Comparable Market Analysis 23 Karen Cres., Hamilton ON
info@heddlerealestate.ca heddlerealestate.ca
Mark Smith 23 Karen Crescent Hamilton, ON February 3, 2024 Dear Mark, 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 23 Karen Cres. as of this dated letter. Date: February 3, 2024 Market Value: $749,000 (+/- 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, Heddle Real Estate Royal LePage State Realty, Brokerage P. (905) 574-7441 F. (905) 662-2227 www.LiveInHamilton.ca
Mike Heddle, Hon. B. Comm. Broker Heddle Real Estate | Team Leader
Mike Heddle
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Brief Summary of Comparable Properties A brief summary of the subject and comparable properties in this market analysis . Status: Active Address
Sub Type
SqFt Tot
4-level back split
1,278
3
/
H4175690 Freehold
1,216
4
Average
1,216
4
Sub Type
SqFt Tot
4-level back split
1,278
MLS#
23 Karen Cres. 10 San Remo Drive
Beds Baths
L/S Price
Status Dt
DOM
2/0
$849,900
9/28/23
128
2/1
$849,900
128
Status: Cancelled Address
MLS#
23 Karen Cres.
Beds Baths
3
/
L/S Price
Status Dt
DOM
H4178860 Freehold
1,270
4
2/0
$769,900
1/23/24
81
H4178192 Freehold
1,237
3
1/1
$899,000
11/30/23
37
177 West 24th Street
H4176770 Freehold
1,237
2
1/1
$924,000
10/23/23
13
49 BRIAROSE Place
H4174254 Freehold
1,680
5
2/0
$799,990
11/13/23
60
177 West 24Th Street
H4172434 Freehold
1,237
3
1/1
$924,000
10/7/23
44
H4171514 Freehold
1,680
4
2/0
$929,000
8/28/23
23
Average
1,390
4
2/1
$874,315
Sub Type
SqFt Tot
4-level back split
1,278
3
/
H4169866 Freehold
1,954
4
Average
1,954
4
Sub Type
SqFt Tot
4-level back split
1,278
3
/
10 Juanita Drive 177 West 24th Street
49 BRIAROSE Place
43
Status: Expired Address
MLS#
23 Karen Cres. 291 Mohawk Road
Beds Baths
L/S Price
Status Dt
DOM
2/1
$898,000
9/13/23
54
2/1
$898,000
54
Status: Sold Address
23 Karen Cres.
MLS#
Beds Baths
L/S Price
Status Dt
DOM
49 Briarose Place
H4179826 Freehold
1,104
4
2/0
$769,000
12/18/23
33
287 SANATORIUM Road
H4176744 Freehold
1,400
4
1/1
$744,000
11/22/23
43
Average
1,252
4
2/1
$756,500
Researched and prepared by Michael Heddle Royal LePage State Realty
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
38
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Brief Summary of Comparable Properties A brief summary of the subject and comparable properties in this market analysis .
Summary Status
Total
Avg Price
Active
1
$849,900
Cancelled
6
Expired
Median
Low
High
Avg DOM
$698.93
$849,900
$849,900
$849,900
128
$874,315
$642.68
$911,500
$769,900
$929,000
43
1
$898,000
$459.57
$898,000
$898,000
$898,000
54
Sold
2
$756,500
$614.00
$756,500
$744,000
$769,000
38
Total
10
$850,679
$624.26
$873,950
$744,000
$929,000
52
Total - Adjusted
10
$799,804
$596.75
$785,500
$629,490
$984,250
52
Researched and prepared by Michael Heddle Royal LePage State Realty
Avg $ Per Sq.Ft.
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Price Adjustments The subject property vs comparable properties.
