Comparable Market Analysis 28 Kildonan Cres., Hamilton, ON
info@heddlerealestate.ca
heddlerealestate.ca
Victoria Beach Hamilton, ON
June 15, 2024
Dear Victoria,
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 28 Kildonan Cres as of this dated letter.
Date: June 21, 2024
Market Value: $870,000 (+/- 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
Brief Summary of Comparable Properties
Subject Property: 28 Kildonan, Hamilton June 21, 2024
A brief summary of the subject and comparable properties in this market analysis Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Active 28 Kildonan 2-storey 3 / 1,209 4 Freehold 1 HARNESWORTH Crescent $999,999 40608947 6/20/24 3/1 1,628 1 3 Freehold 116 SKINNER Road $939,000 40607489 6/19/24 2/1 1,659 2 3 Freehold 22 Cole Street $979,900 H4196379 6/6/24 2/1 1,717 15 3 Freehold 87 HUMPHREY Street $949,000 H4194090 5/15/24 2/1 1,890 37 4 Freehold 20 WESTFIELD Crescent $1,199,000 40586159 5/9/24 3/1 2,190 43 4 Freehold 77 SADIELOU Boulevard $1,099,000 40567188 5/7/24 3/1 1,506 45 1,765 $1,027,650 4 Average 2/1 24 Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Active - CS 28 Kildonan 2-storey 3 / 1,209 4 Freehold 31 HARNESWORTH Crescent $864,900 H4197192 6/24/24 2/2 1,557 9 1,557 $864,900 4 Average 2/1 9 Address L/S Price Beds Baths SqFt Tot MLS# DOM Status Dt Sub Type Status: Sold 28 Kildonan 2-storey 3 / 1,209 3 Freehold 24 SUNNYCROFT Court $948,500 40582504 5/14/24 2/1 1,843 6 3 Freehold 40 Gunby Boulevard $889,900 H4188716 4/3/24 3/1 1,495 12 3 Freehold 49 LUPO Drive $940,000 H4188378 3/28/24 2/1 1,789 9 2 Condominium 25 Hamilton Street #19 $860,000 H4186905 3/8/24 3/0 1,770 4 3 Freehold 168 CHUDLEIGH Street $910,000 H4186894 3/12/24 2/1 1,591 8 3 Freehold 52 Harnesworth Crescent $885,000 H4185998 3/3/24 2/1 1,501 11 3 Freehold 24 SUNNYCROFT Court $915,000 40523660 1/18/24 2/1 1,843 22 3 Freehold 55 BOUSFIELD Rise $870,000 H4175784 1/28/24 2/1 1,491 122 1,665 $902,300 3 Average 2/1 24 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
Brief Summary of Comparable Properties
Subject Property: 28 Kildonan, Hamilton June 21, 2024
subject
comparable properties
this market analysis Summary Status Total Avg $ Per Sq.Ft. Avg Price Avg DOM High Low Median Active 6 $1,027,650 $989,950 $939,000 $1,199,000 $588.39 24 Active - CS 1 $864,900 $864,900 $864,900 $864,900 $555.49 9 Sold 8 $902,300 $899,950 $860,000 $948,500 $545.35 24 $949,947 $939,000 $860,000 15 $1,199,000 Total $563.24 23 Total - Adjusted $894,372 $887,550 $799,000 15 $1,007,325 $531.89 23 Researched and prepared by Michael
Royal
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
A brief summary of the
and
in
Heddle
LePage State
Subject Property: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28 Kildonan MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 1 HARNESWORTH Crescent 40608947 06/20/2024 $999,999 Active Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) -35,000 4 4.00 -55,000 13 Full - Fully Finished 3 1,628 -73,325 42.33 x 100.07 - / 16-30 Years $4,855 0 Gas Forced Air Yes / Central Air 2 Storey Fully Finished 45,000 42.33 100.07 $-118,325 $881,674 $999,999 116 SKINNER Road 40607489 06/19/2024 $939,000 Active Residential Freehold Sale Hamilton Waterdown (46) Waterdown East (461) 3 3.00 -20,000 10 Full - Unfinished 2 1,659 -78,750 25.00 x 90.00 2022 / 0-5 Years $5,548 0 Forced Air Yes / Central Air 2 Storey 25,000 Unfinished 45,000 25.00 90.00 $-28,750 $910,250 $939,000 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: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28 Kildonan MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 22 Cole Street H4196379 06/06/2024 $979,900 Active Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 2.10 8 Full - Fully Finished 2 1,717 -88,900 22.19 x 100.25 2010 / 6-15 Years $5,014 Gas Forced Air 2 Storey Fully Finished 45,000 22.19 100.25 $-43,900 $936,000 $979,900 87 HUMPHREY Street H4194090 05/15/2024 $949,000 Active Residential Freehold Sale Hamilton Waterdown (46) Waterdown East (461) 3 2.10 6 Full - Unfinished 2 1,890 -119,175 24.61 x 0.00 - / 0-5 Years $5,794 Gas Forced Air 2 Storey 25,000 Unfinished 45,000 24.61 0 $-49,175 $899,825 $949,000 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: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The
28
MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 20 WESTFIELD
40586159 05/09/2024 $1,199,000 Active Residential Freehold Sale Hamilton Waterdown (46) Waterdown East (461) -35,000 4 4.00 -55,000 13 Full - Unfinished - Walk-Up 2 2,190 -171,675 27.89 x 90.22 2021 / 0-5 Years $6,256 0 Gas Forced Air Yes / Central Air 2 Storey 25,000 Unfinished 45,000 27.89 90.22 $-191,675 $1,007,325 $1,199,000 77
40567188 05/07/2024 $1,099,000 Active Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) -35,000 4 4.00 -55,000 16 Full - Fully Finished 2 1,506 -51,975 29.53 x 85.33 2012 / 6-15 Years $5,404 0 Gas Forced Air Yes / Central Air 2 Storey Fully Finished 45,000 29.53 85.33 $-96,975 $1,002,025 $1,099,000 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 vs comparable properties.
Kildonan
Crescent
SADIELOU Boulevard
Subject Property: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28 Kildonan MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 31 HARNESWORTH Crescent H4197192 06/12/2024 $864,900 Active - CS Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) -35,000 4 2.20 -15,000 9 Full - Partially Finished 3 1,557 -60,900 24.98 x 100.25 1995 / 16-30 Years $4,646 Gas Forced Air 2 Storey Partially Finished 45,000 24.98 100.25 $-65,900 $799,000 $864,900 24 SUNNYCROFT Court 40582504 05/08/2024 $949,900 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 3.00 -20,000 10 Full - Unfinished 4 1,843 -110,950 28.02 x 120.28 - / 16-30 Years $5,642 Gas Forced Air Yes / Central Air 2 Storey 06/21/2024 $948,500 25,000 Unfinished 45,000 28.02 120.28 $-60,950 $887,550 $948,500 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
Subject Property: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28 Kildonan MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 40 Gunby Boulevard H4188716 03/22/2024 $889,900 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 3.10 -35,000 7 Full - Fully Finished - Walk-Out 3 1,495 -50,050 27.30 x 88.62 2015 / 6-15 Years $5,088 Gas Forced Air 2 Storey 05/07/2024 $889,900 Fully Finished 45,000 27.30 88.62 $-40,050 $849,850 $889,900 49 LUPO Drive H4188378 03/19/2024 $945,000 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown East (461) 3 2.10 9 Full - Fully Finished 3 1,789 -101,500 25.42/-2014 / 6-15 Years $5,630 Gas Forced Air 2 Storey 06/07/2024 $940,000 Fully Finished 45,000 25.42 $-56,500 $883,500 $940,000 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: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28
MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 25 Hamilton Street #19 H4186905 03/04/2024 $874,900 Sold Residential Condominium Sale Hamilton Waterdown (46) Waterdown West (460) 35,000 2 3.00 -20,000 7 Full - Fully Finished 2 1,770 -98,175 2001 / 16-30 Years $4,550 Gas Forced Air 2 Storey 04/30/2024 $860,000 Fully Finished 45,000 $-38,175 $821,825 $860,000 168 CHUDLEIGH Street H4186894 03/04/2024 $899,990 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 2.10 6 Full - Unfinished 3 1,591 -66,850 24.11 x 108.65 2003 / 16-30 Years $4,944 Gas Forced Air 2 Storey 06/04/2024 $910,000 25,000 Unfinished 45,000 24.11 108.65 $3,150 $913,150 $910,000 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
