528 Sprague Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1920-built home with 1,536 square feet of living space on a 3,935-square-foot lot in the Wolseley neighbourhood. What stands out is the living area: it’s larger than the average on its street (top 24%) and above the citywide average as well, while the lot size is modest compared to city norms but generous within Wolseley (top 18%). The assessed value sits near average both locally and citywide, suggesting the price aligns closely with the surrounding market rather than carrying a premium.
The appeal here is subtle. It’s not the newest or most expensive home on the block—in fact, it’s one of the oldest on Sprague Street—but the interior space is competitive, and the lot is bigger than what most nearby homes offer. That combination tends to attract buyers who value room to spread out indoors without wanting a sprawling yard to maintain. The build date (1920) means character details and solid construction are likely, but also potential upkeep considerations.
This property would suit someone looking for a home with above-average square footage in an established central neighbourhood, who is comfortable with an older house and doesn’t need a large lot. It’s less suited to buyers who prioritize a newer build, a bigger yard, or a low-maintenance exterior.
Possible FAQs
1. How does the living space compare to similar homes in Wolseley?
It’s slightly below the Wolseley average of 1,622 square feet (ranking 53rd percentile), but above the citywide and street averages. So you’re getting more space than most homes on this block, while being fairly typical for the broader neighbourhood.
2. Is the assessed value high relative to other homes on the street?
No, it’s slightly below the street average of $367,000 and below the city average of $390,000. The assessment lines up closely with what similar properties in the area are valued at, which can be reassuring for tax predictability.
3. What should I know about a home built in 1920?
It’s older than most homes on Sprague Street and newer than the Wolseley average. Older homes often have plaster walls, hardwood floors, and original trim, but may need updates to insulation, wiring, plumbing, or windows. A pre-purchase inspection is worth prioritizing.
4. Is the lot size an issue for a garden or addition?
The lot is bigger than most in Wolseley (top 18%), so there’s decent outdoor space for gardening or a patio. But it’s smaller than the citywide average, so if you’re planning a large extension, check zoning and setback rules first.
5. How does this property compare to newer homes in the city?
Newer homes tend to have larger lots citywide and higher assessed values. This property offers more interior space than many newer builds, but with a smaller yard and older construction. It’s a trade-off between character and modern convenience.