23 Karen Cres.
10 San Remo Drive
49 Briarose Place
MLS#®
H4175690
H4179826
List Date List Price Status Prop Type Sub Type Trans Type Region Munic/Area Nbrd/SubArea Beds Total Baths # Rooms Basement Parking
09/28/2023 $849,900 Active Residential Freehold Sale Hamilton Hamilton Mountain (15) Mountview (150) 4 -35,000 2.00 10 Full - Fully Finished - Walk-Out 5
11/15/2023 $799,900 Sold Residential Freehold Sale Hamilton Hamilton Mountain (15) Mountview (150) 4 2.00 8 Full - Fully Finished 5
Garage Acres/Range SqFt/Range
Detached 4-level back split
Hamilton Mountain - 15 Mountainview - 150 3 2.0
1 spaces / Attached 15,500 1,104 32.81 x 104.99 2001 / 16-30 Years $5,160
1,278 34.56
1,216 50.10 x 100.21 1969 / 51-99 Years $4,921
F-Air N-Gas Y/-
Gas Forced Air
Gas Forced Air
4 Level Backsplit
4 Level Backsplit 02/13/2024 $769,000
Bsmnt Finish
Fully Finished
Fully Finished
Frontage
50.10 100.21
32.81 104.99
Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source Heat Type Air Condtn Style/Type Sold Date Sold Price
-35,000
Depth
Total Adjustments
$849,900 $-19,500
$769,000 $8,500
Adjusted Price
$830,400
$777,500
Price
Researched and prepared by Michael Heddle Royal LePage State Realty
43,500
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Price Adjustments The subject property vs comparable properties.
23 Karen Cres.
287 SANATORIUM Road
10 Juanita Drive
MLS#®
H4176744
H4178860
List Date List Price Status Prop Type Sub Type Trans Type Region Munic/Area Nbrd/SubArea Beds Total Baths # Rooms Basement Parking
10/10/2023 $762,000 Sold Residential Freehold Sale Hamilton Hamilton Mountain (15) Westcliffe (151) 4 1.10 8 Full - Partially Finished 4
11/03/2023 $769,900 Cancelled Residential Freehold Sale Hamilton Hamilton Mountain (15) Westcliffe (151) -35,000 4 -35,000 15,000 2.00 11 Full - Fully Finished - Separate Entrance, Wa 5
1,278 34.56
1,400 50.10 x 124.84 1958 / 51-99 Years $4,500
-30,500 1,270 45.01 x 106.00 1971 / 51-99 Years $4,855
F-Air N-Gas Y/-
Gas Forced Air
Gas Forced Air
4 Level Sidesplit 12/15/2023 $744,000
4 Level Backsplit
Bsmnt Finish
Partially Finished
Fully Finished
Frontage
50.10 124.84
45.01 106.00
Garage Acres/Range SqFt/Range Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source Heat Type Air Condtn Style/Type Sold Date Sold Price
Detached 4-level back split
Hamilton Mountain - 15 Mountainview - 150 3 2.0
1 spaces / Attached
Depth
Total Adjustments
$744,000 $-50,500
$769,900 $-33,000
Adjusted Price
$693,500
$736,900
Price
Researched and prepared by Michael Heddle Royal LePage State Realty
2,000
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Price Adjustments The subject property vs comparable properties.
23 Karen Cres.
177 West 24th Street
177 West 24th Street
MLS#®
H4178192
H4176770
List Date List Price Status Prop Type Sub Type Trans Type Region Munic/Area Nbrd/SubArea Beds Total Baths # Rooms Basement Parking
10/24/2023 $899,000 Cancelled Residential Freehold Sale Hamilton Hamilton Mountain (15) Westcliffe (151) 3 1.10 7 Full - Fully Finished 3
10/10/2023 $924,000 Cancelled Residential Freehold Sale Hamilton Hamilton Mountain (15) Westcliffe (151) 2 15,000 1.10 6 Full - Fully Finished 3
1,278 34.56
1,237 65.00 x 120.00 - / 51-99 Years $4,832
10,250 1,237 65.00 x 120.00 - / 51-99 Years $4,832
F-Air N-Gas Y/-
Gas Forced Air
Gas Forced Air
4 Level Sidesplit
4 Level Sidesplit
Bsmnt Finish
Fully Finished
Fully Finished
Frontage
65.00 120.00
65.00 120.00
Garage Acres/Range SqFt/Range Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source Heat Type Air Condtn Style/Type Sold Date Sold Price
Detached 4-level back split
Hamilton Mountain - 15 Mountainview - 150 3 2.0
35,000 15,000
1 spaces / Attached
Depth
Total Adjustments
$899,000 $25,250
$924,000 $60,250
Adjusted Price
$924,250
$984,250
Price
Researched and prepared by Michael Heddle Royal LePage State Realty
10,250
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Price Adjustments The subject property vs comparable properties.
