Researched and prepared by
Shawna Connelly
Subject Property
222 JACKSON Street W #405 Hamilton, Ontario
Prepared exclusively for
L8P 4S5
Michael & Anna Casciano Prepared on February 19, 2021
Shawna Connelly Royal LePage State Realty 115 #8 Highway Stoney Creek, ON L8G 1C1 (905) 662-6666 shawnaconnelly@royallepage.ca
Copyright: 2021 All rights reserved. All rights reserved. Information is from sources deemed reliable, but not guaranteed. Unauthorized distribution, reproduction, or sale of this data is prohibited. This is a broker price opinion or comparative market analysis and should not be considered an appraisal. In making any decision that relies upon my work, you should know that I have not followed the guidelines for development of an appraisal or analysis contained in the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.
222 JACKSON Street W #405 Hamilton, L8P 4S5
Friday, February 19, 2021
Summary of Comparable Listings This page summarizes the comparable listings contained in this market analysis.
Active Listings Address 222 JACKSON Street W #405 135 James Street S #1208, Hamilton 135 JAMES Street S #106, Hamilton
Price
$369,900 $399,900 $384,900
Averages:
2 2 2.0
2 2 2.0
SqFt 975 1,050 900 975
$/SqFt 235.9 $352.29 $444.33 $398.31
1 2 2 2 1 1 2 2 1 2 2 1 1 1.5
SqFt 975 950 1,020 1,050 1,010 1,005 948 1,050 1,050 948 1,020 1,050 900 835 987
$/SqFt 235.9 $325.26 $324.51 $321.43 $336.63 $346.27 $369.20 $333.33 $338.10 $375.26 $349.02 $345.90 $405.56 $455.09 $355.81
List Date
02/07/2021 02/16/2021
Sold Listings Address 222 JACKSON Street W #405 25 Mountwood Avenue #14, Hamilton 135 James Street S #210, Hamilton 135 JAMES Street S #1008, Hamilton 135 JAMES Street S #1002, Hamilton 120 DUKE Street #201, Hamilton 362 JOHN Street S #5, Hamilton 135 JAMES Street S #508, Hamilton 135 JAMES Street S #408, Hamilton 174 HERKIMER Street #304, Hamilton 135 James Street S #310, Hamilton 135 JAMES Street S #808, Hamilton 69 Herkimer Street #603, Hamilton 9 Rockwood Place #8, Hamilton
Price
$309,000 $330,999 $337,500 $340,000 $348,000 $350,000 $350,000 $355,000 $355,750 $356,000 $363,200 $365,000 $380,000 $349,265
Averages:
2 2 2 2 2 2 2 2 2 2 2 2 2 2.0
Sale Date
11/02/2020 02/01/2021 11/25/2020 08/29/2020 01/15/2021 01/29/2021 08/25/2020 01/27/2021 11/30/2020 02/11/2021 08/28/2020 01/28/2021 02/09/2021
Low
Median
Average
High
Count
Comparable Price
$309,000
$355,000
$354,017
$399,900
15
Adjusted Comparable Price
$316,500
$348,500
$352,017
$392,400
15
On Average, the 'Sold' status comparable listings sold in 21 days for $349,265
Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
135 James Street S #1208 H4097183 Hamilton Residential Condominium Sale Active Hamilton Hamilton West (12) Durand North (122) 2 2.0 4
Adjust
Details
Adjust
135 JAMES Street S #106 H4097869 Hamilton Residential Condominium Sale Active Hamilton Hamilton West (12) Durand North (122) 2 -7,500 2.0 4
02/07/2021 $369,900
02/16/2021 $399,900
0 0 spaces / None
1 1 spaces / Underground
1,050 0 - / 6-15 Years $3,305 / 2020
900
Gas
Gas Forced Air
1 Storey/Apartment Style 0 0
1 Storey/Apartment Style
-7,500
1967 / 16-30 Years $3,607 / 2020
$369,900 $-7,500 $362,400 Researched and prepared by Shawna Connelly
$399,900 $-7,500 $392,400 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
25 Mountwood Avenue #14 H4091397 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand South (124) 2 1.0 5
Adjust
Details
Adjust
135 James Street S #210 H4093874 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 7,500 2.0 5
10/22/2020 $309,900 11/02/2020 $309,000 0 - / None
11/28/2020 $329,900 02/01/2021 $330,999 0 - / None
950
1,020
- / 51-99 Years $1,284 / 2020
