31 Kinrade Ave

Gibson, Hamilton, L8L 6L5
FOR SALE
$500,000
31 Kinrade Ave, Hamilton
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9255976
MLSID
Contact Us
Property Description
Charming 3-bedroom home with outdoor entertaining space. Discover your perfect home, ideally situated close to the Tim Hortons Field, which offers spacious living areas and large, bright windows that let in plenty of natural light. The main floor features a generous living room, large kitchen and a family room that is currently set up as a dining area, perfect for family gatherings or entertaining guests. Step outside to enjoy outdoor cooking with the brick stove/fireplace and cozy evenings. The property includes two 4-piece bathrooms, a walkout basement accessible from two entrances and a fully fenced yard. The detached garage with hydro offers space for additional storage or workshop.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
22' x 102'
Acreage
< .50
Fronting
West
Taxes
$2,905 (2024)
Basement
Full, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
Detached
Hamilton Market Statistics
Hamilton Price Trend
31 Kinrade Ave is a 3-bedroom 2-bathroom home listed for sale at $500,000, which is $292,703 (36.9%) lower than the average sold price of $792,703 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Hamilton increased by $10,805 (1.4%) compared to the previous 30 day period (July 21 - August 19) and down $17,358 (2.1%) from the same time one year ago.
Inventory Change
There were 349 3-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 40.2% compared with the previous 30 day period (July 21 - August 19) and up 41.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($15,744) (2.0%) below asking price over the last 30 days (August 20 - September 18), which represents a $3,145 increase compared to the previous 30 day period (July 21 - August 19) and ($5,214) 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 3-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 68.2%, down from 113.3% over the previous 30 days (July 21 - August 19) and up from 53.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Hamilton stood at 29 days when successfully sold over the last 30 days (August 20 - September 18), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage State Realty
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