40 GREIG St

FOR SALE
$469,900
40 GREIG St, Hamilton
40 GREIG St
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
X10403498
MLSID
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Property Description
Introducing this promising property nestled on a serene street in Hamilton close to downtown and waterfront. This 1 1/2 storey detached home offers abundant potential with 3 bedrooms and 1 bathroom. Ideal for families or investors seeking opportunity. Located conveniently close to downtown, this home promises convenience. While in need of some renovation, this home has been freshly painted in a neutral colour and shows quite well. The property is a canvas waiting for your personal touch. Don't miss out on this chance to create your dream home or investment. All Photos, Virtual Tours, measurements, sq. ft. and Floor plans are from interactive I-Guide attached hereto listing.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-03 2024-05-10 7 $459,999 - Terminated
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
37' x 40'
Acreage
< .50
Taxes
$2,937 (2024)
Basement
Part Bsmt, Part Fin
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Garage Type
Boulevard
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 13.75'
DiningMain13.58' x 10.93'
KitchenMain13.42' x 8.60'
Prim Bdrm2nd8.07' x 13.68'
Br2nd6.17' x 6.82'
Br2nd13.85' x 6.33'
RecBsmt13.16' x 19.75'
LaundryBsmt12.40' x 8.23'
Cold/CantBsmt4.76' x 18.67'
UtilityBsmt12.40' x 11.15'
Hamilton Market Statistics
Hamilton Price Trend
40 GREIG St is a 3-bedroom 1-bathroom home listed for sale at $469,900, which is $318,951 (40.4%) lower than the average sold price of $788,851 in the last 30 days (October 13 - November 11). During the last 30 days the average sold price for a 3 bedroom home in Hamilton declined by $63,514 (7.5%) compared to the previous 30 day period (September 13 - October 12) and up $31,711 (4.2%) from the same time one year ago.
Inventory Change
There were 283 3-bedroom homes listed in Hamilton over the last 30 days (October 13 - November 11), which is down 23.3% compared with the previous 30 day period (September 13 - October 12) and down 2.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Hamilton typically sold ($19,610) (2.5%) below asking price over the last 30 days (October 13 - November 11), which represents a $5,196 decrease compared to the previous 30 day period (September 13 - October 12) and ($20,338) 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 3-bedroom homes in Hamilton over the last 30 days (October 13 - November 11) stood at 65.0%, up from 50.9% over the previous 30 days (September 13 - October 12) and up from 46.4% 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 37 days when successfully sold over the last 30 days (October 13 - November 11), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc., Brokerage
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