638 Hiawatha Blvd Comparable Market Analysis Ancaster
638 HIAWATHA Boulevard Ancaster, L9G 3A5
Monday, April 19, 2021
Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.
Active Listings Address 638 HIAWATHA Boulevard 90 Judith Crescent 361 SHAVER Road 448 LODOR Street
Price
$1,399,000 $1,399,361 $1,899,990 $1,566,117
Averages:
4 4 5 4.3
3 4 3 3.4
SqFt
$/SqFt
List Date
1,613 2,330 2,323 2,089
$867.33 $600.58 $817.90 $761.94
04/17/2021 04/13/2021 03/11/2021
SqFt
$/SqFt
Sale Date
1,670 2,377 1,300 1,794 1,892 1,551 1,931 1,994 2,106 2,104 2,867 1,962
$673.65 $506.52 $929.23 $676.14 $642.71 $798.84 $647.33 $644.43 $619.55 $652.57 $592.95 $671.27
03/12/2021 03/23/2021 03/23/2021 04/05/2021 03/14/2021 04/06/2021 04/15/2021 03/18/2021 04/12/2021 03/30/2021 03/09/2021
Sold Listings Address 638 HIAWATHA Boulevard 413 Southcote Road 187 VALMONT Court 114 St. Margarets Road 17 STEEPLECHASE Drive 335 CAVENDISH Drive 210 Valridge Drive 319 Cavendish Drive 660 MOHAWK Road 164 BRIAR HILL Crescent 36 ELM HILL Boulevard 120 REMBRANDT Court
Price
$1,125,000 $1,204,000 $1,208,000 $1,213,000 $1,216,000 $1,239,000 $1,250,000 $1,285,000 $1,304,777 $1,373,000 $1,700,000 $1,283,434
Averages:
8 3 3 4 5 5 4 4 4 3 3 4.2
4 3 2 3 3 2 3 4 3 2 2 2.8
Low
Median
Average
High
Count
Comparable Price
$1,125,000
$1,267,500
$1,344,009
$1,899,990
14
Adjusted Comparable Price
$1,000,000
$1,234,000
$1,311,509
$1,807,490
14
On Average, the 'Sold' status comparable listings sold in 7 days for $1,283,434
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Details Adjust Details 638 HIAWATHA Boulevard 90 Judith Crescent 361 SHAVER Road H4104083 40097177 H3180547 MLS® # Ancaster Hamilton Ancaster City Residential Residential Residential Prop Type Freehold Freehold Freehold Sub Type Sale Sale Sale Trans Type Active Active Status Hamilton Hamilton Hamilton Region Ancaster (42) Ancaster (42) Ancaster (42) Munic/Area Oakhill / Clearview Ancaster (421) Lane Annex (427) Meadows / Maywood (422)Heights/MohawkMaple Nbrhd/Sub-Area Ancaster Heights / Mohawk 4 4 4 Beds 3.0 -25,000 4.0 2.0 Baths Total 8 10 9 # Rooms Full - Fully Finished Full - Fully Finished Full Basement 04/17/2021 04/13/2021 04/29/2016 List Date $1,399,000 $1,399,361 $675,000 List Price 5/20/2016 Sale Date $656,300 Sale Price 8 6 Parking Spaces 4 2 spaces / Attached 2 spaces / Built-In 2spaces / Garage less than .50 Acres/Range 1,613 2,330 Sqft Total/Rng 85 75 85 Lot Frontage - / 31-50 Years 2017 / 0-5 Years Year Built/Age - / 51-99 Years $6,676 / 2020 $8,500 / 2020 Taxes/Tax Year 0 Total # Units Gas Gas Gas Heat Source Forced Air Forced Air Forced Air Heat Type No / Central Air Air Conditioning Yes / Central Air Bungalow Bungalow Bungalow Style/Type
Price Total Adjustments Adjusted Price
$1,399,000 $-25,000 $1,374,000 Researched and prepared by Michael Heddle
Adjust
-50,000
$1,399,361 $-50,000 $1,349,361 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Adjust Details Adjust Details 638 HIAWATHA Boulevard 448 LODOR Street 413 Southcote Road H4100070 H4098776 H3180547 MLS® # Ancaster Ancaster Ancaster City Residential Residential Residential Prop Type Freehold Freehold Freehold Sub Type Sale Sale Sale Trans Type Active Sold Status Hamilton Hamilton Hamilton Region Ancaster (42) Ancaster (42) Ancaster (42) Munic/Area Ancaster Heights / Mohawk Ancaster (422)Heights / Mohawk Meadows / Maywood (42 Meadows / Maywood (422)Meadows / Maywood Nbrhd/Sub-Area Ancaster Heights / Mohawk 5 -25,000 8 -75,000 4 Beds 3.3 -67,500 4.0 -50,000 2.0 Baths Total 12 14 9 # Rooms Full - Fully Finished - Walk-Up Full - Fully Finished - Separate Entrance, Walk-Up Full Basement 03/11/2021 02/26/2021 04/29/2016 List Date $1,899,990 $1,199,777 $675,000 List Price 03/12/2021 5/20/2016 Sale Date $1,125,000 $656,300 Sale Price 8 10 Parking Spaces 4 3 spaces / Attached 0 spaces / None 2spaces / Garage less than .50 Acres/Range 2,323 1,670 Sqft Total/Rng 75 90 85 Lot Frontage 1998 / 16-30 Years 1956 / 51-99 Years Year Built/Age - / 51-99 Years $7,608 / 2020 $4,758 / 2020 Taxes/Tax Year Total # Units Gas Gas Gas Heat Source Forced Air Forced Air Forced Air Heat Type Air Conditioning Yes / Central Air Bungalow/Ranch - Raised Bungalow Bungalow Style/Type
Price Total Adjustments Adjusted Price
$1,899,990 $-92,500 $1,807,490 Researched and prepared by Michael Heddle
$1,125,000 $-125,000 $1,000,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Details 638 HIAWATHA Boulevard 187 VALMONT Court H4100845 H3180547 MLS® # Ancaster Ancaster City Residential Residential Prop Type Freehold Freehold Sub Type Sale Sale Trans Type Sold Status Hamilton Hamilton Region Ancaster (42) Ancaster (42) Munic/Area Parkview Heights (424) (422) Meadows / Maywood Nbrhd/Sub-Area Ancaster Heights / Mohawk 3 4 Beds 3.0 2.0 Baths Total 9 9 # Rooms Full - Partially Finished Full Basement 03/17/2021 04/29/2016 List Date $1,099,000 $675,000 List Price 03/23/2021 5/20/2016 Sale Date $1,204,000 $656,300 Sale Price 6 Parking Spaces 4 2 spaces / Attached 2spaces / Garage less than .50 Acres/Range 2,377 Sqft Total/Rng 49 85 Lot Frontage - / 16-30 Years Year Built/Age - / 51-99 Years $6,523 / 2020 Taxes/Tax Year Total # Units Gas Gas Heat Source Forced Air Forced Air Heat Type Air Conditioning Yes / Central Air Bungaloft Bungalow Style/Type
Price Total Adjustments Adjusted Price
Adjust
Details
Adjust
114 St. Margarets Road H4099587 Ancaster Residential Freehold Sale Sold Hamilton Ancaster (42) Dancaster / Nakoma / Maple Lane (425) 25,000 25,000 3 -25,000 2.0 7 Full - Partially Finished 03/12/2021 $949,900 03/23/2021 $1,208,000 6 1 spaces / Attached 1,300 75 1952 / 51-99 Years $5,032 / 2020 Gas Forced Air Bungalow
$1,204,000 $0 $1,204,000 Researched and prepared by Michael Heddle
$1,208,000 $25,000 $1,233,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Details 638 HIAWATHA Boulevard 17 STEEPLECHASE Drive H4101392 H3180547 MLS® # Ancaster Ancaster City Residential Residential Prop Type Freehold Freehold Sub Type Sale Sale Trans Type Sold Status Hamilton Hamilton Region Ancaster (42) Ancaster (42) Munic/Area Meadowlands (423) Meadows / Maywood (422) Nbrhd/Sub-Area Ancaster Heights / Mohawk 4 4 Beds 3.0 2.0 Baths Total 9 9 # Rooms Full - Fully Finished Full Basement 03/24/2021 04/29/2016 List Date $899,888 $675,000 List Price 04/05/2021 5/20/2016 Sale Date $1,213,000 $656,300 Sale Price 6 Parking Spaces 4 2 spaces / Attached 2spaces / Garage less than .50 Acres/Range 1,794 Sqft Total/Rng 79 85 Lot Frontage 1995 / 16-30 Years Year Built/Age - / 51-99 Years $6,117 / 2020 Taxes/Tax Year Total # Units Gas Gas Heat Source Forced Air Forced Air Heat Type Air Conditioning Yes / Central Air Bungalow Bungalow Style/Type
Price Total Adjustments Adjusted Price
Adjust
Details
Adjust