- / 6-15 Years $3,138 / 2020
Gas Radiant
Gas Forced Air
1 Storey/Apartment Style
1 Storey/Apartment Style
$309,000 $7,500 $316,500 Researched and prepared by Shawna Connelly
-7,500
$330,999 $-7,500 $323,499 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
135 JAMES Street S #1008 H4092833 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand South (124) 2 2.0 4 None 11/11/2020 $340,000 11/25/2020 $337,500 0 0 spaces / None
Adjust
Details
Adjust
135 JAMES Street S #1002 H4085898 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand South (124) 2 -7,500 2.0 4 None 08/20/2020 $339,905 08/29/2020 $340,000 0 0 spaces / Underground
1,050 0 - / 16-30 Years $3,304 / 2020
1,010
Gas Well Forced Air
Gas Forced Air
1 Storey/Apartment Style 0 0
1 Storey/Apartment Style
-7,500
- / 16-30 Years $3,185 / 2020
$337,500 $-7,500 $330,000 Researched and prepared by Shawna Connelly
$340,000 $-7,500 $332,500 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
Adjust
Details
Adjust
120 DUKE Street #201 H4095308 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand South (124) 2 1.1 4 None - Unfinished 01/07/2021 $338,800 01/15/2021 $348,000 1 1 spaces / Underground
362 JOHN Street S #5 H4095978 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Kirkendall West (120) 2 1.0 5
1,005 - / 31-50 Years $1,794 / 2020
948 0 - / 51-99 Years $1,996 / 2020
Gas Forced Air
Gas Hot Water
1 Storey/Apartment Style
1 Storey/Apartment Style 0 0
7,500
01/29/2021 $350,000 01/29/2021 $350,000 1 - / None
Unfinished
$348,000 $0 $348,000 Researched and prepared by Shawna Connelly
$350,000 $7,500 $357,500 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
135 JAMES Street S #508 H4083048 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 2.0 4 07/17/2020 $358,000 08/25/2020 $350,000 1 1 spaces / Underground
Adjust
Details
Adjust
135 JAMES Street S #408 H4096180 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 -7,500 2.0 4 None - Unfinished 01/25/2021 $349,900 01/27/2021 $355,000 0 0 spaces / None
1,050 0 - / 16-30 Years $3,304 / 2020
1,050 0 1967 / 51-99 Years $3,209 / 2020
Gas Forced Air
Gas Forced Air
1 Storey/Apartment Style 0 0
1 Storey/Apartment Style 0 0 Unfinished
$350,000 $-7,500 $342,500 Researched and prepared by Shawna Connelly
-7,500
$355,000 $-7,500 $347,500 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
174 HERKIMER Street #304 H4091481 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 1.0 5 None 10/22/2020 $365,000 11/30/2020 $355,750 1 0 spaces / None
Adjust
Details
Adjust
135 James Street S #310 H4095981 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 7,500 2.0 5
-7,500
01/26/2021 $339,900 02/11/2021 $356,000 0 - / None
948 0 1960 / 51-99 Years $2,175 / 2020
1,020
Gas Radiant
Gas
1 Storey/Apartment Style 0 0
1 Storey/Apartment Style
- / 6-15 Years $3,138 / 2020
$355,750 $7,500 $363,250 Researched and prepared by Shawna Connelly
$356,000 $-7,500 $348,500 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
135 JAMES Street S #808 H4085983 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 2.0 4 08/20/2020 $358,000 08/28/2020 $363,200 1 1 spaces / Underground
Adjust
Details
Adjust
69 Herkimer Street #603 H4094087 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Durand North (122) 2 -7,500 1.0 4 None - Unfinished 12/02/2020 $399,900 01/28/2021 $365,000 1 - / None
1,050 0 1967 / 51-99 Years $3,304 / 2020
900
Gas
Gas Baseboard, Radiant
1 Storey/Apartment Style 0 0
1 Storey/Apartment Style
7,500
- / 51-99 Years $1,560 / 2020
Unfinished
$363,200 $-7,500 $355,700 Researched and prepared by Shawna Connelly
$365,000 $7,500 $372,500 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.