Kildonan
Subject Property: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28 Kildonan MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 52 Harnesworth Crescent H4185998 02/21/2024 $884,900 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 2.10 8 Full - Fully Finished 3 1,501 -51,100 24.90 x 100.00 1995 / 16-30 Years $4,583 Gas Forced Air 2 Storey 05/02/2024 $885,000 Fully Finished 45,000 24.90 100.00 $-6,100 $878,900 $885,000 24 SUNNYCROFT Court 40523660 12/27/2023 $949,900 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 3.00 -20,000 10 Full - Unfinished 4 1,843 -110,950 28.02 x 120.28 - / 16-30 Years $5,642 Gas Forced Air Yes / Central Air 2 Storey 04/30/2024 $915,000 25,000 Unfinished 45,000 28.02 120.28 $-60,950 $854,050 $915,000 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: 28 Kildonan, Hamilton June 21, 2024 Price Adjustments The subject property vs comparable properties. 28 Kildonan MLS#® List Date List Price Status Semi Detached Prop Type 2-storey Sub Type Trans Type Region Waterdown Munic/Area Hamilton Nbrd/SubArea Waterdown Beds 3 Total Baths 2.1 # Rooms Basement Parking Garage Acres/Range SqFt/Range 1,209 Lot Frontage YrBuilt/Age Taxes/Year Total # Units Heat Source N-Gas Heat Type Forced Air Air Condtn Y /Style/Type Sold Date Sold Price Bsmnt Finish Frontage Depth Price Total Adjustments Adjusted Price 55 BOUSFIELD Rise H4175784 09/28/2023 $899,900 Sold Residential Freehold Sale Hamilton Waterdown (46) Waterdown West (460) 3 2.10 7 Full - Unfinished 2 1,491 -49,350 26.90 x 99.34 - / 6-15 Years $5,002 Gas Forced Air 2 Storey 04/25/2024 $870,000 25,000 Unfinished 45,000 26.90 99.34 $20,650 $890,650 $870,000 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
Minimums and Maximums
A summary of key property attributes in this analysis.
Listing Price between $864,900 and $1,199,000
Selling Price between $860,000 and $948,500
Beds
Half Baths 1,491 to 2,190 Square Feet
$485.88 to $595.25 per Sold Square Foot
Year Built between 1995 and 2022
Subject Property: 28 Kildonan, Hamilton June 21, 2024
0-2
2-4
2-3 Baths
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: 28 Kildonan, Hamilton June 21, 2024 Days On Market The number of days each property has been listed on the market. 0 20 40 60 80 100 120 140 1 HARNESWORTH Cr 116 SKINNER Rd 22 Cole St 87 HUMPHREY St 20 WESTFIELD Cr 77 SADIELOU Bv 31 HARNESWORTH Cr 24 SUNNYCROFT Ct 40 Gunby Bv 49 LUPO Dr 25 Hamilton St #19 168 CHUDLEIGH St 52 Harnesworth Cr 24 SUNNYCROFT Ct 55 BOUSFIELD Ri 1 2 15 37 43 45 9 6 12 9 4 8 11 22 122 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
Property Locations
Subject Property: 28 Kildonan, Hamilton June 21, 2024
A map showing the subject and comparable properties 28 Kildonan , Hamilton 3 Beds Baths Sq.Ft. 1209 Address Price Date Beds Baths Sq.Ft. 1 1 Harnesworth Cr, Hamilton, L0R 2H6 $999,999 3 4 6/20/24 1,628 2 116 Skinner Rd, Hamilton, L8B 1Y3 $939,000 2 3 6/19/24 1,659 3 22 Cole St, Waterdown, L0R 2H9 $979,900 2 3 6/6/24 1,717 4 87 Humphrey St, Waterdown, L8B 0T6 $949,000 2 3 5/15/24 1,890 5 20 Westfield Cr, Waterdown, L8B 1Y1 $1,199,000 3 4 5/9/24 2,190 6 77 Sadielou Bv, Waterdown, L0R 2H1 $1,099,000 3 4 5/7/24 1,506 7 31 Harnesworth Cr, Waterdown, L8B 0J3 $864,900 2 4 6/24/24 1,557 8 24 Sunnycroft Ct, Waterdown, L0R 2H4 $948,500 2 3 5/14/24 1,843 9 40 Gunby Bv, Waterdown, L8B 0W4 $889,900 3 3 4/3/24 1,495 10 49 Lupo Dr, Waterdown, L8B 0V3 $940,000 2 3 3/28/24 1,789 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