335 CAVENDISH Drive H4099813 Ancaster Residential Freehold Sale Sold Hamilton Ancaster (42) Dancaster / Nakoma / Maple Lane (425) 5 -25,000 -25,000 -25,000 3.0 11 Full - Fully Finished 03/09/2021 $999,900 03/14/2021 $1,216,000 6 2 spaces / Attached 1,892 50 - / 16-30 Years $5,974 / 2020 Gas Forced Air Bungalow
$1,213,000 $-25,000 $1,188,000 Researched and prepared by Michael Heddle
$1,216,000 $-50,000 $1,166,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Details 638 HIAWATHA Boulevard 210 Valridge Drive H4102029 H3180547 MLS® # Ancaster Ancaster City Residential Residential Prop Type Freehold Freehold Sub Type Sale Sale Trans Type Sold Status Hamilton Hamilton Region Ancaster (42) Ancaster (42) Munic/Area Parkview Heights (424) (422) Meadows / Maywood Nbrhd/Sub-Area Ancaster Heights / Mohawk 5 4 Beds 2.1 2.0 Baths Total 9 9 # Rooms Full - Fully Finished Full Basement 04/01/2021 04/29/2016 List Date $950,000 $675,000 List Price 04/06/2021 5/20/2016 Sale Date $1,239,000 $656,300 Sale Price 6 Parking Spaces 4 2 spaces / Attached 2spaces / Garage less than .50 Acres/Range 1,551 Sqft Total/Rng 50 85 Lot Frontage 2003 / 16-30 Years Year Built/Age - / 51-99 Years $6,007 / 2020 Taxes/Tax Year Total # Units Gas Gas Heat Source Forced Air Forced Air Heat Type Air Conditioning Yes / Central Air Bungalow Bungalow Style/Type
Price Total Adjustments Adjusted Price
Adjust
Details
Adjust
319 Cavendish Drive H4102856 Ancaster Residential Freehold Sale Sold Hamilton Ancaster (42) Dancaster / Nakoma / Maple Lane (425) -25,000 4 -25,000 -12,500 3.0 9 Full - Fully Finished 04/06/2021 $999,900 04/15/2021 $1,250,000 6 2 spaces / Built-In 1,931 60 1998 / 16-30 Years $6,117 / 2020 Gas Forced Air Bungalow
$1,239,000 $-37,500 $1,201,500 Researched and prepared by Michael Heddle
$1,250,000 $-25,000 $1,225,000 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Details Adjust Details Adjust 638 HIAWATHA Boulevard 660 MOHAWK Road 164 BRIAR HILL Crescent 40080803 H4102994 H3180547 MLS® # Ancaster Ancaster Ancaster City Residential Residential Residential Prop Type Freehold Freehold Freehold Sub Type Sale Sale Sale Trans Type Sold Sold Status Hamilton Hamilton Hamilton Region Ancaster (42) Ancaster (42) Ancaster (42) Munic/Area Ancaster Heights / Mohawk Ancaster (422)Heights / Mohawk Meadows / Maywood (42 Meadows / Maywood (422)Meadows / Maywood Nbrhd/Sub-Area Ancaster Heights / Mohawk 4 4 4 Beds 4.0 -50,000 3.0 -25,000 2.0 Baths Total 17 10 9 # Rooms Full - Fully Finished Full - Fully Finished - Walk-Out Full Basement 03/15/2021 04/08/2021 04/29/2016 List Date $1,099,900 $1,299,900 $675,000 List Price 03/18/2021 04/12/2021 5/20/2016 Sale Date $1,285,000 $1,304,777 $656,300 Sale Price 20 6 Parking Spaces 4 4 spaces / Attached 2 spaces / Attached, Inside Entry 2spaces / Garage less than .50 Acres/Range 1,994 2,106 Sqft Total/Rng 77 71 85 Lot Frontage 2009 / 6-15 Years 1982 / 31-50 Years Year Built/Age - / 51-99 Years $7,430 / 2020 $7,772 / 2020 Taxes/Tax Year 0 Total # Units Gas Gas Heat Source Forced Air, Other (see Remarks) Forced Air Forced Air Heat Type No / Central Air Air Conditioning Yes / Central Air Bungalow Bungalow Bungalow Style/Type
Price Total Adjustments Adjusted Price
$1,285,000 $-50,000 $1,235,000 Researched and prepared by Michael Heddle