23 Karen Cres.
49 BRIAROSE Place
177 West 24Th Street
MLS#®
H4174254
H4172434
List Date List Price Status Prop Type Sub Type Trans Type Region Munic/Area Nbrd/SubArea Beds Total Baths # Rooms Basement Parking
09/14/2023 $799,990 Cancelled Residential Freehold Sale Hamilton Hamilton Mountain (15) Mountview (150) 5 2.00 9 Full - Fully Finished 2
08/24/2023 $924,000 Cancelled Residential Freehold Sale Hamilton Hamilton Mountain (15) Westcliffe (151) -70,000 3 1.10 7 Full - Fully Finished 3
1,278 34.56
1,680 32.81 x 104.99 - / 16-30 Years $5,476
-100,500 1,237 65.00 x 120.00 - / 51-99 Years $4,832
F-Air N-Gas Y/-
Gas Forced Air
Gas Forced Air
4 Level Backsplit
4 Level Sidesplit
Bsmnt Finish
Fully Finished
Fully Finished
Frontage
32.81 104.99
65.00 120.00
Garage Acres/Range SqFt/Range Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source Heat Type Air Condtn Style/Type Sold Date Sold Price
Detached 4-level back split
Hamilton Mountain - 15 Mountainview - 150 3 2.0
15,000
1 spaces / Attached
Depth
Total Adjustments
$799,990 $-170,500
$924,000 $25,250
Adjusted Price
$629,490
$949,250
Price
Researched and prepared by Michael Heddle Royal LePage State Realty
10,250
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Price Adjustments The subject property vs comparable properties.
23 Karen Cres.
49 BRIAROSE Place
291 Mohawk Road
MLS#®
H4171514
H4169866
List Date List Price Status Prop Type Sub Type Trans Type Region Munic/Area Nbrd/SubArea Beds Total Baths # Rooms Basement Parking
08/05/2023 $929,000 Cancelled Residential Freehold Sale Hamilton Hamilton Mountain (15) Mountview (150) 4 2.00 7 Full - Fully Finished 3
07/21/2023 $898,000 Expired Residential Freehold Sale Hamilton Hamilton Mountain (15) Buchanan (152) -35,000 4 2.10 9 Full - Fully Finished 8
1,278 34.56
1,680 32.81 x 104.99 2001 / 16-30 Years $5,476
-100,500 1,954 45.00 x 125.00 1970 / 51-99 Years $4,583
F-Air N-Gas Y/-
Gas Forced Air
Gas Forced Air
4 Level Backsplit
4 Level Backsplit
Bsmnt Finish
Fully Finished
Fully Finished
Frontage
32.81 104.99
45.00 125.00
Garage Acres/Range SqFt/Range Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source Heat Type Air Condtn Style/Type Sold Date Sold Price
Detached 4-level back split
Hamilton Mountain - 15 Mountainview - 150 3 2.0
-35,000 -15,000
1 spaces / Attached
Depth
Total Adjustments
$929,000 $-135,500
$898,000 $-219,000
Adjusted Price
$793,500
$679,000
Price
Researched and prepared by Michael Heddle Royal LePage State Realty
-169,000
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Minimums and Maximums A summary of key property attributes in this analysis.
Listing Price between $762,000 and $929,000 Selling Price between $744,000 and $769,000
2-5 Beds 1-2 Baths 0-1 Half Bath 1,104 to 1,954 Square Feet $0.90 to $0.96 per Sold Square Foot Year Built between 1958 and 2001
Researched and prepared by Michael Heddle Royal LePage State Realty
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Days On Market The number of days each property has been listed on the market.
10 San Remo Dr
128
49 Briarose Pl
33
287 SANATORIUM Rd
43
10 Juanita Dr
81
177 West 24th St
37
177 West 24th St
13
49 BRIAROSE Pl
60
177 West 24Th St
44
49 BRIAROSE Pl
23
291 Mohawk Rd
54 0
Researched and prepared by Michael Heddle Royal LePage State Realty
20
40
60
80
100
120
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
140
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
Property Locations A map showing the subject and comparable properties
Beds
23 Karen Cres. , Hamilton, L9C 5M5
Address
Baths
Sq.Ft.
1278
3
Price
Date
Beds
Baths
Sq.Ft.
