85 Medici Lane

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85 Medici Lane, Hamilton
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 1
ROOMS
X3743642
MLSID
Contact Us
Property Description
Show Stopper! Fully Upgraded Over 3200 Sq Ft Of Living Space. 4 Bedroom Detached Home In A Highly Sought After Area. Cathedral Ceilings Upon Entry With Stunning Elegant Chandelier. Pot Lights Throughout On The Main Floor And Basement. Chefs Dream Kitchen With Centre Island & Granite Counter Tops.
Extras
S/S Appliances, B/I Dishwasher & Eat-In Kitchen Over Looking Spacious Family Rm W/Fireplace.Gorgeous Master Br W/5 Pc Ensuite.Brand New Concrete Driveway Will Be Built Before Closing, Contract Has Been Finalized To Be Done By April 7, 2017.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
33' x 99'
Fronting
South
Taxes
$5,790 (2016)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain13.62' x 14.83'Wood Floor, Pot Lights, Window
DiningMain10.01' x 13.42'Wood Floor, Pot Lights, Fireplace
KitchenMain13.62' x 13.42'Wood Floor, Centre Island, Granite Counter
LaundryMain5.97' x 7.55'Ceramic Floor, Access To Garage
Master2nd13.62' x 17.03'Wood Floor, 5 Pc Ensuite, W/I Closet
2nd Br2nd11.38' x 11.81'Wood Floor, Window, Closet
3rd Br2nd10.99' x 11.81'Wood Floor, Semi Ensuite, Window
4th Br2nd10.01' x 10.01'Wood Floor, Window, Closet
RecBsmt23.62' x 28.25'Wood Floor, Pot Lights
Hamilton Market Statistics
Hamilton Price Trend
85 Medici Lane is a 4-bedroom 4-bathroom home listed for sale at $749,000, which is $350,429 (31.9%) lower than the average sold price of $1,099,429 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Hamilton increased by $22,674 (2.1%) compared to the previous 30 day period (January 28 - February 26) and down $88,486 (7.4%) from the same time one year ago.
Inventory Change
There were 176 4-bedroom homes listed in Hamilton over the last 30 days (February 27 - March 27), which is up 54.4% compared with the previous 30 day period (January 28 - February 26) and up 51.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Hamilton typically sold ($21,104) (1.9%) below asking price over the last 30 days (February 27 - March 27), which represents a $3,823 increase compared to the previous 30 day period (January 28 - February 26) and ($38,336) 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 4-bedroom homes in Hamilton over the last 30 days (February 27 - March 27) stood at 50.6%, down from 74.6% over the previous 30 days (January 28 - February 26) and down from 64.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Hamilton stood at 22 days when successfully sold over the last 30 days (February 27 - March 27), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Diamonds Realty Inc., Brokerage
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