Residential site features

Overview of residential site features

While there are five key factors that influence your assessed property value, there are a number of additional site features may also impact your property value, but to a lesser extent.

Site features, such as those detailed below, describe specific details about the property, such as whether there is a railway or a sports field nearby, or what the area's traffic patterns are.

Site features

Some features of your property could affect its value. These include:

abutment and proximity variables
access variables
condominium attributes
driveway and parking
hydro services
on-site variables
sanitary services
topography
water services
waterfront variables

Abutment and proximity variables

"Abutment" means that one property touches another property or site characteristic, while "proximity" means they are near each other. In the illustration below, properties marked "A" are abutting the subject property, while the properties diagonally or directly across marked "P" are in proximity to it.

Properties that abut your property or are in proximity to it will have different effects on the its value. This list includes the following designations:

airport
cemetery
commercial
educational institution
farm
golf course
green space or park
hydro corridor (voltage lines)
industrial operation
institutions; hospital, prison, etc.
landfill site (garbage dump)
marina
mass transit (subway or bus stop)
multi-residential
place of worship (church, mosque, temple, etc.)
public dock or boat ramp
public walkway
railway (active)
ravine
sports field, playground or fairground
super mailbox
traffic patterns; light to extremely heavy
trailer park, camp or mobile home park
transformer station
utility box
biogas plant (anaerobic digester)

Access variables

island
no access; landlocked, no road, water or right-of-way
private road access only; not publicly maintained
right-of-way access only
summer or seasonal access only; publicly, but only seasonally maintained
water access only
year-round road access

Condominium attributes

floor level
number of extra oversize storage lockers
number of extra parking spaces
number of extra standard storage lockers

Driveway and parking

licensed or on-street parking
mutual or shared driveway
no parking allowed or available
rear laneway
separate or private driveway
unspecified/not applicable
driveway or parking not yet specified

Hydro services

none
yes; includes solar, water or wind.

Sanitary services

holding tank
municipal
none
septic bed
unspecified service

Topography

Predominantly steep slope

Slope is between 30 feet to 44 feet per 100 feet of horizontal distance.
May require a stairway to navigate.

Cliff

Slope equal to or greater than 45 feet per 100 feet of horizontal distance.
Stairway or equivalent is essential.

Low and wet

Below grade level and subject to water conditions.
Landfill required to bring up to building standards.

Water services

lake or river
municipal
none available
private well
shared well
unspecified service

Waterfront variables

beach
deeded access to community beach or park
indirect waterfront with no ownership
indirect waterfront with ownership
indirect waterfront with right-of-way access
permanent docking
predominant exposure; east, north, south, west
predominant shoreline quality
retaining wall or gabion cages
road divides lot behind structure
second tier, year-round residence
shoreline erosion
single-owner island
subdivided island
waterfront with channel or canal
waterfront with lake
waterfront with river or other natural watercourse
waterfront with swamp or marsh