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153 Dufferin St. Comparable Market Analysis Hamilton

153 Dufferin Street Hamilton, L8J 3N8

Saturday, July 24, 2021

Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.

Sold Listings Address 153 Dufferin Street 124 BOND Street N 191 PARADISE Road N 187 BOND Street N 109 Glen Road 154 PARKVIEW Drive 14 NORWOOD Road 22 KENMORE Road 125 LONGWOOD Road N 90 KIPLING Road

Price

$647,000 $670,000 $710,000 $751,700 $760,000 $799,000 $815,000 $880,000 $1,150,800 $798,167

Averages:

3 3 3 4 4 2 6 4 3 3.6

2 2 1 2 1 2 2 2 1 1.7

SqFt 1200 1,150 685 700 1,194 1,410 917 1,488 1,326 1,160 1,114

$/SqFt 690.83 $562.61 $978.10 $1,014.29 $629.56 $539.01 $871.32 $547.72 $663.65 $992.07 $755.37

Sale Date

04/30/2021 05/24/2021 05/18/2021 07/05/2021 05/21/2021 07/17/2021 05/10/2021 07/12/2021 05/25/2021

Low

Median

Average

High

Count

Comparable Price

$647,000

$760,000

$798,167

$1,150,800

Adjusted Comparable Price

$707,000

$812,500

$851,222

$1,223,300

On Average, the 'Sold' status comparable listings sold in 8 days for $798,167

Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8 Saturday, July 24, 2021

CMA Price Adjustments This page outlines the subject property versus comparables properties.

Subject Property 153 Dufferin Street H4112211 MLS® # Hamilton City Residential Prop Type Freehold Sub Type Sale Trans Type Status Hamilton Region Hamilton West (11) Munic/Area Nbrhd/Sub-Area Westdale North (112) 6 Beds 2.0 Baths Total 10 # Rooms Full Basement 07/15/2021 List Date $829,000 List Price Sale Date Sale Price Parking Spaces 4 0spaces / None Garage less than .50 Acres/Range Sqft Total/Rng 1,200 42 Lot Frontage Year Built/Age - / 51-99 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / Central Air Bungalow Style/Type

Price Total Adjustments Adjusted Price

Details

Adjust

Details

Adjust

124 BOND Street N H4103893 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 3 60,000 2.0 8 Full - Fully Finished - Separate Entrance 04/14/2021 $649,000 04/30/2021 $647,000 2 0 spaces / None

191 PARADISE Road N H4106696 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 3 2.0 6 Full - Fully Finished 05/12/2021 $629,000 05/24/2021 $670,000 1 0 spaces / None

1,150 37 - / 51-99 Years $4,743 / 2020

685 32 1935 / 51-99 Years $3,995 / 2020

Gas Forced Air

Bungalow

$647,000 $60,000 $707,000 Researched and prepared by Michael Heddle

60,000

$670,000 $60,000 $730,000 Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8 Saturday, July 24, 2021

CMA Price Adjustments This page outlines the subject property versus comparables properties.

Price Total Adjustments Adjusted Price

Details

187 BOND Street N H4106605 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 3 1.1 7 Full - Fully Finished 05/11/2021 $599,900 05/18/2021 $710,000 4 1 spaces / Detached

Adjust

Details

Adjust

109 Glen Road H4110681 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 60,000 4 12,500 2.0 9 Full - Fully Finished 06/25/2021 $649,900 07/05/2021 $751,700 4 1 spaces / Detached

700 36 1941 / 51-99 Years $4,434 / 2021

1,194 50 - / 51-99 Years $5,294 / 2021

Gas Forced Air

Bungalow

$710,000 $72,500 $782,500 Researched and prepared by Michael Heddle

40,000

$751,700 $40,000 $791,700 Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8 Saturday, July 24, 2021

CMA Price Adjustments This page outlines the subject property versus comparables properties.