Subject Property: 28 Kildonan, Hamilton June 21, 2024
A map showing the subject and comparable properties 28 Kildonan , Hamilton 3 Beds Baths Sq.Ft. 1209 Address Price Date Beds Baths Sq.Ft. 11 25 Hamilton St #19, Waterdown, L0R 2H4 $860,000 3 2 3/8/24 1,770 12 168 Chudleigh St, Hamilton, L0R 2H6 $910,000 2 3 3/12/24 1,591 13 52 Harnesworth Cr, Waterdown, L8B 0J3 $885,000 2 3 3/3/24 1,501 14 24 Sunnycroft Ct, Waterdown, L0R 2H4 $915,000 2 3 1/18/24 1,843 15 55 Bousfield Ri, Waterdown, L8B 0T3 $870,000 2 3 1/28/24 1,491 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
Property Locations
List Price, Sale Price, and Days on Market
999,999 939,000 979,900 949,000 1,199,000 1,099,000
Subject Property: 28 Kildonan, Hamilton June 21, 2024
price of sold listings, with the number of days each property has been listed on the market. 0K 200K 400K 600K 800K 1,000K 1,200K 0 20 40 60 80 100 120 140 1 HARNESWORTH Cr 116 SKINNER Rd 22 Cole St 87 HUMPHREY St 20 WESTFIELD Cr 77 SADIELOU Bv 31 HARNESWORTH Cr 24 SUNNYCROFT Ct 40 Gunby Bv 49 LUPO Dr 25 Hamilton St #19 168 CHUDLEIGH St 52 Harnesworth Cr 24 SUNNYCROFT Ct 55 BOUSFIELD Ri
864,900 949,900 889,900 945,000 874,900 899,990 884,900 949,900 899,900 948,500 889,900 940,000 860,000 910,000 885,000 915,000 870,000 1 2 15 37 43 45 9 6 12 9 4 8 11 22 122 List Price Sale Price DOM Days on Market 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
List price, and sale
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:
Subject
June 21, 2024
Property: 28 Kildonan, Hamilton
Sell Price Sell Price Per Sq. Ft. Average Price: $894,400 Average Price/Sq Ft: $532 High Price: $1,007,300 High Price/Sq Ft: $665 Median Price: $887,600 Median Price/Sq Ft: $542 Low Price: $799,000 Low Price/Sq Ft: $460
Researched and prepared by
Royal
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
Michael Heddle
LePage State Realty
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
2
Comparable homes that are currently for sale
3
Comparable homes that were recently sold
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.
June 21, 2024
Subject Property: 28 Kildonan, Hamilton
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
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.
Status Address MPAC Sale Price % Difference Subject 28 Kildonan 382,000 $ Active 1 Harnesworth Cres. 416,000 $ Active 116 Skinner Rd. 473,000 $ Active 22 Cole St 431,000 $ Active 87 Humphrey St. 497,000 $ Active 20 Westfield Cres. 538,000 $ Active 77 Sadielou Blvd 453,000 $ Active 31 Harnesworth 390,000 $ Active 24 Sunnycroft Crt. 485,000 $ 948,500 $ 95.57% Sold 40 Gunby Blvd 447,000 $ 889,900 $ 99.08% Sold 49 Lupo Dr. 484,000 $ 940,000 $ 94.21% Sold 168 Chudleigh St. 425,000 $ 910,000 $ 114.12% Sold 52 Harnesworth Cres. 394,000 $ 885,000 $ 124.62% Sold 24 Sunnycroft Crt. 485,000 $ 915,000 $ 88.66% Sold 55 Blousfield Rise 430,000 $ 870,000 $ 102.33% 102.66% Average $ 774,143 Range $ 741,901 to 817,929 $
Market Sale Price
APPENDIX A - MPAC Assessment vs.
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. 3,873.33
Land Value: 17.08 Front Ft @ 11500 196,420.00 $ Actual Age: 28 years Effective Age: 10 years Improvements: Cost New Depreciation @ 7% Current Value Building 1209 Sq. ft. @ $325 392,925.00 $ 366,730.00 $ Basement 581 *Sq. ft. @ $100 58,100.00 $ 54,226.67 $ Garage 0 Sq. ft. $60 - $ - $ Landscaping @ 200,000.00 $ 186,666.67 $ Total Current Value of All Improvements 607,623.33 $ 607,623.33 $ Indicated Value by the Cost Approach 804,043.33 $ Value Rounded to 805,000.00 $ *
estimate square footage
26,195.00 $ 13,333.33 $
$ - $
APPENDIX C: Market Adjustment
APPENDIX C - Sale Price vs.
