than immediate neighbours. It's not an indicator of condition per se, but of relative assessment strength.
4. How old is the house, and is that a concern for a buyer?
Built in 1965, it's slightly older than average on its street (1966) and in line with the community and city. A 1960s build means systems (roof, furnace, windows, plumbing) may be original or nearing end-of-life, but also that the home is from a well-established era of construction. A buyer should budget for inspections and potential updates, but the age is not unusual for Westwood.
5. What's the best argument for buying this home based on the data?
The strongest case is street-level value: you're getting above-average living space and assessed value relative to your immediate neighbours, on a lot that's smaller but not drastically so. That can mean a better price-to-space ratio than other homes on the block, and potentially stronger appreciation if the street's overall values rise. The trade-off is a less spacious yard, but for someone who doesn't need a large outdoor area, that's a win.