$1,304,777 $-25,000 $1,279,777 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5 Monday, April 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property Details Adjust Details 638 HIAWATHA Boulevard 36 ELM HILL Boulevard 120 REMBRANDT Court H4101476 H4098983 H3180547 MLS® # Ancaster Ancaster Ancaster City Residential Residential Residential Prop Type Freehold Freehold Freehold Sub Type Sale Sale Sale Trans Type Sold Sold Status Hamilton Hamilton Hamilton Region Ancaster (42) Ancaster (42) Ancaster (42) Munic/Area Ancaster Heights / Mohawk (422)Heights (424) Parkview Meadows / Maywood (422)Meadows / Maywood Nbrhd/Sub-Area Ancaster Heights / Mohawk 3 25,000 3 4 Beds 2.1 -12,500 2.1 2.0 Baths Total 9 7 9 # Rooms Full - Fully Finished Full - Partially Finished Full Basement 03/24/2021 03/02/2021 04/29/2016 List Date $1,295,000 $1,649,700 $675,000 List Price 03/30/2021 03/09/2021 5/20/2016 Sale Date $1,373,000 $1,700,000 $656,300 Sale Price 4 6 Parking Spaces 4 2 spaces / Attached 2 spaces / Attached 2spaces / Garage less than .50 Acres/Range 2,104 2,867 Sqft Total/Rng 77 59 85 Lot Frontage - / 51-99 Years - / 6-15 Years Year Built/Age - / 51-99 Years $7,091 / 2020 $10,403 / 2020 Taxes/Tax Year Total # Units Gas Gas Gas Heat Source Forced Air Forced Air Forced Air Heat Type Air Conditioning Yes / Central Air Bungalow Bungaloft Bungalow Style/Type
Price Total Adjustments Adjusted Price
$1,373,000 $12,500 $1,385,500 Researched and prepared by Michael Heddle
Adjust
25,000 -12,500
$1,700,000 $12,500 $1,712,500 Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5
Monday, April 19, 2021
Minimums and Maximums This page summarizes key fields of the listings in this analysis.
The listings in this analysis can be summarized as follows: Listing Price between $899,888 and $1,899,990 Sale Price between $1,125,000 and $1,700,000 1,300 to 2,867 Square Feet $462.35 to $867.33 per Square Foot $506.52 to $929.23 per Sold Square Foot
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, Ontario
Monday, April 19, 2021
Number of Days On Market This chart illustrates the level of excitement and interest in a new listing over time. It also demonstrates the importance of pricing correctly. When a property is first listed, it generates a very high level of interest from prospective buyers, which reduces dramatically over time. It is important to be priced correctly from the beginning, during the peak of this curve.
Days On Market 40
Days On Market
35 30 25 20
DOM
15 10 5
H
41
0 40 408 09 3 H 717 41 7 00 0 H 41 70 02 H 9 41 94 0 H 285 41 6 02 H 0 41 29 0 H 147 41 6 01 3 H 41 92 00 40 84 08 5 H 080 40 3 99 8 H 40 13 99 H 5 40 87 98 9 H 40 83 98 77 6
0
MLS® #
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, Ontario
Monday, April 19, 2021
CMA Map Layout This page displays the Map for the CMA Subject and your comparables . 638 HIAWATHA Boulevard, Ancaster 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Researched and prepared by Michael Heddle
90 Judith Crescent, Ancaster 361 SHAVER Road, Hamilton 448 LODOR Street, Ancaster 164 BRIAR HILL Crescent, Ancaster 319 Cavendish Drive, Ancaster 210 Valridge Drive, Ancaster 36 ELM HILL Boulevard, Ancaster 17 STEEPLECHASE Drive, Ancaster 187 VALMONT Court, Ancaster 660 MOHAWK Road, Ancaster 335 CAVENDISH Drive, Ancaster 114 St. Margarets Road, Ancaster 120 REMBRANDT Court, Ancaster 413 Southcote Road, Ancaster
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, Ontario
Monday, April 19, 2021
List Price and Sale Price This graph illustrates the list price, along with the sale price in Sold listings.
