‘Price it low’ strategy works for Nobleton bungaloft on ravine

44 Paradise Valley Path, Nobleton, Ont.

Asking value: $2,688,000 (March, 2022)

Advertising price: $2,850,000 (March, 2022)

Previous offering value: $1,710,000 (December, 2019) $1,675,000 (May, 2017) $1,141,928 (Could, 2014)

Taxes: $10,169 (2022)

Days on the current market: six

Listing agent: Michael Steinman, Forest Hill Serious Estate Inc.

The motion

This 4-bedroom household is a single of a smaller selection of residences backing on to a ravine along the north stop of a reduced-increase subdivision about 30 kilometres north of Toronto. The additional privateness and evergreen views attracted a lot more than a dozen site visitors, three of whom built acquire delivers.

“On that road, a good deal of the homes are on the ravine, but they really do not arrive up [for sale] far too typically,” mentioned agent Michael Steinman.

“We caught the conclude of the [market] craziness just as it commenced to allow up a bit. Most of the homes – if not all that sold in that pocket – used the system of pricing very low, finding many features, and selling for in excess of the asking value.”

What they got

This bungalow-style house designed in 2014 was made with a loft and two bedrooms upstairs. Two a lot more bedrooms are on the primary flooring, which includes just one with a renovated bathroom and side-by-facet showers.

Ceilings increase 10 ft above the dwelling room and double in peak in the relatives place, which also has a gas fire.

The try to eat-in kitchen has the profit of a rear deck and a butler’s pantry linked to the dining home.

For significant-scale storage, there is a triple garage and a total basement with entry to the yard.

The agent’s just take

“Because it’s a ravine whole lot and a significant house with 4,000 sq. toes, it targeted families who area much more price on getting a private whole lot than a typical two-storey, detached prepare,” Mr. Glaser stated.

“It experienced a gorgeous [primary] rest room,’ he stated. “And a different great thing the sellers did was in the kitchen they replaced two small builder’s windows with a large, $12,000 window that gave you a superior perspective of the ravine.”

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