2-Bed Ranch with Finished Basement in Essex

Property details for 103 Kimball Drive, Essex

Type: Residential
Style: Ranch
Bedrooms: 2
Bathrooms: 2
Lot Size: 32 X 150FT
Stories: 1
Parking: Garage
Heating: Forced air, Natural gas, Furnace
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold

You'll find this 2015-built ranch on a 32x150 lot in a quiet Essex neighbourhood. The main floor has one bedroom, a 4pc bath, and a great room that opens to the kitchen. Hardwood and ceramic tile run through the main living spaces. Downstairs, there's a second bedroom, another full bath, and a big recreation room with a family room setup. The basement also has laundry and utility rooms, so everything's laid out practically. Central air and forced air gas heating keep things comfortable. You've got a concrete driveway and a garage, plus brick exterior that'll need minimal upkeep. The appliances stay, including washer, dryer, fridge, stove, and dishwasher. Location-wise, you're 0.5 km from Essex Memorial Arena and about a 5-minute drive to Tim Hortons. The $50 monthly HOA covers roof and eave troughs, which is a nice peace-of-mind perk. At $549,999, this sits below the nearby median of $697,450, and homes here sell in about 27 days on average. Recent sales around $387,400 show there's room to grow equity. It's a solid choice for someone wanting single-storey living without the maintenance headaches.

About 103 Kimball Drive, Essex — Property Score

Prime Location

Score: 59/100

Value

Priced 50.7% above area median of $365,000 based on 25 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

2 bedrooms - 1 fewer than similarly priced 3-bedroom homes nearby 48

2 bathrooms - typical for similarly priced properties 60

4,800 sqft lot - a standard lot for the area 65

Location

$73K median household income - near the Canadian average of $70K 67

82% of residents hold postsecondary credentials - a highly educated neighbourhood 89

96% homeownership rate - indicating a stable, owner-occupied community 97

80% of residents commute under 30 minutes - excellent commuter accessibility 94

2,006/km² population density - a well-balanced suburban area 90

Market

Just listed - area average is 51 days on market 100

-10.6% median price change over 1 month - declining prices in the area 1

61 months of housing supply - 61 active listings with 1 sold last month (buyer's market) 40

Features

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 2015 (11 years old) - well within modern building standards, newer than the area average (1988) 70

No premium extras like pool, waterfront, or view 50

Investment

+27% area price change year-over-year - strong appreciation in Essex 100

7% renter population - primarily owner-occupied area 38

Quality

Condition

Listing

42 photos provided - 31% more than the area average of 32 photos 92

4 of 7 key property details provided (57%) - some key property details missing 67

* 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.