Price Total Adjustments Adjusted Price

Details

154 PARKVIEW Drive H4106885 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 4 1.1 6 Full - Unfinished 05/13/2021 $749,900 05/21/2021 $760,000 0 0 spaces / None

Adjust

Details

Adjust

14 NORWOOD Road H4112042 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 40,000 2 12,500 2.0 6 Full - Fully Finished 07/14/2021 $799,900 07/17/2021 $799,000 2 1 spaces / Built-In

1,410 28 - / 51-99 Years $4,457 / 2020

917 40 - / 51-99 Years $5,270 / 2021

Gas Forced Air

1 1/2 Storey

Bungalow

$760,000 $52,500 $812,500 Researched and prepared by Michael Heddle

80,000

$799,000 $80,000 $879,000 Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8 Saturday, July 24, 2021

CMA Price Adjustments This page outlines the subject property versus comparables properties.

Price Total Adjustments Adjusted Price

Details

Adjust

Details

Adjust

22 KENMORE Road H4105831 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 6 2.0 13 Full - Fully Finished 05/04/2021 $699,000 05/10/2021 $815,000 1 0 spaces / None

125 LONGWOOD Road N H4111239 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 4 2.0 9 Full - Fully Finished 07/06/2021 $799,000 07/12/2021 $880,000 2 0 spaces / None

1,488 39 - / 51-99 Years $4,668 / 2020

1,326 34 1945 / 51-99 Years $4,689 / 2021

Gas Forced Air

1 1/2 Storey

$815,000 $0 $815,000 Researched and prepared by Michael Heddle

40,000

$880,000 $40,000 $920,000 Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8 Saturday, July 24, 2021

CMA Price Adjustments This page outlines the subject property versus comparables properties.

Price Total Adjustments Adjusted Price

Details

90 KIPLING Road H4107272 Hamilton Residential Freehold Sale Sold Hamilton Hamilton West (11) Westdale North (112) 3 1.1 8 Full - Fully Finished 05/18/2021 $839,900 05/25/2021 $1,150,800 2 0 spaces / None

Adjust

60,000 12,500

1,160 23 1943 / 51-99 Years $4,921 / 2021 Gas Forced Air 1 1/2 Storey

$1,150,800 $72,500 $1,223,300 Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8

Saturday, July 24, 2021

Minimums and Maximums This page summarizes key fields of the listings in this analysis.

The listings in this analysis can be summarized as follows: Listing Price between $599,900 and $839,900 Sale Price between $647,000 and $1,150,800 685 to 1,488 Square Feet $469.76 to $918.25 per Square Foot $539.01 to $1,014.29 per Sold Square Foot

Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, Ontario

Saturday, July 24, 2021

Number of Days On Market This chart illustrates the level of excitement and interest in a new listing over time. It also demonstrates the importance of pricing correctly. When a property is first listed, it generates a very high level of interest from prospective buyers, which reduces dramatically over time. It is important to be priced correctly from the beginning, during the peak of this curve.

Days On Market 16

Days On Market

14 12 10 8

D OM

6 4 2

5 06

6 41 H

2 41 H

9 41 H

2 41 H

1 41 H

5 60 H

06 41 H

MLS® #

Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, Ontario

Saturday, July 24, 2021

CMA Map Layout This page displays the Map for the CMA Subject and your comparables . 153 Dufferin Street, Hamilton 1 2 3 4 5 6 7 8 9

Researched and prepared by Michael Heddle

124 BOND Street N, Hamilton 187 BOND Street N, Hamilton 109 Glen Road, Hamilton 22 KENMORE Road, Hamilton 90 KIPLING Road, Hamilton 125 LONGWOOD Road N, Hamilton 14 NORWOOD Road, Hamilton 191 PARADISE Road N, Hamilton 154 PARKVIEW Drive, Hamilton

Royal LePage State Realty

153 Dufferin Street Hamilton, Ontario

Saturday, July 24, 2021

List Price and Sale Price This graph illustrates the list price, along with the sale price in Sold listings.