1 10 San Remo Dr, Hamilton, L9C 5N3
$849,900
9/28/23
4
2
1,216
2 49 Briarose Pl, Hamilton, L9C 7V3
$769,000
12/18/23
4
2
1,104
3 287 Sanatorium Rd, Hamilton, L9C 1Z4
$744,000
11/22/23
4
1
1,400
4 10 Juanita Dr, Hamilton, L9C 2G3
$769,900
1/23/24
4
2
1,270
5 177 West 24Th St, Hamilton, L9C 4W5
$899,000
11/30/23
3
1
1,237
6 177 West 24Th St, Hamilton, L9C 4W5
$924,000
10/23/23
2
1
1,237
7 49 Briarose Pl, Hamilton, L9C 7V3
$799,990
11/13/23
5
2
1,680
8 177 West 24Th St, Hamilton, L9C 4W5
$924,000
10/7/23
3
1
1,237
9 49 Briarose Pl, Hamilton, L9C 7V3
$929,000
8/28/23
4
2
1,680
10 291 Mohawk Rd, Hamilton, L9C 1W2
$898,000
9/13/23
4
2
1,954
Researched and prepared by Michael Heddle
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
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. 0K
200K
400K
600K
800K
1,000K 849,900
10 San Remo Dr 128 799,900 769,000
49 Briarose Pl 33
762,000 744,000
287 SANATORIUM Rd 43
769,900 10 Juanita Dr 81 899,000 177 West 24th St 37 924,000 177 West 24th St 13 799,990 49 BRIAROSE Pl 60 924,000 177 West 24Th St 44 929,000 49 BRIAROSE Pl 23 898,000 291 Mohawk Rd 54 0
20
40
List Price Researched and prepared by Michael Heddle Royal LePage State Realty
60
80
100
Sale Price
DOM
Days on Market
120
140
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
February 3, 2024
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
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 Sell Price
Sell Price Per Sq. Ft.
Average Price:
$799,800
Average Price/Sq Ft:
$597
High Price:
$984,300
High Price/Sq Ft:
$796
Median Price:
$785,500
Median Price/Sq Ft:
$632
Low Price:
$629,500
Low Price/Sq Ft:
$347
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:
.
Researched and prepared by Michael Heddle Royal LePage State Realty
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
Subject Property: 23 Karen Cres., Hamilton, L9C 5M5
February 3, 2024
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:
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 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.
Researched and prepared by Michael Heddle Royal LePage State Realty
This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice .
APPENDIX A: MPAC Assessment vs. Market Sale Price
APPENDIX A - MPAC Assessment vs. Market Sale Price Status Subject Active Sold Sold
Address 23 Karen Cres. 10 San Remo Dr. 49 Briarose Pl. 287 Sanatorium Rd.
MPAC $ $ $ $
Sale Price 380,000 371,000 389,000 355,000
$ $
% Difference -97.69% 109.58% 103.63%
769,000 744,000
Average Range NOTE: * denotes properties included in the "Direct Comparison Approach".
$ $
773,801 796,394 to $
751,208
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: 34.56 Front Ft @ Actual Age: Effective Age:
9500
$ 328,320.00
56 years 40 years
Improvements: Building Basement Garage Landscaping
1278 Sq. ft. 360 *Sq. ft. 0 Sq. ft.
@ @ @
Cost New Depreciation @ 27% Current Value $ 447,300.00 $ 119,280.00 $ 328,020.00 $ 36,000.00 $ 9,600.00 $ 26,400.00 $ $ $ $ 30,000.00 $ 8,000.00 $ 22,000.00 Total Current Value of All Improvements $ 376,420.00
$ 376,420.00
Indicated Value by the Cost Approach Value Rounded to
$ 704,740.00 $ 700,000.00
$350 $100 $60
* 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 D: MPAC Geowarehouse Enhanced AVM Report
REALTOR® AVM Enhanced Residential Report
Property Address
23 KAREN CRES
Municipality
HAMILTON CITY
Roll Number
251808109200480
Property Code & Description
301 - Single-family detached (not on water)
Postal Code
L9C5M5
Province
ON
AVM Details Real Time Market Value (AVM)
$835,000
Con/dence Rating
AVM Valuation Date (yyyy-mm-dd)
2024-01-31
AVM Range
$771,000-$924,000
Services Hydro
Private Water
Private Sanitary
Hydro available
-
-
Site Details Frontage (ft)
Depth (ft)
Site Area (A)
Site Access
34.56
124.63
0.20
Year Round Road Access Irregular
On-Site Variables
Abuts Variables
Proximity Variables
Site Variance
Waterfront Variables
OFFICIAL PLAN DESIGNATED RESIDENTIAL
Permit Details Currently, MPAC'S records indicate that there are no building permits for this property.
