155 Little John Rd - Comparable Market Analysis

Comparable Market Analysis

155 Little John Road, Dundas, ON

Dear Zec & Leslie,

In response to your request for an evaluation, as a practicing real estate salesperson I am establishing Market Value for Listing purposes

Value is established, for the property at 155 Little John Road. as of this dated letter.

Date: July 25, 2023 Market Value: $1,050,000 (+/- 3%)

There are limiting conditions and assumptions connected with this evaluation done by the herein sales representative:

- It is assumed any MLS® data used is reliable and correct

- The client will not circulate or expose information provided herein without prior approval of the writer

- Any update expected must be requested in writing

- If the herein sales representative is required in a court of law, in relation to this evaluation, the court cost will be $350 per hour.

Please find enclosed some general information about the process of selling real estate. If you have any other questions about preparing your home to ensure that you get the top price the market will bring in, please feel free to contact me. I look forward to helping you with all of your real estate needs and ensuring that you get the best price and terms on the sale of your property!

Sincerely,

Mike Heddle, Hon. B. Comm. Broker

Heddle Real Estate | Team Leader

Royal LePage State Realty, Brokerage

P. (905) 574-7441

F. (905) 662-2227

www.LiveInHamilton.ca

Subject Property: 155 Little John Road, Dundas, L9H 4H2 July 25, 2023

Brief Summary of Comparable Properties

A brief summary of the subject and comparable properties in this market analysis

Price Adjustments

The subject property vs comparable properties.

Subject Property: 155 Little John Road, Dundas, L9H 4H2 July 25,

155 Little John Road

Price Adjustments

The subject property vs comparable properties.

Subject Property: 155 Little John Road, Dundas, L9H 4H2 July 25,

155 Little John Road

Price Adjustments

The subject property vs comparable properties.

Subject Property: 155 Little John Road, Dundas, L9H 4H2 July

155 Little John Road

JEROME PARK Drive

SKYLINE Drive

prepared by Michael Heddle Royal LePage State Realty

Price Adjustments

The subject property vs comparable properties.

Subject Property: 155 Little John Road, Dundas, L9H 4H2 July 25, 2023

155 Little John Road

Road

Client Full CMA Report UnderContract

Hot Water Heater

Michael Heddle

Client Full CMA Report

Listing Brokerage: Royal LePage State Realty

Client

UnderContract

Fantastic opportunity to own a home backing onto treed greenspace of Delottinville Park in desirable Governors neighbourhood. 4 bedrooms, 3 1/2 baths, finished basement and large fenced yard close to parks and schools make this an ideal family home. Private backyard. Carpet free. High-speed internet. Gas hookup available for stove, dryer, and BBQ. The walkout basement has large windows to enjoy green views, pot lights, gas fireplace, den and 3pxc bath. Main floor has a large living room with fireplace, separate dining room and dinette with walk out to a deck with glass-panel railing. Kitchen has a breakfast bar counter. Large primary bedroom has a large walk-in closet with custom built-in organizers. Over 3000 sq ft of finished living space. Close to Dundas Valley Golf and Curling Club Steps to Dundas Valley Conservation Area and Bruce Trail . Come and see all that this home and area have to offer

This

Researched and prepared by

CARBONMONOX,CENTRALVAC,DISHWASHER,DRYER,GDO,MICRO WAVE,RANGEHOOD,REFRIGERATOR,SMOKEDETECTOR,STOVE,W ASHER,WINDCOVR;

. All

is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

Michael Heddle

Client Full CMA Report

Listing Brokerage: Royal LePage Realty Plus Oakville, Brokerage

Client Remarks:

UnderContract

Fabulous location in Highland park, in sought after Dundas. Quiet neighbourhood is just steps away from the Dundas Valley Conservation area . Grand foyer entrance with Scarlett O'Hara staircase is only the start. The large eat-in kitchen with granite countertops and large family room with fireplace both have sliding door walk outs onto a sprawling back deck perfect for entertaining! This home has 4 generous sized bedrooms, the Primary has a walk-in closet with an ensuites. Basement features a large workshop and an oversized cold cellar. Shingles replaced in 2016. Both Catholic and Public Elementary Schools within walking distance as well as Dundas Valley High School . Rm sizes approx.

