8 Farmhouse Cres

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8 Farmhouse Cres, Richmond Hill
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
9 + 1
ROOMS
N3983497
MLSID
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Property Description
Priced To Sell! 6 Years New Stunning Home By Aspen Ridge Home On Quiet Street.$$$ Spent On Upgrades: 9' Ceilings In Spacious Basement And Main Floor. Hardwood Floors, Crown Molding&Potlights, Smooth Ceiling. High End S/S Appliances. Luxury Custom Made Window Coverings. Newly Finished Basement No Sidewalk .See Virtual Tour.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-01-07 2019-03-02 59 $3,000 $3,000 Leased
Extras
All S/S Appliances: Fridge, Stove ,Dishwahser, Washer&Dryer. All Elf And Rough-In For Installation Of Surround Speakers In Main. All Window Coverings. Garage Door Opener With Remotes.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
45' x 90'
Fronting
North
Taxes
$5,676 (2017)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Richmond Hill Market Statistics
Richmond Hill Price Trend
8 Farmhouse Cres is a 4-bedroom 5-bathroom home listed for sale at $1,499,000, which is $435,890 (22.5%) lower than the average sold price of $1,934,890 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Richmond Hill increased by $38,827 (2.0%) compared to the previous 30 day period (February 26 - March 26) and up $50,702 (2.7%) from the same time one year ago.
Inventory Change
There were 166 4-bedroom homes listed in Richmond Hill over the last 30 days (March 27 - April 25), which is up 24.8% compared with the previous 30 day period (February 26 - March 26) and up 58.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Richmond Hill typically sold $72,232 (3.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $4,083 increase compared to the previous 30 day period (February 26 - March 26) and $92,322 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 4-bedroom homes in Richmond Hill over the last 30 days (March 27 - April 25) stood at 49.4%, up from 47.4% over the previous 30 days (February 26 - March 26) and down from 84.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Richmond Hill stood at 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc., Brokerage
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