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

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

44 Paradise Valley Path.Forest Hill Genuine Estate Inc.

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.”

44 Paradise Valley Path in Nobleton, Ont. has four bedrooms.Forest Hill Authentic Estate Inc.

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 ceiling in the dwelling home is bumped up to 10 feet to present an airy vibe.Forest Hill Actual Estate Inc.

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.”

The kitchen attributes a massive photo window that attributes a perspective of the ravine.Forest Hill Real Estate Inc.

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