102 ROBINHOOD Drive , Dundas, Ontario L9H 4G4

MLS® #: H4169544

Region : Hamilton Property Type: Residential Sub Type: Freehold

Muicipality : Dundas (41)

Neighbourhoo d: Pleasant Valley (414)

Transaction: Sale

L Price: $1,150,000

S Price: $1,210,000

Ownrshp Type:

Age: 51-99 Years Sq Ft: 1,579 Fronting On: West

Style: Bungalow/Ranch - Raised

TURN

Michael Heddle

LL 12ft. 1in.

Hot Water Heater

Inclusions:

ALL LIGHT FIXTURES, ALL WINDOW COVERINGS, FRIDGE, STOVE, DISHWASHER, WASHER, DRYER GARAGE DOOR OPENER

This raised ranch bungalow is an absolute gem with 3+1 bedrooms, 3 baths and an abundance of extra space for any growing family! Situated in the highly sought after “Sherwood Forest” side of Pleasant Valley on a quiet winding street full of unique mid -century modern homes. From the welcoming curb appeal to the open concept living and dining space with original hardwood flooring, this home presents as a bright, spacious and comfortable family home. The kitchen enjoys a generous amount of maple cabinets, an island for food prep and seating, and black appliances. A vaulted ceiling family room provides additional space and features entry to the back deck that overlooks well-kept gardens. An ample sized primary bedroom features a 3-piece ensuite, a second bedroom includes a built-in double bed with chest of drawers, and a third bedroom and 4-piece bath completes the upper level. The abundance of space continues into the lower level with a sizable rec room featuring a brick fireplace, a roomy fourth bedroom, 2 office spaces, a 3-piece bath, laundry and utility rooms, walk up to the back yard, and inside access to the garage. Don’t miss this move-in ready family home!

Michael Heddle

Researched and prepared by This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

Listing Brokerage: Royal LePage State Realty

Client Remarks:

This home is so much larger than it appears! Boasting over 2,300 sq/ft above grade! This quintessential Dundas home sits on a 45ft x 110ft lot. Features a huge 2 storey addition, 4 large bedrooms, 2 full bathrooms, 2 gas fireplaces, main floor office /den, traditional living/dining area & oversized main floor family room, single attached garage & long concrete driveway. Property will require updates but has so much potential to make this your forever home. Tucked away on a mature tree lined street close to Hill Side Park and access to the Rail Trail . Only a short distance from McMaster University/Hospital, University Plaza or quaint downtown Dundas.

Researched and prepared by

This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

Hot Water Heater

Michael Heddle

FRIDGE IN KITCHEN AND BASEMENT, STOVE, HOODFAN, DISHWASHER, WASHER, DRYER, ELFs, FURNACE, , CENTRAL AIR, GAZEBO, ELECTRIC GARAGE OPENER AND HANDHELD OPENER, ALL WINDOW COVERINGS, ALL CURTAIN

, BBQ

Michael Heddle

Client Full CMA Report

Listing Brokerage: Royal LePage State Realty

UnderContract

Surrounded by natural beauty & a strong sense of community 43 Jerome Park Drive offers a spacious layout /3 bedrooms, 2.5 baths, The MFFR provides a cozy space for relaxation & the spacious eat-in kitchen is perfect for family meals. Generous Principal rooms are great for entertaining. The walkouts to the stunning back garden allow for easy access to the outdoor space. Breathtaking perennials, vibrant ground covers, a beautiful garden pond & private Gazebo all create a picturesque oasis for relaxation & entertainment. The finished Bsmt offers endless possibilities / potential for a 4th bedroom & a convenient 3-piece rough-in. Nature enthusiasts will appreciate the proximity to the Spring Creek Conservation trail connecting to Trails throughout the Escarpment. Schools, Recreation and Shopping are close by. Mac is a 10 min drive or for those who need to commute to Toronto , the Aldershot Go/Via train station is approx a 16-minute drive. This Home is ready for the next Fortunate Family! HOT WATER TANK RENTAL WITH RELIANCE $20.61 MTH

Michael Heddle

Listing Brokerage: Right At Home Realty

Client Remarks:

Beautiful three-plus one- bedroom bungalow on the Ravine side of Skyline Drive in the Pleasant Valley Neighborhood of Dundas . This well-kept home backs onto the Hamilton to Brantford Rail Trail and Spring Creek Trail , accessible from your own backyard! Enjoy views of the Escarpment in the fall and winter months and the peace and tranquillity of your own private oasis when the trees fill with leaves in the spring and summer. This home boasts hardwood floors throughout the main level, a bright living room, kitchen with a breakfast bar that opens to a nice-sized dining room. Well-appointed bedrooms and nicely updated baths. Upgraded windows throughout. The lower level has an additional bedroom, office and very large recreation room with a gas fireplace. (walls are faux finish painted, not wallpapered). The North and East sides of the home were professionally waterproofed in 2015 from the outside, the lower level is always dry. The railway tie retaining wall is at the end of its life. ( Use your own discretion and caution if you decide to walk down the stairs and ravine to the fence). This home has an irregularly shaped lot. Owner supplied Sq. Footage.