222 JACKSON Street W #405 Hamilton, L8P 4S5 Friday, February 19, 2021
CMA Price Adjustments This page outlines the subject property versus comparables properties.
Subject Property 222 JACKSON Street W #405 H4083846 MLS® # Hamilton City Residential Prop Type Condominium Sub Type Sale Trans Type Status Hamilton Region Hamilton West (12) Munic/Area Nbrhd/Sub-Area Durand North (122) 2 Beds 1.1 Baths Total 4 # Rooms None Basement 07/28/2020 List Date $239,900 List Price 8/25/2020 Sale Date $230,000 Sale Price Parking Spaces 1 1spaces / Underground Garage less than .50 Acres/Range Sqft Total/Rng 975 Lot Frontage Year Built/Age - / 31-50 Years Taxes/Tax Year Total # Units Gas Heat Source Forced Air Heat Type Air Conditioning - / None 1 Storey/Apartment Style Style/Type Frontage Depth Bsmnt Finish
Price Total Adjustments Adjusted Price
Details
9 Rockwood Place #8 H4097313 Hamilton Residential Condominium Sale Sold Hamilton Hamilton West (12) Kirkendall West (120) 2 1.0 5
Adjust
7,500
02/09/2021 $324,900 02/09/2021 $380,000 1 0 spaces / None 835 - / 51-99 Years $1,854 / 2020 Gas Radiant 1 Storey/Apartment Style
$380,000 $7,500 $387,500 Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, L8P 4S5
Friday, February 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 $309,900 and $399,900 Sale Price between $309,000 and $380,000 835 to 1,050 Square Feet $323.43 to $444.33 per Square Foot $321.43 to $455.09 per Sold Square Foot
Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, Ontario
Friday, February 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 70
Days On Market
60 50 40 DOM
30 20 10
H
H
40
97 40 869 9 H 73 40 13 9 H 71 40 83 9 H 59 40 78 9 H 59 40 81 9 H 61 40 80 9 H 53 40 08 9 H 40 40 87 9 H 38 40 74 9 H 28 40 33 9 H 13 40 97 9 H 14 40 81 8 H 59 40 83 8 H 58 40 98 83 04 8
0
MLS® #
Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, Ontario
Friday, February 19, 2021
List Price and Sale Price This graph illustrates the list price, along with the sale price in Sold listings.
Price Graph 400K 350K 300K
Price
250K List Price Sale Price
200K 150K 100K 50K
H
H
40
97 40 869 9 H 731 40 9 3 H 718 40 95 3 H 40 978 9 H 598 40 9 1 H 618 40 9 0 H 530 40 94 8 H 40 087 9 H 387 40 9 4 H 283 40 91 3 H 40 397 9 H 148 40 8 1 H 598 40 3 8 H 589 40 83 8 04 8
0K
MLS® #
Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, L8P 4S5
Friday, February 19, 2021
Brief Summary of Compared Listings This report summarizes the comparable listings contained in this market analysis. Status: Active List Date
Address
H4097183
02/07/2021
135 James Street S #1208
Condominium
H4097869
02/16/2021
135 JAMES Street S #106
Condominium
MLS® #
Prop Sub Type
Averages:
SqFt
Bds
Bth
L Price
1,050
2
2.0
$369,900
S Price
SP/LP
DOM 12
900
2
2.0
$399,900
3
975
2.0
2.0
$384,900
8
SqFt
Bds
Bth
L Price
S Price
Status: Sold Sale Date
Address
H4091397
11/02/2020
25 Mountwood Avenue #14
Condominium
950
2
1.0
$309,900
$309,000
99.7
11
H4097313
02/09/2021
9 Rockwood Place #8
Condominium
835
2
1.0
$324,900
$380,000
117.0
0
H4093874
02/01/2021
135 James Street S #210
Condominium
1,020
2
2.0
$329,900
$330,999
100.3
65
H4095308
01/15/2021
120 DUKE Street #201
Condominium
1,005
2
1.1
$338,800
$348,000
102.7
8
H4095981
02/11/2021
135 James Street S #310
Condominium
1,020
2
2.0
$339,900
$356,000
104.7
16 9
MLS® #
Prop Sub Type
SP/LP
DOM
H4085898
08/29/2020
135 JAMES Street S #1002
Condominium
1,010
2
2.0
$339,905
$340,000
100.0
H4092833
11/25/2020
135 JAMES Street S #1008
Condominium
1,050
2
2.0
$340,000
$337,500
99.3
14
H4096180
