394 Concession 5 W

FOR SALE
$899,900
394 Concession 5  W, Hamilton
394 Concession 5  W
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
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Property Description
Charming brick bungalow on picture perfect lot in Millgrove! Well maintained home by original owners for decades, now ready for a refresh and new start. Over half an acre of country living with easy access toHwy#6 and 403/401. This lovely home offers main floor living with the opportunity to finish the lower level for extra space. Front welcoming foyer leads to the bright Living and Dining rooms with hardwood floors beneath the broadloom. New eat-in Kitchen with extra bank of storage cabinets. Three main floor Bedrooms with hardwood under the broadloom, and a spacious 4 piece Bath complete the main level. The lower level isa blank slate ready for finishing touches or continued use as workshop and storage. The private expansive back yard offers the perfect spot to unwind and enjoy nature at your doorstep. Opportunity for the right buyer to create the perfect family home.
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
115' x 254'
Acreage
.50-1.99
Fronting
South
Taxes
$4,654 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround18.01' x 12.66'
DiningGround10.47' x 10.66'
KitchenGround12.93' x 10.60'
Prim BdrmGround11.91' x 10.66'
BrGround8.83' x 9.15'
2nd BrGround10.53' x 10.17'
Hamilton Market Statistics
Hamilton Price Trend
394 Concession 5 W is a 3-bedroom 1-bathroom home listed for sale at $899,900, which is $107,197 (13.5%) higher 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 1-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 Burloak Real Estate Services
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