Vaulted ceilings and versatile loft in Cherryhill Estates

Property details for 3930 Durban Lane, Lincoln

Type: Residential
Bedrooms: 3
Bathrooms: 3
Stories: 1.5
Basement: Finished, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Leasehold
Annual Taxes: $5,101

You're a few minutes from the peaceful trails at Ball's Falls Conservation Area (2.6 km), and this Riesling model in Cherryhill Estates puts you close to everything that matters in retirement. Built in 2000s with poured concrete foundation and brick exterior, this 3-bed, 3-bath home has about 1,590 sq ft across three levels. The main floor has high ceilings and new blonde vinyl plank flooring that brightens up the whole space. Primary suite is on the main level with a 5-piece ensuite and walk-in closet, plus there's a second full bath and laundry right there too. Upstairs, the loft is flexible, currently set up as an office and a second bedroom. The basement is fully finished with a rec room, games area, and a den plus another bathroom. Outside, you've got a private deck with gas BBQ hookup and a level yard. Parking's sorted with a 1.5-car attached garage and a two-car driveway. Asking $664,900, which is reasonable given the recent sales in the area look higher, though you're renting the land here (leasehold). It's a quiet street in a 55+ community, so if you want space for guests or hobbies, this one's got room.

About 3930 Durban Lane, Lincoln — Property Score

Great Location Hot Market Well Priced

Score: 70/100

Value

Priced 30% below area median of $949,900 based on 57 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

3 bathrooms - 1 more than similarly priced properties nearby 72

Location

$60K median household income - below the Canadian average of $70K 60

85% of residents hold postsecondary credentials - a highly educated neighbourhood 92

92% homeownership rate - indicating a stable, owner-occupied community 95

72% of residents commute under 30 minutes - excellent commuter accessibility 88

1,243/km² population density - a well-balanced suburban area 82

Market

Just listed - area average is 104 days on market 100

+23.6% median price change over 1 month - rising prices in the area 100

74 months of housing supply - 74 active listings with 1 sold last month (buyer's market) 40

Features

3-car garage - area average is 6.7 spots 80

Finished, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.77% effective tax rate ($5,101/yr) - below the Canadian average of ~1% 77

+2.4% area price change year-over-year - modest growth in Lincoln 62

8% renter population - primarily owner-occupied area 39

Quality

Condition

Listing

48 photos provided - 23% more than the area average of 39 photos 92

5 of 7 key property details provided (71%) - good detail coverage 76

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.