Price Graph 2000K
1600K
Price
1200K List Price Sale Price
800K
400K
40
H
41
04 0
8 09 3 71 H 41 77 00 0 H 41 70 02 9 H 41 94 02 8 H 41 56 02 0 H 41 29 01 4 H 41 76 01 3 H 41 92 00 40 84 08 5 08 H 40 03 99 8 H 40 13 99 5 H 40 87 98 9 H 40 83 98 77 6
0K
MLS® #
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5
Monday, April 19, 2021
Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis. Status: Active MLS® # H4104083
List Date
Address
04/17/2021
90 Judith Crescent
Prop Sub Type Freehold
SqFt
Bds
Bth
L Price
1,613
4
3.0
$1,399,000
S Price
SP/LP
DOM 2
40097177
04/13/2021
361 SHAVER Road
Freehold
2,330
4
4.0
$1,399,361
6
H4100070
03/11/2021
448 LODOR Street
Freehold
2,323
5
3.3
$1,899,990
39
2,089
4.3
3.4
$1,566,117
16
Averages:
Status: Sold Sale Date
Address
SqFt
Bds
Bth
L Price
H4101392
04/05/2021
17 STEEPLECHASE Drive
Freehold
1,794
4
3.0
$899,888
$1,213,000
134.8
12
H4099587
03/23/2021
114 St. Margarets Road
Freehold
1,300
3
2.0
$949,900
$1,208,000
127.2
11
H4102029
04/06/2021
210 Valridge Drive
Freehold
1,551
5
2.1
$950,000
$1,239,000
130.4
5
H4102856
04/15/2021
319 Cavendish Drive
Freehold
1,931
4
3.0
$999,900
$1,250,000
125.0
9 5 6
MLS® #
Prop Sub Type
S Price
SP/LP
H4099813
03/14/2021
335 CAVENDISH Drive
Freehold
1,892
5
3.0
$999,900
$1,216,000
121.6
H4100845
03/23/2021
187 VALMONT Court
Freehold
2,377
3
3.0
$1,099,000
$1,204,000
109.6
DOM
40080803
03/18/2021
660 MOHAWK Road
Freehold
1,994
4
4.0
$1,099,900
$1,285,000
116.8
3
H4098776
03/12/2021
413 Southcote Road
Freehold
1,670
8
4.0
$1,199,777
$1,125,000
93.8
14
H4101476
03/30/2021
36 ELM HILL Boulevard
Freehold
2,104
3
2.1
$1,295,000
$1,373,000
106.0
6
H4102994
04/12/2021
164 BRIAR HILL Crescent
Freehold
2,106
4
3.0
$1,299,900
$1,304,777
100.4
4
H4098983
03/09/2021
120 REMBRANDT Court
Freehold
2,867
3
2.1
$1,649,700
$1,700,000
103.0
7
1,962
4.2
2.8
$1,131,170
$1,283,434
115.3
7
Averages:
Summary Status Active
Total 3
Avg Price
Avg $ Per SqFt
$1,566,117
$761.94
Median $1,399,361
Low
High
$1,399,000
Avg DOM
$1,899,990
16
Sold
11
$1,283,434
$671.27
$1,239,000
$1,125,000
$1,700,000
7
Total
14
$1,344,009
$690.70
$1,267,500
$1,125,000
$1,899,990
9
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, L9G 3A5
Monday, April 19, 2021
Pricing Recommendation General Facts About Pricing... There are certain factors that are within our control and some factors beyond our control when it comes to setting the price. Those factors within our control are: the appearance of the property, how aggressively we market the property and the price. Factors outside our control are: location of property, size and local amenities. It's important to accept those factors that are beyond our control and focus on the pricing and preparation. A property priced at market value will attract more buyers than a home priced above market value. Consider that a competitively priced property will also attract a greater number of potential buyers and increase your opportunity for a quick sale.
