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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# N4617841

            Price -$50000
            $XXX,XXX
            3br 2ba XXXXsf

            Prop Tax

            $X,XXX

            Lot Size

            63x150 ft

            Mortg/m

            $ calculator

            WalkScore

            36

            Compare$1,303,625

            Please Login for the Map View

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

            MARILYN WILSON DREAM PROPERTIES INC., BROKERAGE

            Learn more about this property:
            MLS# N4617841 Listing Details
            Among all comparable properties sold in South Richvale in Richmond Hill, from Jan 2017 to Dec 2019, after adjusting selling prices according to market conditions at the time of sale, AIDA has calculated that:
            Minimum Price Adjusted was:

            $1,244,300

            Maximum Price Adjusted was:

            $1,244,300

            AIDA's ESTIMATE (based on 1 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 ($XXX,XXX) more than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Square Footage of the property is not specified.
            • 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 1 comparable properties sold in South Richvale in Richmond Hill, near this address, from Jan 2017 to Dec 2019

            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
            2019-03-3151 Roosevelt Dr0n/a3+1 • 20.0$6,505$1,529,000-18.62%***

            South Richvale, Richmond Hill Sales History More

            South Richvale, Richmond Hill: Overall Sales Statistics for Freehold Homes
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            South Richvale, Richmond Hill: Detailed Sales & Rent Statistics for Freehold Homes
            Listing Overview

            General:

            51 Roosevelt Drive is a freehold detached 2-storey home, located in South Richvale of city of Richmond Hill, York region, near Roosevelt Dr & Pearson Ave, and has been available for sale on ITRealty since 2019-10-26. This 2-storey home is fronting on South side of Roosevelt Dr.

            Lot Size and Living Area:

            51 Roosevelt Drive has 8+1 rooms in total, including 3+0 bedroms, 2 baths and 1 kitchen. The rooms details are available on this page above.
            The lot size is measured in feet and is 62.80 feet wide, and 150.00 feet deep.
            This home has 4 total parking spaces, but no garage. Basement features: full and part fin.

            Heating and Cooling:

            This home heat source is Gas, the heat type is Forced Air and air-conditioning is None.

            Listing Features:


            AIDA has also identified the following features: Price Change, and possible sellers motivation indicators such as Reduced Asking Price, Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            51 Roosevelt Drive detached is listed for $1,650,000. Home property tax for year 2019 was $6,206.

            Comparative Market Analysis:

            There are similar 3 bedr detached homes recently sold nearby for an average Time Adjusted Selling Price of $1,303,625.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $6,191, and total expenses, including the mortgage and property tax, approximately $6,708, assuming $1,650,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 51 Roosevelt Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $15,000 if you buy this property with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            South Richvale, where 51 Roosevelt Drive is located, has $1,408,888 Home Price Index, and $2,795 Home Rent Index. Average household income at dissemination area of 51 Roosevelt Drive is $103,936, and average polulation age is 45 years old.
            Average Home Price Index among 16 evaluated neighborhoods in city of Richmond Hill is $1,017,766, and average Home Rent Index $2,496.

            Similar Properties & Community Details:

            Here are similar to 51 Roosevelt Drive 3 bedr detached homes listed For Sale and For Rent in city of Richmond Hill.
            Learn about the prices of Recently Sold Homes and Recently Rented Homes near 51 Roosevelt Drive.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at South Richvale neighborhood in city of Richmond Hill.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 36, 56, and 43 accordingly, location of 51 Roosevelt Drive overall can be described as Car-Dependent, Good Transit, and Somewhat Bikeable.

            51 Roosevelt Drive Listings History Powered By AIDA
            South Richvale, Richmond Hill 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 Richmond Hill 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 (81 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 4 to 5 properties like that to be sold in South Richvale during the next 30 days.
            Seasonal sales fluctuation is showing 33% inventory increase comparing to the average annual number, which is equvalent to 3 properties sold per month, and 20% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 44 days, which is 6% longer than it takes a similar home in South Richvale to sell, and is expected to sell soon if the price is right, or negotiable by the seller.
            Please note that asking price was reduced 9 days ago by -$50,000, which is a minor price reduction and may not generate enough interest.
            Seasonal sales fluctuation is showing 5% D.O.M. increase comparing to the average annual number, which is equvalent to 39 D.O.M., and 12% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 5.38% below its asking price in South Richvale.
            The selling to asking price ratio is slighyly growing, as this housing type demand remains stable in South Richvale.
            Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4617841 Comparative Market Analysis

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