Price Graph 1200K 1000K

Price

800K List Price

600K

Sale Price

400K 200K

5 06

6 41 H

2 41 H

9 41 H

2 41 H

1 41 H

5 60 06

41 H

MLS® #

Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8

Saturday, July 24, 2021

Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis. Status: Sold MLS® # H4106605

Sale Date

Address

05/18/2021

187 BOND Street N

Prop Sub Type Freehold

SP/LP

SqFt

Bds

Bth

L Price

S Price

700

1.1

$599,900

$710,000

118.4

7 12

DOM

H4106696

05/24/2021

191 PARADISE Road N

Freehold

685

2.0

$629,000

$670,000

106.5

H4103893

04/30/2021

124 BOND Street N

Freehold

1,150

2.0

$649,000

$647,000

99.7

H4110681

07/05/2021

109 Glen Road

Freehold

1,194

2.0

$649,900

$751,700

115.7

H4105831

05/10/2021

22 KENMORE Road

Freehold

1,488

2.0

$699,000

$815,000

116.6

H4106885

05/21/2021

154 PARKVIEW Drive

Freehold

1,410

1.1

$749,900

$760,000

101.3

H4111239

07/12/2021

125 LONGWOOD Road N

Freehold

1,326

2.0

$799,000

$880,000

110.1

H4112042

07/17/2021

14 NORWOOD Road

Freehold

917

2.0

$799,900

$799,000

99.9

3 7 8

H4107272

05/25/2021

90 KIPLING Road

Freehold

Averages:

1,160

1.1

$839,900

$1,150,800

137.0

1,114

3.6

1.7

$712,833

$798,167

111.7

Summary Status

Total

Avg Price

Avg $ Per SqFt

Median

Low

High

Avg DOM

Sold

$798,167

$755.37

$760,000

$647,000

$1,150,800

Total

$798,167

$755.37

$760,000

$647,000

$1,150,800

Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, L8J 3N8

Saturday, July 24, 2021

Pricing Recommendation General Facts About Pricing... There are certain factors that are within our control and some factors beyond our control when it comes to setting the price. Those factors within our control are: the appearance of the property, how aggressively we market the property and the price. Factors outside our control are: location of property, size and local amenities. It's important to accept those factors that are beyond our control and focus on the pricing and preparation. A property priced at market value will attract more buyers than a home priced above market value. Consider that a competitively priced property will also attract a greater number of potential buyers and increase your opportunity for a quick sale.

Market Statistics... Sell Price Per Sq. Ft. Statistics

Sell Price Statistics $851,200

Average Price/Sq Ft:

$810

High Price: $1,223,300

High Price/Sq Ft:

$1,118

Median Price:

$812,500

Median Price/Sq Ft:

$694

Low Price:

$707,000

Low Price/Sq Ft:

$548

Average Price:

Figures are based on selling price after adjustments, and rounded to the nearest $100

Summary... After analyzing your property, comparable properties on the market now, recent sales and comparable properties that failed to sell, I conclude that in the current market, your property is most likely to sell for .

Researched and prepared by Michael Heddle

Royal LePage State Realty

153 Dufferin Street Hamilton, Ontario

Saturday, July 24, 2021

Market Analysis Explanation This is an explanation and overview of this market analysis.

This Comparative Market Analysis will help to determine the correct selling price of your home. Ultimately, the correct selling price is the highest possible price the market will bear. This market analysis is divided into three categories: 1. Comparable homes that are currently for sale 2. Comparable homes that were recently sold 3. Comparable homes that failed to sell Looking at similar homes that are currently offered for sale , we can assess the alternatives that a serious buyer has from which to choose. We can also be sure that we are not under pricing your home. Looking at similar homes that were sold in the past few months, we can see a clear picture of how the market has valued homes that are comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers. Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers. This Comparative Market Analysis has been carefully prepared for you , analyzing homes similar to yours. The aim of this market analysis is to achieve the maximum selling price for your home, while being able to sell your home within a relatively short period of time.