Market Statistics... Sell Price Per Sq. Ft. Statistics
Sell Price Statistics Average Price: $1,257,300
Average Price/Sq Ft:
$657
High Price: $1,712,500
High Price/Sq Ft:
$948
Median Price: $1,225,000
Median Price/Sq Ft:
$619
Low Price: $1,000,000
Low Price/Sq Ft:
$507
Figures are based on selling price after adjustments, and rounded to the nearest $100.
Summary... After analyzing your property, comparable properties on the market now, recent sales and comparable properties that failed to sell, I conclude that in the current market, your property is most likely to sell for .
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
638 HIAWATHA Boulevard Ancaster, Ontario
Monday, April 19, 2021
Market Analysis Explanation This is an explanation and overview of this market analysis.
This Comparative Market Analysis will help to determine the correct selling price of your home. Ultimately, the correct selling price is the highest possible price the market will bear. This market analysis is divided into three categories: 1. Comparable homes that are currently for sale 2. Comparable homes that were recently sold 3. Comparable homes that failed to sell Looking at similar homes that are currently offered for sale , we can assess the alternatives that a serious buyer has from which to choose. We can also be sure that we are not under pricing your home. Looking at similar homes that were sold in the past few months, we can see a clear picture of how the market has valued homes that are comparable to yours. Banks and other lending institutions also analyze these sales to determine how much they can lend to qualified buyers. Looking at similar homes that failed to sell, we can avoid pricing at a level that would not attract buyers. This Comparative Market Analysis has been carefully prepared for you , analyzing homes similar to yours. The aim of this market analysis is to achieve the maximum selling price for your home, while being able to sell your home within a relatively short period of time.
Researched and prepared by Michael Heddle
Royal LePage State Realty
This is a comparative market analysis and should not be considered an appraisal. All information regardless of source is deemed reliable but not guaranteed. All rights reserved. Copyright RAHB 2021.
APPENDIX A: MPAC Assessment vs. Market Sale Price
APPENDIX A - MPAC Assessment vs. Market Sale Price Status Subject Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
Address 638 Hiawatha Blvd. 413 Southcote Rd. 187 Valmont Crt. 114 St. Margarets Rd. 17 Steeplechase Rd. 335 Cavendish Dr. 210 Valridge Dr. 319 Cavendish Dr. 660 Mohawk Rd. 164 Briar Hill 36 Elm Hill Blvd. 120 Rembrant Crt.
MPAC $ $ $ $ $ $ $ $ $ $ $ $
Sale Price 627,000 434,000 595,000 459,000 558,000 545,000 548,000 558,000 678,000 709,000 647,000 949,000
$ 1,125,000 $ 1,204,000 $ 1,208,000 $ 1,213,000 $ 1,216,000 $ 1,239,000 $ 1,250,000 $ 1,285,000 $ 1,304,777 $ 1,373,000 $ 1,700,000 AVERAGE
% Difference 159.22% 102.35% 163.18% 117.38% 123.12% 126.09% 124.01% 89.53% 84.03% 112.21% 79.14% 116.39%
Based on an analysis of the average MPAC assessment value versus the market sale price of comparable properties, the estimated "market" value of the subject property is: Average $ 1,356,752 Range $ 1,123,182 to NOTE: * denotes properties included in the "Direct Comparison Approach".
$ 1,650,144
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: 85.00 Front Ft @ Actual Age: Effective Age:
8500
$ 722,500.00
62 years 10 years
Improvements: Building Basement Garage Landscaping
1930 Sq. ft. 630 *Sq. ft.
@ @ @
Cost New Depreciation @ 7% $ 579,000.00 $ 38,600.00 $ 63,000.00 $ 4,200.00 $ $ $ 200,000.00 $ 13,333.33 Total Current Value of All Improvements Indicated Value by the Cost Approach Value Rounded to $300 $100 $0
Current Value $ 540,400.00 $ 58,800.00 $ $ 186,666.67 $ 785,866.67
$ 785,866.67 $ 1,508,366.67 $ 1,500,000.00
* estimate square footage The cost approach value has a minimal value in terms of deriving market value since the Land Value is a difficult value to derive based on comparable available market values in the area. Thus, this method of deriving value is only presented for the purpose of an alternative analytical tool used inorder to provide "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is not an accuarate representation of "market" value and the "Direct Comparison Approach to Value" illustrates a more accurate representation of value. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.
