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            AIDA

            Real Estate Artificial Intelligence Digital Assistant

            Disclaimer

            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

            Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# N4731193

            Sold Cnd
            $899,900
            4br 3ba 2500-3000sf

            Prop Tax

            $5,831

            Lot Size

            57x115 ft

            Mortg/m

            $ calculator

            WalkScore

            19

            Compare$970,498

            Please Login for the Map View

            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            PURPLEBRICKS, BROKERAGE

            Learn more about this property:
            MLS# N4731193 Listing Details
            Among all comparable properties sold in Summerhill Estates in Newmarket, from Jan 2017 to Apr 2020, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $783,783

            Maximum Price Adjusted was:

            $1,114,695

            AIDA's ESTIMATE (based on 6 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($899,900) less than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Dwelling style, lot size, property age, and basement finish are not taken into account.
            • Landscaping, upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 6 comparable properties sold in Summerhill Estates in Newmarket, near this address, from Jan 2017 to Apr 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onAddressDist/metersSQFTBed • BathGar SpacesTaxSold PriceTime Adj %Time Adj Price
            2017-03-13289 Clearmeadow Blvd5532500-30004+0 • 32.0$4,928$1,003,000-12.73%***
            2018-05-03445 Donald Crt5482500-30004+0 • 32.0$5,688$910,000-13.87%***
            2018-05-18342 Carruthers Ave562500-30004+0 • 32.0$5,277$924,900-13.87%***
            2019-12-13356 Mccaffrey Road2342500-30004+1 • 32.0$5,516$950,00015.04%***
            2020-02-11355 Carruthers Avenue602500-30004+0 • 32.0$6,063$970,0009.08%***
            2020-03-13358 Carruthers Avenue852500-30004+0 • 32.0$5,473$1,077,0003.5%***

            Summerhill Estates, Newmarket Sales History More

            Summerhill Estates, Newmarket: Overall Sales Statistics for Freehold Homes
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Summerhill Estates, Newmarket: Detailed Sales & Rent Statistics for Freehold Homes
            Listing Overview

            General:

            337 Carruthers Avenue is a freehold detached 2-storey home, located in Summerhill Estates of city of Newmarket, York region, near Yonge St/ Mulock Dr, and has been available for sale on ITRealty since 2020-03-25. This 2-storey home is fronting on North side of Carruthers Ave.

            Lot Size and Living Area:

            337 Carruthers Avenue has 9+1 rooms in total, including 4+0 bedroms, 3 baths and 1 kitchen. The rooms details are available on this page above.
            The lot size is measured in feet and specified as < .50. The lot has an irregular size and is described as Regular. This home has approximately 2500-3000 square feet above the ground level plus unfinished basement. This home was built appriximately 16-30 years ago.
            This home has 6 total parking spaces, including 2.0 space(s) in attached garage. Laundry is located on main level. The basement is unfinished.

            Heating and Cooling:

            This home heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

            Listing Features:


            AIDA has also identified the following features: Income Potential, Separate Entrance, AIDA Recommended, and possible sellers motivation indicators such as Flexible Possession.

            Price & Cost Overview

            General:

            337 Carruthers Avenue detached is listed for $899,900. Home property tax for year 2019 was $5,831.

            Comparative Market Analysis:

            There are similar 4 bedr detached homes recently sold nearby for an average Time Adjusted Selling Price of $970,498.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $3,377, and total expenses, including the mortgage and property tax, approximately $3,863, assuming $899,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 337 Carruthers Avenue, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $4,500 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Summerhill Estates, where 337 Carruthers Avenue is located, has $765,853 Home Price Index, and $2,124 Home Rent Index. Average household income at dissemination area of 337 Carruthers Avenue is $108,544, and average polulation age is 37 years old.
            Average Home Price Index among 9 evaluated neighborhoods in city of Newmarket is $793,570, and average Home Rent Index $2,081.

            Similar Properties & Community Details:

            Here are similar to 337 Carruthers Avenue 4 bedr detached homes listed For Sale and For Rent in city of Newmarket.
            Learn about the prices of Recently Sold Homes and Recently Rented Homes near 337 Carruthers Avenue.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Summerhill Estates neighborhood in city of Newmarket.

            Walkscore, and Bikescore:

            With Walkscore, and Bikescore of 19, and 38 accordingly, location of 337 Carruthers Avenue overall can be described as Car-Dependent, and Somewhat Bikeable.

            337 Carruthers Avenue Listings History Powered By AIDA
            Summerhill Estates, Newmarket Sales & Rent History Powered by AIDA
            Disclaimer

            All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

            City of Newmarket Homes MOI (Months of Inventory)
            Last month sales statistics:
            It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (39 days).
            Sellers are not likely to negotiate the price, but it is easier to sell your own property.
            Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
            How often similar homes sell?
            You may expect 12 to 14 properties like that to be sold in Summerhill Estates during the next 30 days.
            Seasonal sales fluctuation is showing 16% inventory increase comparing to the average annual number, which is equvalent to 11.17 properties sold per month, and 18% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 8 days, which is 1 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing -57% D.O.M. decrease comparing to the average annual number, which is equvalent to 21 D.O.M., and -48% decrease comparing to the last six months indicating significantly growing demand for this type of properties within this price range.
            At what price it can be sold?
            Similar properties currently sell at 3.26% above its asking price in Summerhill Estates.
            The selling to asking price ratio is growing in Summerhill Estates.
            This property has been on the market for less than average number of days it takes a home to sell in Summerhill Estates (9.1) .
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4731193 Comparative Market Analysis

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