Researched and prepared by Michael Heddle

Royal LePage State Realty

APPENDIX A: MPAC Assessment vs. Market Sale Price

APPENDIX A - MPAC Assessment vs. Market Sale Price Status Subject Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 153 Dufferin St. 124 Bond St. N 191 Paradise Rd. N 187 Bond St. N 109 Glen Rd. 154 Parkview Dr. 14 Norwood Rd. 22 Kenmore Rd. 125 Longwood Rd. N 90 Kipling

MPAC $ $ $ $ $ $ $ $ $ $

Sale Price 439,000 399,000 336,000 373,000 438,000 375,000 436,000 418,000 388,000 414,000

$ 647,000 $ 670,000 $ 710,000 $ 751,700 $ 760,000 $ 799,000 $ 815,000 $ 880,000 $ 1,150,800 AVERAGE

% Difference 62.16% 99.40% 90.35% 71.62% 102.67% 83.26% 94.98% 126.80% 177.97% 101.02%

Based on an analysis of the average MPAC assessment value versus the market sale price of comparable properties, the estimated "market" value of the subject property is: Average $ 882,490 Range $ 889,707 to NOTE: * denotes properties included in the "Direct Comparison Approach".

995,670

However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.

APPENDIX B: Cost Approach to Value

APPENDIX B - COST APPROACH TO VALUE Land Value: 42.00 Front Ft @ Actual Age: Effective Age:

8500

$ 357,000.00

68 years 10 years

Improvements: Building Basement Garage Landscaping

1200 Sq. ft. 1200 *Sq. ft.

@ @ @

Cost New Depreciation @ 7% $ 240,000.00 $ 16,000.00 $ 96,000.00 $ 6,400.00 $ $ $ 100,000.00 $ 6,666.67 Total Current Value of All Improvements Indicated Value by the Cost Approach Value Rounded to $200 $80 $0

Current Value $ 224,000.00 $ 89,600.00 $ $ 93,333.33 $ 406,933.33

$ 406,933.33 $ 763,933.33 $ 765,000.00

* estimate square footage The cost approach value has a minimal value in terms of deriving market value since the Land Value is a difficult value to derive based on comparable available market values in the area. Thus, this method of deriving value is only presented for the purpose of an alternative analytical tool used inorder to provide "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not an accuarate representation of "market" value and the "Direct Comparison Approach to Value" illustrates a more accurate representation of value. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.

APPENDIX C: Sale Price vs. Market Change

APPENDIX C - Sale Price vs. Market Change

Monthly

Average Sale Value Median Sale Value

$ $

Nov-11 302,463.00 321,000.00

$ $

690,756.00 702,500.00

% Change 128.38% 118.85%

Annual

Average Sale Value Median Sale Value

$ $

YTD 2011 291,695.00 295,316.00

$ $

YTD 2021 684,820.00 704,400.00

% Change 134.77% 138.52%

Subject Property 153 Dufferin

Sale Price 315,000.00

Monthly Annual

Jun-21

Adjusted Value (vs. Average) Adjusted Value (vs. Median) Adjusted Value (vs. Average) Adjusted Value (vs. Median)

$ $ $ $

719,387.63 689,369.16 739,533.76 751,351.10

Based on an analysis of the average sale price in the acqusition year versus the market change, the estimated "market" value of the subject property is: Value Added $150,000 ROI 80% Market Adjustment $ 844,910 Estimate of value (Range): $ 809,369 to $ 871,351 However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is typically not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". Thus, the relative significance of this method of deriving value is extremely low. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.

APPENDIX D: MPAC Enhanced Report

GeoWarehouse AVM Enhanced Residential Report Property Address

153 DUFFERIN ST

Municipality

HAMILTON CITY

Real Time Market Value (AVM)

$ 864,000

Valuation Date (yyyymmdd)

20210721

Lower Confidence Limit

$ 796,000

Upper Confidence Limit

$ 902,000

Confidence Rating (H=High, M=Medium, L=Low)

Property Type

301 - Single-family detached (not on water)

Year Built

1953

Total Area (Above Grade) (sq ft)

1080

Basement Finished Area (sq ft)

250

Number of Bedrooms

Number of Full Bathrooms

Number of Half Bathrooms

Frontage (ft)

Depth (ft)

100

Site Area

4356 F

Generated on 07/24/2021

Copyright © All rights reserved Municipal Property Assessment Corporation. Not to be reproduced by any means or distributed in any manner, in whole or in part, without prior written permission. Page 1 of 1

