Real Estate Market Outlook of Brantford September 2023

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Brantford Homes:
Brantford’s architecture seamlessly blends the past with the present. Historic homes exude an old-world charm, with intricate details and timeless facades. On the other hand, newer constructions showcase contemporary designs, featuring sleek lines and innovative materials. The city’s commitment to preserving its heritage while embracing modern aesthetics is evident in the architecture of its homes.
 
September 2023 outlook :
 
Brantford Home sales rise in September as sales recovery continues to build momentum.
 
In September 2023, the association had 208 units overall. From September 2022, this was an increase of 10.1%.
 
For the month of September, home sales fell 15.1% and 12.1% below the 10-year average, respectively. Home sales for the first half of the year reached 1,054 units on a year-to-date basis. This was a significant decrease of 19.8% from the same time in 2022.
 
A lot more accurately than is feasible with average or median price metrics, the MLS® Home Price Index (HPI) tracks price movements. In September 2023, the total MLS® HPI composite benchmark price was $698,600, a modest 7.7% drop from September 2022.
 
In September, the benchmark price for single-family houses was $725,500, a 6.6% decrease from the same month last year. By
 
In contrast, the benchmark price for townhouse/row units was $592,500, a significant drop of 17.3% from year-ago levels, while the benchmark price for apartments was $360,600, a significant drop of 19.5%. In September 2023, residences sold for an average price of $735,413, a little decrease from September 2022 of 0.4%.
 
The more complete year-to-date average price was $712,842, which is much lower than the first half of 2022 by 17.6%.
 
In comparison to the same month in 2022, the total dollar worth of all house sales in September 2023 increased by 9.6% to $153 million.
 
Homes:
 
65 GILLIN RD ($729,900)
 
PROPERTY DESCRIPTION:
This spotless all-brick raised ranch in the sought-after Lynden Hills is both beautiful and immaculate! The careful attention to detail throughout this inviting home truly stands out. On the main floor, you’ll find two spacious bedrooms, a four-piece bathroom, and an open and airy kitchen with quartz countertops. The living room and dining room feature hardwood floors and crown moulding. Downstairs, the finished basement includes a large rec room with a brick mantle and a wood-burning fireplace, a 3-piece bathroom, a roomy bedroom, and a substantial workroom. The concrete driveway is not only low-maintenance but eliminates the need for frequent paving. Plus, you won’t find any carpet in this house!
 
PROPERTY DESCRIPTION:
 
88 HOLDER DR ($949,000)
Experience luxurious living in Brant West with this captivating 4-bedroom, 4-bathroom detached home. With its spacious layout and enchanting features, this residence offers unmatched comfort and convenience.
 
Upon entry, the main floor presents a generously sized Great Room featuring hardwood floors and lofty 9-foot ceilings. This creates an inviting atmosphere perfect for relaxation and gatherings. The heart of the home reveals an open-concept kitchen adorned with exquisite finishes.
Efficiency and convenience are seamlessly incorporated with a second-floor laundry room, simplifying your daily routine. Abundant natural light streaming through the windows transforms this house into a warm and inviting sanctuary.
 

 

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