Market Change
Based on an analysis of the average sale price in the acqusition year versus the market change, the estimated "market" value of the subject property is:
However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is typically not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". Thus, the relative significance of this method of deriving value is extremely low. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.
Apr-17 Apr-24 % Change Average Sale Value 690,782.00 $ 990,872.00 $ 43.44% Median Sale Value 672,500.00 $ 966,750.00 $ 43.75% Subject Property Sale Price 28 Kildonan Cres. 650,000.00 $ Adjusted Value (vs. Average) 932,373.46 $ Adjusted Value (vs. Median) 934,405.20 $ Estimate of Value: $ 933,389 Estimate of value (Range): $ 932,373.46 to $ 934,405
Monthly Monthly
APPENDIX
D: MPAC Geowarehouse Enhanced AVM Report
REALTOR® AVM Enhanced Residential Report
AVM Details Services
Property Address
Permit Details
Property
Province
Real Time Market Value (AVM) $841,000 AVM
2024-06-04 Con/dence
AVM Range $812,000-$879,000
Valuation Date (yyyy-mm-dd)
Rating
28
HAMILTON
Roll Number 251830339012218
KILDONAN CRES Municipality
CITY
311
residential
Code & Description
- Semi-detached
Postal Code L8B0K3
ON
Hydro Private Water Private Sanitary Hydro available -Site Details Frontage (ft) Depth (ft) Site Area (A) Site Access Site Variance 17.08 151.74 0.09 Year Round Road Access Irregular On-Site Variables Abuts Variables Proximity Variables Waterfront Variables OFFICIAL PLAN DESIGNATEDRESIDENTIAL
there are no building permits for this property. Purchase Date: 2024-06-21 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
Currently, MPAC'S records indicate that
Primary Structures
Structure Description SINGLE FAMILY SEMI DET Year Built 1996 Total Floor Area (Above Grade sqft) 1,209 First Floor Area (sqft) 555 Second Floor Area (sqft) 654 Third Floor Area (sqft)Full Storeys 2 Partial Storeys No part storey Bedrooms 3 Full Bathrooms 1 Half Bathrooms 1 Basement Total Area (sqft) 581 Basement Finished Area (sqft)Heating Forced Air Air Conditioning N Renovation YearRenovation TypeAddition YearAddition AreaSplit Level No Split Structure Condition Average Fireplace Total 0 Condo Floor LevelCondo Parking SpacesCondo LockersCondo Indoor ParkingStructure Design Type NOT DEFINED Structure VariablesGarage Structures Structure Description ATTACHED GARAGE Year Built 1996 Total Area (sqft) 240 Garage Spaces 1 Purchase Date: 2024-06-21 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
28 KILDONAN CRES
This report was prepared by: SALES REPRESENTATIVE
Office: (905)574-7441 www.mikeheddle.ca Fax: (905)662-2227
Copyright © 2002-2024 Teranet Inc. and its suppliers. All rights reserved.
Client Report Generated on 2024
HAMILTON PIN 175630206
mikeheddle@royallepage.ca MICHAEL HEDDLE ROYAL LEPAGE STATE REALTY
Inc.