01/27/2021
135 JAMES Street S #408
Condominium
1,050
2
2.0
$349,900
$355,000
101.5
2
H4095978
01/29/2021
362 JOHN Street S #5
Condominium
948
2
1.0
$350,000
$350,000
100.0
0
H4085983
08/28/2020
135 JAMES Street S #808
Condominium
1,050
2
2.0
$358,000
$363,200
101.5
8
H4083048
08/25/2020
135 JAMES Street S #508
Condominium
1,050
2
2.0
$358,000
$350,000
97.8
39
H4091481
11/30/2020
174 HERKIMER Street #304
Condominium
948
2
1.0
$365,000
$355,750
97.5
39 57 21
H4094087
01/28/2021
69 Herkimer Street #603
Condominium
Averages:
900
2
1.0
$399,900
$365,000
91.3
987
2.0
1.5
$346,470
$349,265
101.0
Summary Status
Total
Avg Price
Avg $ Per SqFt
Median
Low
High
Avg DOM
2
$384,900
$398.31
$384,900
$369,900
$399,900
8
Sold
13
$349,265
$355.81
$350,000
$309,000
$380,000
21
Total
15
$354,017
$361.48
$355,000
$309,000
$399,900
19
Active
Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, L8P 4S5
Friday, February 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:
$348,100
Average Price/Sq Ft:
$355
High Price:
$387,500
High Price/Sq Ft:
$464
Median Price:
$348,000
Median Price/Sq Ft:
$339
Low Price:
$316,500
Low Price/Sq Ft:
$314
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 $349,900.
Researched and prepared by Shawna Connelly
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.
222 JACKSON Street W #405 Hamilton, Ontario
Friday, February 19, 2021
CMA Map Layout This page displays the Map for the CMA Subject and your comparables .
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Researched and prepared by Shawna Connelly
222 JACKSON Street W #405, Hamilton 135 JAMES Street S #106, Hamilton 9 Rockwood Place #8, Hamilton 135 James Street S #1208, Hamilton 362 JOHN Street S #5, Hamilton 135 James Street S #310, Hamilton 135 JAMES Street S #408, Hamilton 120 DUKE Street #201, Hamilton 69 Herkimer Street #603, Hamilton 135 James Street S #210, Hamilton 135 JAMES Street S #1008, Hamilton 25 Mountwood Avenue #14, Hamilton 174 HERKIMER Street #304, Hamilton 135 JAMES Street S #808, Hamilton 135 JAMES Street S #1002, Hamilton 135 JAMES Street S #508, Hamilton
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 ACS ANS Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold
Address 222 Jackson St. W. #405 135 James Street S #1208 135 James Street S #106 120 Duke Street #201 174 Herkimer Street #304 135 James Street S #310 135 James Street S #210 135 James Street S #1002 135 James Street S #408 135 James Street S #508 135 James Street S #808 135 James Street S #1008 25 Mountwood Avenue #14 9 Rockwood Place #8 362 John St. S #5
MPAC $ $ $ $ $ $ $ $ $ $ $ $ $ $ $
Sale Price 172,000 176,000 177,000 151,000 183,000 264,000 264,000 268,000 270,000 278,000 278,000 278,000 108,000 156,000 168,000
$ $ $ $ $ $ $ $ $ $ $ $
--348,000 355,750 356,000 330,999 340,000 355,000 350,000 363,200 337,500 309,000 380,000 350,000
AVERAGE
% Difference --130.46% 94.40% 34.85% 25.38% 26.87% 31.48% 25.90% 30.65% 21.40% 186.11% 143.59% 108.33% 71.62%
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 $ 295,184 Range $ 215,651 to $ NOTE: * denotes properties included in the "Direct Comparison Approach".
418,974
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: Market Increase
APPENDIX B - Sale Price vs. Market Change
Monthly
Average Sale Value Median Sale Value
$ $
Sep-20 614,407.00 514,487.00
$ $
591,839.00 602,500.00
% Change -3.67% 17.11%
Annual
Average Price Median Price
$ $
YTD 2020 582,749.00 560,193.00
$ $
YTD 2020 604,015.00 565,531.00
% Change 3.65% 0.95%
Subject Property #405 - 222 Jackson St. W.
