Key Characteristics & Buyer Profile
This is a 1,549 sqft home built in 1912 on a 2,413 sqft lot in the Wolseley area. Its standout feature is interior space. Within its own street, it ranks in the top 12% for living area, well above the street average of 1,140 sqft. This means the house offers significantly more room than most of its immediate neighbours. At the city level, it still sits above average (top 28%), though the lot itself is notably small—ranking in the bottom 3% citywide at 2,413 sqft.
The property’s assessed value of $385,000 places it in the top 9% on the street and right around the middle for the broader neighbourhood and city. The 1912 build date is typical for Wolseley but old by city standards, meaning original character but likely an older structure.
Where the appeal lies: This property suits buyers who prioritise generous indoor square footage in a central, established neighbourhood and are comfortable with a compact lot. The value proposition is strong on a per-square-foot basis relative to other homes nearby. The small lot can also mean lower outdoor maintenance—a practical advantage for some.
Who it suits: Homeowners who want more living space than a bungalow offers but don’t need a large yard or garden. It would also suit someone looking for a character home in Wolseley who values interior room over outdoor space. The assessed value suggests it may be relatively affordable for its size in this area.
Five Possible FAQs
1. How does the property’s size compare to others on this street?
The house is significantly larger than average. The typical home on Telfer Street has about 1,140 sqft of living space, so at 1,549 sqft, this property offers about 35% more interior space than most of its direct neighbours.
2. Is the small lot a disadvantage?
That depends on your needs. The lot is 2,413 sqft, which is notably smaller than the street average of 3,000 sqft and far below the city average of 6,570 sqft. If you want a large yard for gardening, kids, or pets, this probably isn’t the right fit. However, the smaller lot means less upkeep, which some buyers actively prefer.
3. Is the assessed value of $385,000 a fair price for the area?
The assessment is above the street average ($293,000) but right around the middle for Wolseley ($371,000) and the city ($390,000). It reflects the fact that you’re getting more interior space than most homes on the block, but a smaller lot. It’s likely a reasonable baseline, though final market value depends on condition and upgrades.
4. What should I know about a house built in 1912?
It’s typical for Wolseley but older than about 90% of homes citywide. Original features like high ceilings, solid woodwork, and character are common, but you should also expect potential issues with old wiring, plumbing, insulation, and foundation. A thorough home inspection is strongly recommended.
5. How does this property compare to others in Wolseley overall?
Within Wolseley, the living space is slightly below the neighbourhood average of 1,622 sqft, so it’s not oversized for the area. The lot, however, is well below the neighbourhood average of 3,434 sqft. So you’re getting a typical interior footprint on a smaller-than-typical lot—which often results in a lower overall price point for the neighbourhood.