Lot 288 Scenic Ridge

Paris, Brant, N3L 0B5
FOR SALE
$1,100,000
Lot 288 Scenic Ridge, Brant
Lot 288 Scenic Ridge
Lot 288 Scenic Ridge
Lot 288 Scenic Ridge
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5
BEDROOMS
4
BATHROOMS
1
KITCHENS
18
ROOMS
X8040754
MLSID
Contact Us
Property Description
Assignment sale, tentative closing June 2024, 2806 sqft 5 bed, 3.5 bath modern elevation home on a premium corner lot. Stone and brick front elevation, Grand double door open to above entry, open concept main floor with large kitchen, very efficient 5 great size bedrooms and 3 full washrooms on the second floor offers ample room for any size family. 3 mins to Highway 403, 25 mins to Hamilton & Kitchener, 1 hour to Mississauga
Extras
This is an assignment sale, No in-person showing. Tentative closing is scheduled for June 2024
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
38' x 94'
Fronting
North
Basement
Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Brant Market Statistics
Brant Price Trend
Lot 288 Scenic Ridge is a 5-bedroom 4-bathroom home listed for sale at $1,100,000, which is $355,000 (47.7%) higher than the average sold price of $745,000 in the last 30 days (February 3 - March 3). During the last 30 days the average sold price for a 5 bedroom home in Brant declined by $1,030,000 (58.0%) compared to the previous 30 day period (January 4 - February 2) and down $496,666 (40.0%) from the same time one year ago.
Inventory Change
There were 3 5-bedroom homes listed in Brant over the last 30 days (February 3 - March 3), which is down 25.0% compared with the previous 30 day period (January 4 - February 2) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Brant typically sold ($5,000) (0.7%) below asking price over the last 30 days (February 3 - March 3), which represents a $81,899 increase compared to the previous 30 day period (January 4 - February 2) and ($83,299) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Brant over the last 30 days (February 3 - March 3) stood at 33.3%, down from 50.0% over the previous 30 days (January 4 - February 2) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Brant stood at 57 days when successfully sold over the last 30 days (February 3 - March 3), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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