61 Melrose Ave S

Gibson, Hamilton, L8M 2Y4
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61 Melrose Ave S, Hamilton
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5 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
12
ROOMS
X3970084
MLSID
Contact Us
Property Description
Absolutely Beautiful, Victorian Home Which Has Been Meticulously Maintained. Stunning, Top Of The Line, Gourmet Kitchen With Granite Floors. No Carpet Throughout Home. Beautifully Maintained Gumwood Trim And Doors. Large Sunroom Overlooking A Pool Size, Private Backyard. Majority Of Furniture To Stay (Approximately 95%). Basement Has 2nd Kitchen And 3 Pc Bath. Numerous Updates Since 2003. Rsa
Extras
Inclusions: 3 Fridges,2 Stoves, Dishwasher, Washer/Dryer, Most Furniture Except As Excld, Microwave, Gazebo, Shed Exclusions: Tv In Fam Rm & Bsmt, Sofa, Hutch Entertainment Unit In Bsmt.
Property Features
Level, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 120'
Acreage
< .50
Fronting
East
Taxes
$3,590 (2017)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
Hamilton Market Statistics
Hamilton Price Trend
61 Melrose Ave S is a 5-bedroom 3-bathroom home listed for sale at $599,900, which is $912,666 (60.3%) lower than the average sold price of $1,512,566 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 5 bedroom home in Hamilton increased by $425,567 (39.2%) compared to the previous 30 day period (February 24 - March 24) and up $449,857 (42.3%) from the same time one year ago.
Inventory Change
There were 39 5-bedroom homes listed in Hamilton over the last 30 days (March 25 - April 23), which is up 30.0% compared with the previous 30 day period (February 24 - March 24) and up 178.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Hamilton typically sold ($86,639) (5.7%) below asking price over the last 30 days (March 25 - April 23), which represents a $34,612 decrease compared to the previous 30 day period (February 24 - March 24) and $11,803 less 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 Hamilton over the last 30 days (March 25 - April 23) stood at 38.5%, down from 66.7% over the previous 30 days (February 24 - March 24) and down from 121.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Hamilton stood at 66 days when successfully sold over the last 30 days (March 25 - April 23), compared to 77 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc., Brokerage
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