7 Magnolia St S

Brantford, N3R 1P6
FOR SALE
$817,500
7 Magnolia St S, Brantford
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
X11996006
MLSID
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Property Description
This stunning home is located on a prime lot in a highly desirable area of Brantford. It boasts a bright and spacious kitchen, a formal living room, and dining room. The large main-floor family room features a cozy fireplace. The basement offers rental potential, making it a great investment opportunity. Its conveniently close to the mall, big-box stores, and other local amenities. Whether youre looking to downsize, are a first-time homebuyer, or an investor, this property is a must-see!
Property Details
Property Type
Detached, 2-Storey
Lot Size
60' x 100'
Fronting
South
Taxes
$3,518 (2024)
Basement
Walk-Up
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FamilyMain12.50' x 18.64'Broadloom, Fireplace, Formal Rm
DiningMain11.15' x 11.15'Formal Rm, Broadloom, Window
LivingMain12.83' x 21.98'Formal Rm, Broadloom, Window
KitchenMain11.22' x 11.38'Tile Floor
2nd Br2nd8.83' x 9.22'Window, Closet, Broadloom
3rd Br2nd10.24' x 11.06'Window, Closet, Broadloom
Prim Bdrm2nd11.81' x 14.24'Window, Closet, Broadloom
Brantford Market Statistics
Brantford Price Trend
7 Magnolia St S is a 3-bedroom 3-bathroom home listed for sale at $817,500, which is $180,125 (28.3%) higher than the average sold price of $637,375 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Brantford declined by $57,000 (8.2%) compared to the previous 30 day period (December 22 - January 20) and down $21,375 (3.2%) from the same time one year ago.
Inventory Change
There were 23 3-bedroom homes listed in Brantford over the last 30 days (January 21 - February 19), which is up 15.0% compared with the previous 30 day period (December 22 - January 20) and down 8.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Brantford typically sold ($8,667) (1.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $91 increase compared to the previous 30 day period (December 22 - January 20) and ($4,950) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Brantford over the last 30 days (January 21 - February 19) stood at 104.3%, up from 80.0% over the previous 30 days (December 22 - January 20) and down from 128.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Brantford stood at 19 days when successfully sold over the last 30 days (January 21 - February 19), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Cityscape Real Estate Ltd.
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