Purchase Date: 2024-02-03
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
1/2
Primary Structures Structure Description
SINGLE FAMILY DETACHED
Year Built
1968
Total Floor Area (Above Grade sqft)
1,278
First Floor Area (sqft)
1,278
Second Floor Area (sqft)
-
Third Floor Area (sqft)
-
Full Storeys
1
Partial Storeys
No part storey
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Basement Total Area (sqft)
1,278
Basement Finished Area (sqft)
360
Heating
Forced Air
Air Conditioning
N
Renovation Year
-
Renovation Type
-
Addition Year
-
Addition Area
-
Split Level
Back Split
Structure Condition
Average
Fireplace Total
0
Condo Floor Level
-
Condo Parking Spaces
-
Condo Lockers
-
Condo Indoor Parking
-
Structure Design Type
NOT DEFINED
Structure Variables
-
Purchase Date: 2024-02-03
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
2/2
APPENDIX E: Geowarehouse Report
Client Report Generated on 2024
This report was prepared by:
23 KAREN CRES HAMILTON
MICHAEL HEDDLE SALES REPRESENTATIVE mikeheddle@royallepage.ca www.mikeheddle.ca
PIN 170360102
ROYAL LEPAGE STATE REALTY Office: (905)574-7441 Fax: (905)662-2227
Copyright © 2002-2024 Teranet Inc. and its suppliers. All rights reserved.
© 2024 Teranet Inc.
23 KAREN CRES, HAMILTON | PIN 170360102
Property Details GeoWarehouse Address:
23 KAREN CRES HAMILTON L9C5M5 PIN:
170360102
Land Registry Office:
HAMILTON WENTWORTH (62)
Land Registry Status:
Active
Registration Type:
Certified (Land Titles)
Ownership Type:
Freehold
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
2 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Lot Size Area:
8880.22 sq.ft (0.204 ac)
Perimeter:
396.98 ft
Measurements:
123.22ft x 34.6ft x 124.92ft x 55.11ft x 60.13ft 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 251808109200480
Previous Assessment N/A Taxation Year 2024
Phased-In Assessment $380,000
2023
$380,000
2022
$380,000
2021
$380,000
Frontage:
34.56 ft
Description:
Single-family detached (not on water)
Depth:
124.63 ft
Property Code:
301
Based On:
January 1, 2016
Current Assessment: $380,000
Enhanced Site & Structure Structures:
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
3 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Year Built
#
Bed Full Rooms Baths
301 1968 3
1
Half Full Partial Split Fireplace Baths Stories Stories Level No part 1 1 Back Split0 storey
Assessment Roll Legal Description: PLAN 1308 LOT 86 Property Address:
23 KAREN CRES HAMILTON ON L9C5M5
Zoning:
C
Property Type:
RESIDENTIAL
Site Area:
0.2A
Site Variance:
Irregular
Driveway Type:
Unspecified/Not Applicable
Garage Type:
N/A
Garage Spaces:
N/A
Water Service Type:
N/A
Sanitation Type:
N/A
Pool:
Indoor :N, Outdoor :N
Sales History Sale Date
Sale Amount Type
Oct 11, 1968
$2
Notes
Transfer
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
4 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Demographics
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
5 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
6 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
7 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Dominant Market Group
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
8 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page
9 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Dominant Market Group
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 10 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Comparable Sales
Comparable Sales Search Results Address
Date
Sales Amount
Lot Size
($)
(sq.ft)
$/ sq.ft
Distance
PIN
(m)
1
2 - 1 REDFERN AVENUE, HAMILTON
Oct 05, 2023
0
N/A
N/A
631
186060002
2
