Hamilton home sells for 68% over 2021 sale price after massive renovations

Published March 2, 2022 at 10:28 am

This home in East Hamilton has changed hands twice in less than a year. In that time, it's undergone some significant changes (ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE)

A home in east Hamilton that sold for well over asking less than a year ago, just changed hands again after being on the market less than a week.

According to data from House Sigma, this detached home located at 24 Eastvale Place in the McQuesten neighbourhood, was listed on Feb. 17, 2022, for $699,900 and sold for $875,100 in just five days.

Back in March 2021, however, the same house was listed for $389,900 and sold for $521,500 after just eight days on the market.

The property’s 2022 sale price represents an approximate increase of 68 per cent from its 2021 sale price.

In less than a year, this two-plus-two bedroom, two-bathroom home has undergone a top to bottom renovation and boasted new floors, kitchen, bathrooms, furnace, air conditioner and much more.

The backyard was a true oasis, surrounded by mature growth and featuring a large, inground cement pool (that needed a little TLC).

The current average price for a home in the McQueston West neighbourhood is $748,292 which represents a year-over-year increase of 23 per cent.

Take a look at some of the photos from the home’s 2021 listing vs. the 2022 listing.