Researched and prepared by

Air

Michael Heddle

Client Full CMA Report

Listing Brokerage: RE/MAX Escarpment Realty Inc.

Client Remarks:

UnderContract

Breathtaking Million Dollar View ! Rarely offered and perched on top of this secluded area of Dundas is this walkout Bungalow with a fantastic view of the Escarpment. This great family home has so much with 2+1 beds, 2 kitchens, fully finished basement with a cozy gas fireplace and bar and a large bright solarium to watch the seasons change in your forever home! Furnace and A /C 2022 and is a rental but sellers will pay out.

Researched and prepared by

Michael Heddle

This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2023.

Minimums and Maximums

A summary of key property attributes in this analysis .

Listing Price between $899,900 and $1,399,000

Selling Price between $929,900 and $1,210,000

3-4 Beds

2-3 Baths

0-1 Half Bath

1,124 to 2,522 Square Feet

$0.97 to $1.05 per Sold Square Foot Year Built between 1955 and 1987

Days On Market

The number of days each property has been listed on the market.

Property Locations

A map showing the subject and comparable properties

Subject Property: 155 Little John Road, Dundas, L9H 4H2 July 25, 2023

List Price, Sale Price, and Days on Market

List price, and sale price of sold listings, with the number of days each property has been listed on the market.

Pricing Recommendation

Setting the right price is critical to a successful sale.

General Facts About Pricing

There are many things we can do to help ensure the successful sale of your home--such as sprucing up its appearance and marketing it aggressively--but the single most important thing is choosing the right price.

The best, most reliable way of choosing the right list price for your home is by comparing it to similar properties in the neighborhood. How much are comparable properties currently listed for? How much did comparable properties recently sell for? How are these properties different than yours ? Are prices rising or falling? These questions will guide us to the best possible list price for your home: a price that is as high as possible but low enough to generate interest and lead to a quick sale.

Market Statistics

Prices are adjusted for property differences, rounded to the nearest $100.

After comparing your property to similar properties that are on the market now, that recently sold, and that failed to sell, my analysis suggests a realistic list price for your property of:

Market Analysis Explanation

An explanation and overview of this market analysis.

This Comparative Market Analysis will help determine the correct list price of your home . Ultimately, the correct list price is the highest possible price the market will bear.

This market analysis is divided into three categories: Comparable homes that are currently for sale 1 2 Comparable homes that were recently sold 3 Comparable homes that failed to sell

Looking at similar homes currently for sale, we can assess the alternatives available to a serious buyer. We can also be sure we are not underpricing your home.

Looking at similar homes sold in the past few months, we can see a clear picture of how the market has valued homes 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 by analyzing homes similar to yours . The aim of this market analysis is to achieve the highest sale price for your home in a reasonably short period of time.

APPENDIX A: MPAC Assessment vs. Market Sale Price

APPENDIX A - MPAC Assessment vs. Market Sale Price

NOTE: * denotes properties included in the "Direct Comparison Approach".

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

*

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: Market Adjustment

1 Select a subarea and property type combination from the dropdown

Please note: HPI Benchmark property type-subarea combinations are available only for those subareas with enough sales

2 Choose the previous sale date

3 Input the previous selling price and hit Enter

Based on HPI trends for 2 Storey SF homes in Pleasant Valley and a previous selling price of $612,500 in August 2016, the estimated price in June 2023 would be $1,252,400

Note: Areas with insufficient sales are not included in the HPI Source: REALTORS® Association of Hamilton-Burlington

APPENDIX E: Geowarehouse Report

Copyright © 2002-2023 Teranet Inc. and its suppliers. All rights reserved.

