47 Hansford Road – Property Summary
Key Characteristics & Buyer Profile
This 1,139 sqft home built in 1970 sits on a 5,249 sqft lot in Windsor Park. What stands out is its above-average assessed value relative to its size. The property ranks in the top 12% of the neighbourhood by assessed value ($393k), while the living area sits closer to the neighbourhood median. That suggests the value isn’t coming from square footage alone — likely reflecting updates, location within the street, or other intangible appeal.
The land area is below average for the area (top 74% on the street, top 84% in the neighbourhood), so yard space is more compact than what many nearby homes offer. The year built (1970) places it in the top 5% of Windsor Park homes, meaning it’s newer than most of the surrounding stock — a real advantage in an older neighbourhood.
Where the appeal lies: You’re getting a home that’s newer than much of the area, with an assessed value that punches above its size. That makes it a strong candidate for someone who values condition and finish over raw space or a large lot. It’s a home that may have been well-maintained or updated, without requiring the premium of a full-sized lot.
Who it suits: Buyers who want a move-in-ready home in Windsor Park without the maintenance of a large property. Also suited to those who prioritize location and quality over land area — investors, downsizers, or first-time buyers looking for an efficient footprint in a solid neighbourhood.
Five Possible FAQs
1. How does this home compare to others on Hansford Road specifically?
It’s one of the smaller lots on the street (ranked 40th out of 54) but compensates with a newer build year (top 20%) and above-average assessed value (top 17%). So while you’re getting less yard, you’re likely getting a better-condition home than many neighbours.
2. Why is the assessed value high for the size?
Assessed value reflects market factors beyond just square footage — condition, updates, location within the block, and recent sales of comparable homes. This property’s value ranking (top 12% in the neighbourhood) suggests it has features that buyers are willing to pay for, even though the floor plan is modest.
3. Is the land size a drawback for resale?
It depends on the buyer pool. Some buyers actively prefer smaller lots for lower maintenance. However, if you’re comparing to the neighbourhood average (6,030 sqft), this lot is noticeably smaller. That could limit appeal to families wanting a big yard but could be a selling point for others.
4. What does “Top 5%” for year built mean in Windsor Park?
In a neighbourhood where most homes were built in the early 1960s, a 1970 build is relatively young. That often means better original construction standards (e.g., modern wiring, insulation), fewer major renovation needs, and less risk of legacy issues like lead pipes or knob-and-tube wiring.
5. Should I expect competition for this property?
The combination of above-average condition (implied by value ranking) and a newer build in an older area tends to attract attention. It won’t appeal to everyone because of the modest yard and living area, but for the right buyer — someone prioritizing quality over quantity — it’s a standout on the street.