Key Characteristics & Buyer Profile
This 1,092 sqft home on Harper Avenue in Windsor Park stands out most for its living space relative to its lot. The house itself is generous for the neighbourhood—ranking in the top 14% on the street and top 36% in the community—but sits on a notably small plot of land (2,774 sqft), which ranks in the bottom 1% locally. The trade-off is reflected in the assessed value: at $255,000, it’s well below the street and neighbourhood averages, making it a more affordable entry point into an area where many properties carry higher tax bases.
The property was built in 1961, which is typical for Windsor Park but slightly older than the citywide average of 1966. Its appeal lies in offering functional interior square footage without the cost or upkeep of a large yard. That makes it especially suited to buyers who prioritize interior space over outdoor land—first-time homeowners, downsizers who want room inside but minimal grounds to maintain, or investors looking for a lower-land-cost asset in an established mid-century neighbourhood.
Five Possible FAQs
1. How does the small lot affect resale or future additions?
The land area is well below the neighbourhood norm. That limits expansion options like adding a garage or extension, but it also keeps the purchase price and property taxes lower. In a neighbourhood of larger lots, this home competes more on affordability than on land value.
2. Is the assessed value likely to stay low?
Not necessarily. The $255,000 assessment is currently below the street average of $343,000, partly because of the small lot. If the home is updated or if neighbouring redevelopment pushes area values up, the assessment could rise over time. It’s worth checking recent sale comparables rather than relying solely on tax assessments.
3. How do the property taxes compare to similar sized homes nearby?
Because the assessed value is significantly below the neighbourhood median, the taxes are lower than most homes on Harper Avenue and in Windsor Park. That could mean annual savings of several hundred dollars versus comparable square footage on a standard lot.
4. What condition would a 1961 home typically be in?
That depends on the owner’s updates. A home from that era likely has original features in some areas—plumbing, electrical, insulation—that may need attention. However, many 1960s bungalows in Windsor Park have been maintained or partially renovated. A home inspection is essential to identify what’s original versus replaced.
5. Who else is buying on this street?
Harper Avenue ranks in the top 9% for older construction (consistent with 1961 builds), and the living area is above average despite smaller lots. That suggests current homeowners value interior space and established character over newer construction or large yards. Buyers here tend to be practical rather than seeking premium finishes or lot size.