38 - 1 REDFERN AVENUE, HAMILTON
Sep 27, 2023
505,000
N/A
N/A
631
186060144
3
24 - 1 REDFERN AVENUE, HAMILTON
Oct 03, 2023
520,000
N/A
N/A
631
186060130
4
33 SOUTHAM LANE, HAMILTON
Oct 10, 2023
524,161
1,883.00
278
654
170360890
5
35 SOUTHAM LANE, HAMILTON
Sep 21, 2023
526,013
1,883.00
279
648
170360889
6
37 SOUTHAM LANE, HAMILTON
Sep 06, 2023
537,275
2,357.00
228
641
170360888
7
256 - 256 SAN FRANCISCO AVE, HAMILTON, L9C5N9
Dec 14, 2023
539,000
N/A
N/A
429
181000016
8
53 BENSLEY LANE, HAMILTON
Aug 29, 2023
547,583
1,797.00
305
655
170360864
9
108 - 108 SAN REMO DR, HAMILTON, L9C5N6
Aug 30, 2023
561,000
N/A
N/A
429
181000027
10
41 SOUTHAM LANE, HAMILTON
Aug 10, 2023
568,020
2,357.00
241
633
170360887
11
6 - 1 REDFERN AVENUE, HAMILTON
Nov 15, 2023
580,000
N/A
N/A
631
186060036
12
51 BENSLEY LANE, HAMILTON
Sep 07, 2023
584,671
2,249.00
260
648
170360865
13
31 SOUTHAM LANE, HAMILTON
Aug 24, 2023
589,993
2,421.00
244
661
170360891
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 11 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
14
26 BENSLEY LANE, HAMILTON
Sep 07, 2023
598,374
2,443.00
245
589
170360787
15
57 BENSLEY LANE, HAMILTON
Aug 22, 2023
606,592
2,303.00
263
669
170360862
16
30 BENSLEY LANE, HAMILTON
Sep 11, 2023
673,992
3,250.00
207
605
170360789
17
11 - 1 REDFERN AVENUE, HAMILTON
Aug 28, 2023
677,000
N/A
N/A
631
186060117
18
28 BENSLEY LANE, HAMILTON
Sep 15, 2023
694,351
2,841.00
244
596
170360788
19
19 SOUTHAM LANE, HAMILTON
Dec 22, 2023
733,000
1,883.00
389
700
170360894
20
58 - 566 SOUTHRIDGE DR, HAMILTON, L9C7W5
Aug 25, 2023
739,900
N/A
N/A
661
183650020
21
24 BENSLEY LANE, HAMILTON
Sep 06, 2023
751,509
3,810.00
197
580
170360786
22
32 BENSLEY LANE, HAMILTON
Sep 12, 2023
759,745
3,810.00
199
615
170360790
23
39 BENSLEY LANE, HAMILTON
Nov 30, 2023
770,000
1,797.00
428
615
170360870
24
4 - 53 REDFERN AVENUE, HAMILTON
Dec 14, 2023
780,000
N/A
N/A
486
185120004
25
11 CADWELL LANE, HAMILTON
Sep 21, 2023
785,000
1,506.00
521
530
170360753
26
43 CADWELL LANE, HAMILTON
Nov 30, 2023
785,000
1,506.00
521
560
170360740
27
52 CAPSTONE LANE, HAMILTON
Dec 01, 2023
800,000
1,679.00
476
538
170360768
28
21 - 566 SOUTHRIDGE DR, HAMILTON, L9C7W5
Aug 11, 2023
800,000
N/A
N/A
661
183650064
29
5 CADWELL LANE, HAMILTON
Oct 31, 2023
816,000
1,496.00
545
526
170360756
30
46 CAPSTONE LANE, HAMILTON
Sep 21, 2023
816,000
2,142.00
381
530
170360765
31
17 CADWELL LANE, HAMILTON
Sep 08, 2023
821,000
1,915.00
429
535
170360751
32
50 BRIAROSE PL, HAMILTON, L9C7V3
Dec 07, 2023
824,000
4,380.00
188
360
170360490
33
13 CADWELL LANE, HAMILTON
Oct 27, 2023
824,500
1,915.00
431
531
170360752
34
16 MAGNOLIA DR, HAMILTON, L9C5S9
Aug 11, 2023
842,100
5,015.00
168
589
170370363
35
10 MALABAR CRT, HAMILTON, L9C2B9
Aug 18, 2023
859,900
6,135.00
140
197
170380094
10
41 SOUTHAM LANE, HAMILTON
Oct 16, 2023
860,000
2,357.00
365
633
170360887
36
245 SAN FRANCISCO AVE, HAMILTON, L9C5P1
Aug 15, 2023
866,000
5,941.00
146
387
170370267
37
170 CHEDMAC DR, HAMILTON, L9C7S6
Aug 21, 2023
980,000
3,961.00
247
218
170360253
38
5 CHATEAU CRT, HAMILTON, L9C5P3
Dec 18, 2023
1,025,000
5,909.00
173
589
170370030
39
194 SAN FRANCISCO AVE, HAMILTON, L9C5N9
Sep 22, 2023
1,035,000
7,513.00
138
447
170370251
40
110 SAN FRANCISCO AVE, HAMILTON, L9C5N9
Sep 06, 2023
1,124,000
6,953.00
162
435
170370200
41
23 LARKSPUR CRES, HAMILTON, L9K1C5
Nov 24, 2023
1,200,000
5,898.00
203
766
171180035
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 12 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Sales Statistics Maximum:
$1,200,000
Minimum:
$0
Average:
$724,539
Median:
$759,745
*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.