This report was prepared by:

MICHAEL HEDDLE

SALES REPRESENTATIVE

mikeheddle@royallepage.ca

www.mikeheddle.ca

ROYAL LEPAGE STATE REALTY

Office: (905)574-7441

Fax: (905)662-2227

© 2023 Teranet

Property Details

GeoWarehouse Address:

155 LITTLE JOHN RD DUNDAS

L9H4H2

PIN:

Land Registry Office:

Land Registry Status:

Registration Type:

Ownership Type:

174540346

HAMILTON WENTWORTH (62) Active

Certified (Land Titles) Freehold

Lot Size

Area:

Perimeter:

Measurements:

9407.65 sq.ft

429.79 ft

158.96ft x 5.01ft x 53.17ft x 149.26ft x 46.5ft x 17.99ft

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

251826001011600

Taxation Year

Frontage: 58.08 ft

Depth:

Based On:

158.48 ft

January 1, 2016

Enhanced Site & Structure

Structures:

Description:

Phased-In Assessment

$490,000 $490,000 $490,000

Previous Assessment N/A 2023 2022 2021 2020

$490,000

Single-family detached (not on water)

301 Property Code: $490,000 Current Assessment:

MICHAEL HEDDLE (78672)

Assessment Roll Legal Description: PLAN 1205 LOT 16

Property Address: 155 LITTLE JOHN RD DUNDAS ON L9H4H2

Zoning: R2-FP

Property Type: RESIDENTIAL

Site Area: 0.22A

Site Variance: Irregular

Driveway Type: Separate or Private Driveway

Garage Type: ATTACHED GARAGE

Garage Spaces: 0

Water Service Type: Municipal

Sanitation Type: Municipal

Pool: Indoor :N, Outdoor :N

Sales History

Dominant Market Group

by MICHAEL HEDDLE (78672)

Dominant Market Group

Comparable Sales

Data Not Available

Area Heat Maps

Average Sales Heat Maps - Last 1 Year

The Average Sales Heat Map shows the average sale price of properties within the subject property's block compared to surrounding blocks.

Growth Rate Heat Maps - Last 5 Years

The Growth Rate Heat Map shows the growth of the average sale price of properties within the subject property's block compared to surrounding blocks.

Market Turnover Heat Maps - Last 1 Year

The Market Turnover Heat Map shows the percentage of properties that have sold in the past year within the subject property's block compared to surrounding blocks.

Historical Market Trends

Average Sale Values and Growth Rates

Market Turnover Rates

Market Statistics

Area Map

5 Year Analysis

Up and Coming - This area has proven more affordable than many areas of the municipality, and has seen property prices grow 12.3% higher than the average municipal growth. Worth investigating for investment potential.

Average Sales Price - Last 1 Year

$0

$950,998 Block Municipality

Growth Rate - Last 5 Years

Market Turnover - Last 1 Year

Terms and Conditions

Reports Not the Official Record. Reports, other than the Parcel Register, obtained through Geowarehouse are not the official government record and will not necessarily reflect the current status of interests in land.

Data contained in the Geowarehouse reports are not Currency of Information. maintained real-time. Data contained in reports, other than the Parcel Register, may be out of date ten business days or more from data contained in POLARIS.

Data, information and other products and services accessed through the Land Coverage. Registry Information Services are limited to land registry offices in the areas identified on the coverage map.

Completeness of the Sales History Report.

Some Sales History Reports may be incomplete due to the amount of data collected during POLARIS title automation. Subject properties may also show nominal consideration or sales price (e.g. $2) in cases such as transfers between spouses or in tax exempt transfers.

Demographic Information is obtained from Environics

Demographic Information. Analytics. Environics Analytics acquires and distributes Statistics Canada files in accordance with the Government of Canada's Open Data Policy. No information on any individual or household was made a vailable to Environics Analytics by Statistics Canada. PRIZM and selected PRIZMC2 nicknames are registered trademarks of The Nielsen Company (U.S.) and are used with permission.

The Property Information Services, reports and information are provided "as is" and your use is subject to the applicable Legal Terms and Conditions. Some information obtained from the Land Registry Information Services is not the official government record and will not reflect the current status of interests in land. Use of personal information contained herein shall relate directly to the purpose for which the data appears in land registry records and is subject to all applicable privacy legislation in respect of personal information. Such information shall not be used for marketing to a named individual.

Parcel Mapping shown on the site was compiled using plans and documents recorded in the Land Registry System and has been prepared for property indexing purposes only. It is not a Plan of Survey. For actual dimensions of property boundaries, see recorded plans and documents.

Copyright © 2002-2023 Teranet Inc. and its suppliers. All rights reserved.