$
Sale Price 230,000.00
Monthly Annual
Jan-21
Adjusted Value (vs. Average) Adjusted Value (vs. Median) Adjusted Value (vs. Average) Adjusted Value (vs. Median)
$ $ $ $
221,551.79 269,345.97 238,393.29 232,191.64
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: Estimate of Value: $ 240,371 Value Add: $ 50,000 Estimate of value (Range): $ 271,552 to $ 319,346 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 C: MPAC Geowarehouse Report
GeoWarehouse AVM Enhanced Residential Report Property Address
222 JACKSON ST W SUITE 405
Municipality
HAMILTON CITY
Real Time Market Value (AVM)
$ 294,000
Valuation Date (yyyymmdd)
20210217
Lower Confidence Limit
$ 253,000
Upper Confidence Limit
$ 338,000
Confidence Rating (H=High, M=Medium, L=Low)
M
Property Type
370 - Residential Condominium
Year Built
1976
Total Area (Above Grade) (sq ft)
980
Basement Finished Area (sq ft)
0
Number of Bedrooms
1
Number of Full Bathrooms
1
Number of Half Bathrooms
1
Frontage (ft)
0
Depth (ft)
0
Site Area
0
Generated on 02/19/2021
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 D: Geowarehouse Report
Client Report Generated on February 19, 2021
This report was prepared by:
405 - 222 JACKSON ST W HAMILTON
Shawna Connelly shawnaconnelly@royallepage.ca
PIN 180460018
GeoWarehouse is a product of Teranet Real Estate Information Solutions
© 2016 Teranet Inc.
405 - 222 JACKSON ST W | PIN 180460018
Property Details GeoWarehouse Address:
405 - 222 JACKSON ST W HAMILTON L8P4S5 PIN:
180460018
Land Registry Office:
HAMILTON WENTWORTH (62)
Land Registry Status:
Active
Registration Type:
Certified (Land Titles)
Ownership Type:
Condo
Report Generated On Feb 19, 2021 by Shawna Connelly (291168)
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405 - 222 JACKSON ST W | PIN 180460018
Condo Details *Selected Property
Condominium Corporation
Related Units
WENTWORTH CONDOMINIUM CORPORATION NO. 46
Type
Level
Unit
Suite
4
6
Common Name:
Village Hill
Condo Declaration Registration Date:
Mar 22, 1977
Suite Number:
405
PIN 180460018
Lot Size Area:
32539.27 sq.ft
Perimeter:
777.56 ft
Measurements:
141.0ft x 216.25ft x 162.3ft x 117.14ft x 31.06ft x 32.54ft x 11.19ft x 66.41ft 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.
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405 - 222 JACKSON ST W | PIN 180460018
Assessment Information ARN 251802013650727
Phased-In Value
Assessed Value
$172,000
$172,000
2021 Tax Year
Based on Jan 1, 2016
Frontage:
N/A
Description:
Residential Condominium
Depth:
N/A
Property Code:
370
Sales History Sale Date
Sale Amount Type
Sep 09, 2020
$230,000
Sep 09, 2020
$0
Feb 28, 1979
$2
Notes
Transfer by Personal Representative Transmission by Personal Representative (Land) Transfer
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Demographics
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Comparable Sales Data Not Available
Area Heat Maps Average Sales Heat Maps - Last 1 Year Block
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405 - 222 JACKSON ST W | PIN 180460018
Growth Rate Heat Maps - Last 5 Years Block
Market Turnover Heat Maps - Last 1 Year Block
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405 - 222 JACKSON ST W | PIN 180460018
Historical Market Trends Average Sale Values and Growth Rates
Market Turnover Rates
Report Generated On Feb 19, 2021 by Shawna Connelly (291168)
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405 - 222 JACKSON ST W | PIN 180460018
Market Statistics Area Map Average Sales Price - Last 1 Year
$330,834
$505,166 Municipality
Block
Growth Rate - Last 5 Years
Market Turnover - Last 1 Year
5 Year Analysis Data Not Available
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405 - 222 JACKSON ST W | PIN 180460018
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
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