8281 CHIPPEWA Rd E

FOR SALE
$949,900
8281 CHIPPEWA Rd E, Hamilton
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
8281 CHIPPEWA Rd E
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1 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
X9346598
MLSID
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Property Description
Ideal Mt. Hope Opportunity! Offering an Irreplaceable "Muskoka" Like setting and Custom Built (1996) 3 bedroom, 2 bathroom Log Home situated on picturesque 1 acre lot. Perfect inlaw suite situation with walk out basement, 2 kitchens, & bathrooms & bedrooms on both levels. Incredible curb appeal set well off the road and tucked perfectly behind mature trees, circular driveway with ample parking, detached oversized garage with steel roof & lean too, & elevated upper level deck overlooking the peaceful & serene treed backdrop. This custom log home offers a open concept layout throughout highlighted by family room with vaulted ceilings & double sided gas fireplace, eat in kitchen with oak cabinetry & S/S appliances, dining area, MF primary suite, 4 pc bathroom, & welcoming foyer. The lower level includes walk out basement offering large rec room, 2nd kitchen with white cabinetry, 2 LL bedrooms, additional 4 pc bathroom, ample storage, & laundry area. Experience Mt. Hope Country Living!
Property Details
Property Type
Detached, Bungalow
Lot Size
175' x 250'
Fronting
South
Taxes
$5,998 (2024)
Basement
Finished, Full
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LaundryBsmt10.60' x 6.50'
BrBsmt11.25' x 8.60'
BrBsmt11.68' x 8.60'
KitchenBsmt11.15' x 15.32'
RecBsmt20.67' x 20.01'
BathroomBsmt7.74' x 8.50'4 Pc Bath
BrMain12.66' x 13.42'
KitchenMain9.25' x 14.24'
DiningMain10.24' x 16.01'
BathroomMain8.60' x 9.15'4 Pc Bath
LivingMain17.32' x 24.51'
FoyerMain14.50' x 8.17'
Hamilton Market Statistics
Hamilton Price Trend
8281 CHIPPEWA Rd E is a 1-bedroom 2-bathroom home listed for sale at $949,900, which is $464,900 (95.9%) higher than the average sold price of $485,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 1 bedroom home in Hamilton increased by $28,367 (6.2%) compared to the previous 30 day period (July 21 - August 19) and down $275,000 (36.2%) from the same time one year ago.
Inventory Change
There were 6 1-bedroom homes listed in Hamilton over the last 30 days (August 20 - September 18), which is up 200.0% compared with the previous 30 day period (July 21 - August 19) and up 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in Hamilton typically sold ($30,000) (6.2%) below asking price over the last 30 days (August 20 - September 18), which represents a $23,334 decrease compared to the previous 30 day period (July 21 - August 19) and ($21,925) 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 1-bedroom homes in Hamilton over the last 30 days (August 20 - September 18) stood at 16.7%, down from 150.0% over the previous 30 days (July 21 - August 19) and down from 80.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom home in Hamilton stood at 21 days when successfully sold over the last 30 days (August 20 - September 18), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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