APPENDIX E: Geowarehouse Enhanced Report

Client Report Generated on 2021

This report was prepared by:

153 DUFFERIN ST HAMILTON PIN 174660123

MICHAEL HEDDLE

SALES REPRESENTATIVE mikeheddle@royallepage.ca www.mikeheddle.ca

ROYAL LEPAGE STATE REALTY Office: (905)574-7441 Fax: (905)662-2227

GeoWarehouse is a product of Teranet Real Estate Information Solutions

153 DUFFERIN ST, HAMILTON | PIN 174660123

Property Details GeoWarehouse Address:

153 DUFFERIN ST HAMILTON L8S3N8 PIN:

174660123

Land Registry Office:

HAMILTON WENTWORTH (62)

Land Registry Status:

Active

Registration Type:

Certified (Land Titles)

Ownership Type:

Freehold

Report Generated On Jul 24, 2021 by MICHAEL HEDDLE (78672)

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Lot Size Area:

4219.45 sq.ft

Perimeter:

282.15 ft

Measurements:

100.29ft x 42.09ft x 100.26ft x 42.08ft Lot Measurement Accuracy : LOW These lot boundaries may have been adjusted to fit within the overall parcel fabric and should only be considered to be estimates.

Assessment Information ARN 251801006103420

Phased-In Value

Assessed Value

$439,000

2021 Tax Year

Based on Jan 1, 2016

Frontage: Depth:

42.0 ft 100.0 ft

Description:

Single-family detached (not on water)

Property Code:

301

Sales History Sale Date

Sale Amount Type

Jan 27, 2012

$315,000

Transfer

Oct 07, 2008

Transfer

Dec 15, 1995

$160,000

Transfer

Notes

Report Generated On Jul 24, 2021 by MICHAEL HEDDLE (78672)

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Demographics

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153 DUFFERIN ST, HAMILTON | PIN 174660123

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153 DUFFERIN ST, HAMILTON | PIN 174660123

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Dominant Market Group

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153 DUFFERIN ST, HAMILTON | PIN 174660123

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Dominant Market Group

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Comparable Sales

Comparable Sales Search Results Address

Date

Sales Amount

Lot Size

($)

(sq.ft)

$/ sq.ft

Distance

(m)

793 KING ST W, HAMILTON, L8S1K2

Feb 18, 2021

480,000

4,240.00

113

230

174670067

135 GLEN RD, HAMILTON, L8S3M8

Apr 01, 2021

733,000

3,304.00

222

140

174680019

33 LONGWOOD RD N, HAMILTON, L8S3V2

Apr 01, 2021

755,000

3,498.00

216

142

174660155

60 LONGWOOD RD N, HAMILTON, L8S3V4

Apr 06, 2021

766,000

3,272.00

234

182

174690146

Sales Statistics Maximum:

$766,000

Minimum:

$480,000

Average:

$683,500

Median:

$755,000

*Standard Deviation: The smaller the number, the more similar are the sales results in the area. The larger the number, the more widely spread the sales results are in the area.

Report Generated On Jul 24, 2021 by MICHAEL HEDDLE (78672)

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Area Heat Maps Average Sales Heat Maps - Last 1 Year Block

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Growth Rate Heat Maps - Last 5 Years Block

Market Turnover Heat Maps - Last 1 Year Block

Report Generated On Jul 24, 2021 by MICHAEL HEDDLE (78672)

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Historical Market Trends Average Sale Values and Growth Rates

Market Turnover Rates

Report Generated On Jul 24, 2021 by MICHAEL HEDDLE (78672)

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153 DUFFERIN ST, HAMILTON | PIN 174660123

Market Statistics Area Map Average Sales Price - Last 1 Year

$562,908

$553,908 Municipality

Block

Growth Rate - Last 5 Years

Market Turnover - Last 1 Year

5 Year Analysis Stable Value - With average property values 21.2% higher than the municipal average and properties turning over 20.8% less, property owners are comfortable setting roots in the community.

Report Generated On Jul 24, 2021 by MICHAEL HEDDLE (78672)

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