23 Karen Cres - CMA

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)

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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)

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23 KAREN CRES, HAMILTON | PIN 170360102

Demographics

Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)

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23 KAREN CRES, HAMILTON | PIN 170360102

Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)

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23 KAREN CRES, HAMILTON | PIN 170360102

Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)

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23 KAREN CRES, HAMILTON | PIN 170360102

Dominant Market Group

Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)

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23 KAREN CRES, HAMILTON | PIN 170360102

Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)

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23 KAREN CRES, HAMILTON | PIN 170360102

Dominant Market Group

Report Generated On Feb 3, 2024 by MICHAEL HEDDLE (78672)

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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