APPENDIX C: Sale Price vs. Market Change
APPENDIX C - Sale Price vs. Market Change
Monthly
Average Sale Value Median Sale Value
$ $
Nov-14 618,657.00 597,000.00
$ $
Mar-21 1,128,760.00 1,050,000.00
% Change 82.45% 75.88%
Annual
Average Sale Value Median Sale Value
$ $
YTD 2014 619,638.00 592,323.00
$ $
YTD 2021 1,103,949.00 1,004,739.00
% Change 78.16% 69.63%
Subject Property 638 Hiawatha Blvd
$
Sale Price 656,300.00
Monthly Annual
Adjusted Value (vs. Average) Adjusted Value (vs. Median) Adjusted Value (vs. Average) Adjusted Value (vs. Median)
$ $ $ $
1,197,440.89 1,154,296.48 1,169,266.13 1,113,261.19
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: Market Adjustment $ 1,158,566 Value Added: $ 250,000 ROI: 70% Estimate of value (Range): $ 1,288,261 to $ 1,372,441 However, this method of deriving value is only presented as an alternative analytical tool to provide the Seller with additional "actual" statistical information regarding the subject property. Furthermore, it is noted that this method of deriving value is typically not as accurate as traditional valuation methods such as the "Direct Comparison Approach to Value" and the "Cost Approach to Value". Thus, the relative significance of this method of deriving value is extremely low. The information contained herein is provided for analytical purposes only and Royal LePage State Realty, Brokerage makes NO representations and/or warranties regarding the accuracy of this information and the relationship between this information and true market value.
APPENDIX D: MPAC Enhanced Report
GeoWarehouse AVM Enhanced Residential Report Property Address
638 HIAWATHA BLVD
Municipality
HAMILTON CITY
Real Time Market Value (AVM)
$ 1,176,000
Valuation Date (yyyymmdd)
20210414
Lower Confidence Limit
$ 1,137,000
Upper Confidence Limit
$ 1,312,000
Confidence Rating (H=High, M=Medium, L=Low)
M
Property Type
301 - Single-family detached (not on water)
Year Built
1959
Total Area (Above Grade) (sq ft)
1930
Basement Finished Area (sq ft)
630
Number of Bedrooms
3
Number of Full Bathrooms
1
Number of Half Bathrooms
1
Frontage (ft)
85
Depth (ft)
149
Site Area
12632.4 F
Generated on 04/19/2021
Copyright © All rights reserved Municipal Property Assessment Corporation. Not to be reproduced by any means or distributed in any manner, in whole or in part, without prior written permission. Page 1 of 1
APPENDIX E: Geowarehouse Enhanced Report
Client Report Generated on 2021
This report was prepared by:
638 HIAWATHA BLVD ANCASTER PIN 174400112
MICHAEL HEDDLE SALES REPRESENTATIVE mikeheddle@royallepage.ca www.mikeheddle.ca
ROYAL LEPAGE STATE REALTY Office: (905)574-7441 Fax: (905)662-2227
GeoWarehouse is a product of Teranet Real Estate Information Solutions
© 2021 Teranet Inc.