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.
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 13 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
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.
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 14 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Historical Market Trends Average Sale Values and Growth Rates
Market Turnover Rates
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 15 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
Market Statistics Area Map Average Sales Price - Last 1 Year
$652,006
$651,122
Block
Municipality
Growth Rate - Last 5 Years
Market Turnover - Last 1 Year
5 Year Analysis Data Not Available
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 16 of 17
23 KAREN CRES, HAMILTON | PIN 170360102
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. Currency of Information. Data contained in the Geowarehouse reports are not 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.
Coverage. Data, information and other products and services accessed through the Land 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. Demographic Information is obtained from Environics 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 © 2002-2024 Teranet Inc. and its suppliers. All rights reserved.
Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)
GeoWarehouse Client Report | Page 17 of 17
APPENDIX D: Royal LePage QuickQuote
APPENDIX E: Market Conditions
OUTSTANDING MARKET REVIEW Our goal is to ensure that our aggressive and ‘dialled-in’ marketing plan get the most exposure of your property listing in front of serious qualified purchasers. It’s important for us to keep communication open with you and routinely review the market conditions and our marketing efforts. MARKET CONDITIONS
The conditions of the macro and micro markets surrounding your property are key to understand when offering your property for sale. As your real estate advisors, it’s important for us to make sure that we effectively communicate those conditions with you so that you may be informed.
Months-of-Inventory [M.O.I.] Determining the current market conditions, and type of market, is key in order to provide professional guidance with the sale of your property. A ‘market intelligence’ tool that illustrates the strength of the market is determining the number of months’ of inventory. This metric identifies the strength of the market be indicating market demand. Typically: “Seller’s Market” is identified as between 0-4 months’ of inventory. “Balanced Market” is typically represented by 4-6 months of inventory. “Buyer’s Market” is defined as anything over 6+ months of inventory.
4 The Heddle Group. | www.theHeddleGroup.ca | info@theheddlegroup.ca
Matrix
2024-02-03, 12:21 PM
Search Criteria Time frame is from Mar 2023 to Feb 2024 Region is 'Hamilton' Municipality is 'Hamilton Mountain (15)' Transaction Type is 'Sale' Results calculated from approximately 300 listings
https://matrix.rahb.ca/Matrix/Stats/StatsPrint.aspx?c=AAEAAAD**…GNoYXJ0LXR5cGUxPSJTcGxpbmUiIGNoYXJ0LXR5cGUyPSJDb2x1bW4iIC8(&t2=
Page 1 of 1
Matrix
2024-02-03, 12:21 PM
Search Criteria Time frame is from Mar 2023 to Feb 2024 Region is 'Hamilton' Municipality is 'Hamilton Mountain (15)' Transaction Type is 'Sale' Results calculated from 180 listings
https://matrix.rahb.ca/Matrix/Stats/StatsPrint.aspx?c=AAEAAAD**…GNoYXJ0LXR5cGUxPSJTcGxpbmUiIGNoYXJ0LXR5cGUyPSJDb2x1bW4iIC8(&t2=
Page 1 of 1
Matrix
2024-02-03, 12:21 PM
Search Criteria Time frame is from Mar 2023 to Feb 2024 Region is 'Hamilton' Municipality is 'Hamilton Mountain (15)' Transaction Type is 'Sale' Results calculated from 180 listings
https://matrix.rahb.ca/Matrix/Stats/StatsPrint.aspx?c=AAEAAAD**…GNoYXJ0LXR5cGUxPSJTcGxpbmUiIGNoYXJ0LXR5cGUyPSJDb2x1bW4iIC8(&t2=
Page 1 of 1
10
7.5
800
600
5
400
2.5
200
0
0