Hamilton home sells for $1.375M more than it did last year
Published December 8, 2022 at 5:17 pm
A home in the Hamilton suburb of Ancaster that sold in the spring of 2021 for $1.775 million just sold again for nearly double that after being renovated.
The sale of the home, located on Jerseyville Rd. W. in the Parkview Heights neighbourhood, closed for $3.15 million last Friday (Dec. 4). That was slightly below the asking (by 3.39 per cent), but it was also 77.46% higher than what it sold for just more than 19 months ago in April 2021.
The two-storey, four-bedroom, four-baths home was listed by RE/MAX Escarpment Reality. From the street, it looks like a somewhat typical mid-20th-century home that is under 5,000 square feet, but designers seem to have made the most of the interior, as well as the 102.38 by 195.4 lot (measurements are in feet).
It promises “open concept living” with an eat-in kitchen with a breakfast nook And family room, along with views to the living and dining rooms. The basement has a finished rec room that is complemented by a wet bar, wine cellar, a bedroom and three-piece bathroom.
The backyard has an outdoor kitchen, a pool, hot tub, and plenty of space for hosting and socializing.
The home is in a neighbhourhood with a low walk score and minimal transit infrastructure, although there is strong access to cycling. It is also close by Hwy. 403 and the Lincoln M. Alexander Expressway.
At least four other homes in Hamilton have sold for $1.5 milion or more in recent weeks, according to .
- A custom-built French chateau on Dundas Hill, located at 30 Sun Ave., sold for $2.125 million. The listing was by Judy Marsales Real Estate.
- In Binbrook, a 6,000-sq-ft bungalow with a three-car garage on a 5.05-acre lot sold for $1.95 million. The home on Guyatt Rd. went for $800,000 more than it did just three years ago, when it last changed hands in August 2018. The Bay Street Group Inc. had the listing.
- In Millgrove, a two-storey brick home that was recently renovated sold for $1.675 million. Its creature comforts include a home gym and a main bedroom suite that is accentuated by a spa-like ensuite and walk-in closet. It was also a RE/MAX listing.
- Also, an 1890-vintage Victorian Century home on Bay St. S. in the downtown Durand neighbourhood went for $1.57 million. The listing for the five-bedroom, three-baths home was handled by RE/MAX Escarpment Golfi Realty Inc.
The average home price in Hamilton is $786,943. That is down 24 per cent from early in 2022, but is still beyond the means of many of the city’s residents.
Further information about home sales in Hamilton, and homes available for purchase, is available at Zoocasa. Listing data at Zoocast is provided by the Toronto Real Estate Board.
(Photos: Re/Max Escarpment Reality Inc., Brokerage.)insauga's Editorial Standards and Policies advertising