638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Property Details GeoWarehouse Address:
638 HIAWATHA BLVD ANCASTER L9G3A5 PIN:
174400112
Land Registry Office:
HAMILTON WENTWORTH (62)
Land Registry Status:
Active
Registration Type:
Certified (Land Titles)
Ownership Type:
Freehold
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Lot Size Area:
11808.0 sq.ft
Perimeter:
449.48 ft
Measurements:
85.18ft x 148.49ft x 87.4ft x 128.87ft Lot Measurement Accuracy : HIGH Measurements are based on coordinate geometry, providing a high degree of confidence that the measurement calculations are within an acceptable variance of the
Assessment Information ARN Phased-In Value
Assessed Value
$627,000
$627,000
2021 Tax Year
Based on Jan 1, 2016
251814027036400
Frontage: Depth:
85.0 ft 149.0 ft
Description:
Single-family detached (not on water)
Property Code:
301
Sales History Sale Date
Sale Amount Type
Aug 26, 2016
$656,300
Transfer
Oct 15, 1991
$165,000
Transfer
Notes
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Demographics
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Dominant Market Group
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Dominant Market Group
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Comparable Sales
Comparable Sales Search Results Address
Date
Sales Amount
Lot Size
($)
(sq.ft)
$/ sq.ft
Distance
PIN
(m)
1
132 ALGONQUIN AVE, ANCASTER, L9G3C5
Apr 24, 2020
0
14,283.00
N/A
164
174400130
2
133 ONEIDA BLVD, ANCASTER, L9G3C7
Dec 07, 2020
0
12,518.00
N/A
412
174390054
3
96 ONEIDA BLVD, ANCASTER, L9G4S6
Nov 18, 2020
400,000
6,899.00
58
231
174400189
4
151 SENECA CRT, ANCASTER, L9G3C1
Jul 21, 2020
710,000
16,705.00
43
360
174390037
5
594 TOMAHAWK CRES, HAMILTON, L9G3T5
Nov 02, 2020
747,594
4,413.00
169
428
174390152
6
112 ONEIDA BLVD, ANCASTER, L9G3C8
Dec 01, 2020
780,000
10,667.00
73
210
174400175
7
158 ALGONQUIN AVE, HAMILTON, L9G3C6
Nov 20, 2020
850,000
9,407.00
90
217
174400127
8
665 TOMAHAWK CRES, HAMILTON, L9G3N2
Sep 09, 2020
850,000
7,018.00
121
247
174400021
9
80 ONEIDA BLVD, HAMILTON, L9G4S5
Aug 04, 2020
855,000
9,762.00
88
254
174400035
10
124 ONEIDA BLVD, ANCASTER, L9G3C9
Mar 31, 2021
925,124
10,667.00
87
301
174390029
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Sales Statistics Maximum:
$925,124
Minimum:
$0
Average:
$611,771
Median:
$780,000
*Standard Deviation: The smaller the number, the more similar are the sales results in the area. The larger the number, the more widely spread the sales results are in the area.
Area Heat Maps Average Sales Heat Maps - Last 1 Year Block
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Growth Rate Heat Maps - Last 5 Years Block
Market Turnover Heat Maps - Last 1 Year Block
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Historical Market Trends Average Sale Values and Growth Rates
Market Turnover Rates
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
Market Statistics Area Map Average Sales Price - Last 1 Year
$722,500
$775,336 Municipality
Block
Growth Rate - Last 5 Years
Market Turnover - Last 1 Year
5 Year Analysis Stable Value - With average property values 5.3% higher than the municipal average and properties turning over 19.9% less, property owners are comfortable setting roots in the community.
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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638 HIAWATHA BLVD, ANCASTER | PIN 174400112
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.
GeoWarehouse is a product of Teranet Real Estate Information Solutions
Report Generated On Apr 19, 2021 by MICHAEL HEDDLE (78672)
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APPENDIX F: CREA Home Price Index [HPI]
Current Price Estimate Using Historical HPI Trends The MLS® HPI is not designed to predict the value of an individual property. This information is for estimation purposes only; no warranties or representations are made of any kind.
Subarea/Property Type Selection Ancaster Heights / Mohawk Meadows / Maywood, 1 Storey SF
1. Select a subarea and property type combination from the dropdown Please note: HPI Benchmark property type-subarea combinations are available only for those subareas with enough sales
Select Previous Date of Sale May 2016
2. Choose the previous sale date
Previous Sale Price $656,300
3. Input the previous selling price and hit Enter
Based on HPI trends for 1 Storey SF homes in Ancaster Heights / Mohawk Meadows / Maywood and a previous selling price of $656,300 in May 2016, the estimated price in March 2021 would be $1,240,700
Note: Areas with insufficient sales are not included in the HPI. Source: REALTORS® Association of Hamilton-Burlington