© 2024 Teranet
Property Details
GeoWarehouse Address:
28 KILDONAN CRES HAMILTON L0R2H5 175630206
PIN:
Land Registry Office:
Land Registry Status:
Registration Type:
Ownership Type:
HAMILTON WENTWORTH (62)
Certified (Land Titles)
28 KILDONAN CRES, HAMILTON | PIN 175630206
Active
Report Generated On GeoWarehouse Client Report | Page 2 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
Freehold
Lot Size
Area:
Perimeter:
Measurements:
4144.1 sq.ft (0.095 ac) 344.49 ft
124.48ft x 26.09ft x 26.09ft x 152.05ft x 8.54ft x 8.54ft
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
Enhanced Site & Structure
Structures:
$382,000
$382,000
$382,000
28 KILDONAN CRES, HAMILTON | PIN 175630206
ARN
1,
Based On: 151.74 ft Depth: Frontage: 17.08 ft
251830339012218 January
2016
Semi-detached residential Description: 311 Property Code: $382,000 Current Assessment:
2024 2023 2022 2021 Report Generated On GeoWarehouse Client Report | Page 3 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
$382,000 Taxation Year Phased-In Assessment Previous Assessment N/A
Sales History
Jul 07, 2017
Aug 29, 2014
Feb 19, 2010
Feb 29, 2008
Mar 16, 2005
Aug 16, 2002
Aug 20, 1999
$650,000 Transfer
$385,000 Transfer
$297,000 Transfer
$265,000 Transfer
$222,000 Transfer
$189,000 Transfer
$162,000 Transfer
Sep 30, 1996 $138,390 Transfer
Oct 11, 1995 $1,806,000 Transfer
28 KILDONAN CRES, HAMILTON | PIN 175630206 # Year Built Bed Rooms Full Baths Half Baths Full Stories Partial Stories Split Level Fireplace 302 1996 3 1 1 2 No part storey No Split 0
56
Assessment Roll Legal Description: PLAN 62M739 PT BLK 156 & 170 RP 62R13744 PARTS 14 &
RESIDENTIAL
Area: 0.09A
Variance: Irregular
Type: Unspecified/Not Applicable Garage Type: ATTACHED GARAGE Garage Spaces: 1 Water Service Type: N/A Sanitation Type: N/A Pool: Indoor
Outdoor
Property Address: 28 KILDONAN CRES WATERDOWN ON L8B0K3 Zoning: R6 Property Type:
Site
Site
Driveway
:N,
:N
Sale Date Sale Amount Type Notes
Report Generated On GeoWarehouse Client Report | Page 4 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
Demographics
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 5 of 16 Jun 21, 2024 by
MICHAEL HEDDLE (78672)
28 KILDONAN CRES, HAMILTON | PIN 175630206 Report Generated On GeoWarehouse Client Report | Page 6 of 16 Jun 21, 2024 by
MICHAEL HEDDLE (78672)
28 KILDONAN CRES, HAMILTON | PIN 175630206 Report Generated On GeoWarehouse Client Report | Page 7 of 16 Jun 21, 2024 by
MICHAEL HEDDLE (78672)
Dominant Market Group
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 8 of 16 Jun 21, 2024 by
MICHAEL HEDDLE (78672)
28 KILDONAN CRES, HAMILTON | PIN 175630206 Report Generated On GeoWarehouse Client Report | Page 9 of 16 Jun 21, 2024 by
MICHAEL HEDDLE (78672)
Dominant Market Group
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 10 of 16 Jun 21, 2024 by
MICHAEL HEDDLE (78672)
Comparable Sales
Comparable Sales Search Results
Sales Statistics
Maximum: $1,150,000
Minimum: $792,000
Average: $996,750
Median: $1,110,000
*Standard Deviation: The
28 KILDONAN CRES, HAMILTON | PIN 175630206
smaller
number,
more similar are the sales results in the area. The larger the number, the more widely spread the sales results are in the area.
the
the
Address Date Sales Amount ($) Lot Size (sq.ft) $/sq.ft Distance (m) PIN
27 - 75 RYANS WAY, WATERDOWN Apr 26, 2024 792,000 N/A N/A 460 181980027 2 75 HOLLYBUSH DR, HAMILTON, L0R2H5 Jan 15, 2024 935,000 6,436.00 145 83 175630142
10 DALRYMPLE DRIVE, WATERDOWN Jan 26, 2024 1,110,000 5,769.00 192 282 175620578
106 HOLLYBUSH DR, HAMILTON Apr 10, 2024 1,150,000 4,606.00 250 281 175620075 Report Generated On GeoWarehouse Client Report | Page 11 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
1
3
4
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.
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 12 of 16 Jun 21, 2024 by MICHAEL
(78672)
HEDDLE
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.
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 13 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
Historical Market Trends
Average Sale Values and Growth Rates
Market Turnover Rates
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 14 of 16 Jun 21, 2024 by
(78672)
MICHAEL HEDDLE
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 53.6% higher than the average municipal growth. Worth investigating for investment potential.
Average Sales Price - Last 1 Year
$947,611
$889,500
Block Municipality
Growth Rate - Last 5 Years
Market Turnover - Last 1 Year
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 15 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
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 © 2002-2024 Teranet Inc. and its suppliers. All rights reserved.
28 KILDONAN CRES, HAMILTON | PIN 175630206
Report Generated On GeoWarehouse Client Report | Page 16 of 16 Jun 21, 2024 by MICHAEL HEDDLE (78672)
