71 Somerset Rd

Brantford, N3R 5A3
FOR SALE
$659,900
71 Somerset Rd, Brantford
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
71 Somerset Rd
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71 Somerset Rd
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71 Somerset Rd
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71 Somerset Rd
71 Somerset Rd
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71 Somerset Rd
71 Somerset Rd
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
17
ROOMS
X11981740
MLSID
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Property Description
Located in the heart of Mayfair, one of Brantfords most sought-after neighborhoods, this well-maintained detached custom bungalow is hitting the market and is suitable for the first time home buyer, a downsizer or investor. With five bedrooms, two bathrooms, and a partially finished walkout basement, this home offers incredible space, functionality, and thoughtful upgrades throughout. Step inside to a bright and inviting living room, featuring an extra-large picture window that fills the space with natural light. The main floor boasts three spacious bedrooms, gleaming hardwood floors, and a charming sunroomthe perfect spot for morning coffee or a quiet retreat. The walkout basement expands the homes versatility, offering two additional bedrooms, a second full kitchen, and a recently renovated bathroom featuring a rain head shower. The basement opens directly to the large, fenced backyard, making it ideal for entertaining, gardening, or creating the perfect play space. Above the attached garage, a large attic space with hard floors provides ample storage or potential for creative use. The extra-large cold storage area under the covered porch offers even more storage options. The home has been thoughtfully updated over the years, with recent updates such as new garage doors, front door, and back door, and a natural gas hookup to the garage, making it an excellent space for a workshop or heating options. The roof was reshingled in 2019, and new aluminum eavestroughs and downspouts have been installed, ensuring the home is well-maintained and move-in ready. With its prime location near shopping, schools, parks, and highways, 71 Somerset Road offers the perfect balance of space, convenience, and charm. Dont miss this rare opportunity to own a home that has been cherished schedule your private showing today!
Property Details
Property Type
Detached, Bungalow
Lot Size
54' x 154'
Fronting
North
Taxes
$4,324 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Radiant
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
DiningMain9.84' x 7.41'
KitchenMain12.99' x 11.91'
LivingMain14.67' x 20.24'
BrMain14.34' x 11.42'
2nd BrMain12.17' x 11.42'
3rd BrMain12.17' x 11.91'
BathroomMain5.25' x 11.42'
BathroomBsmt4.43' x 7.41'
4th BrBsmt9.51' x 7.41'
KitchenBsmt12.17' x 17.75'
RecBsmt22.18' x 14.50'
5th BrBsmt9.84' x 13.16'
Brantford Market Statistics
Brantford Price Trend
71 Somerset Rd is a 3-bedroom 2-bathroom home listed for sale at $659,900, which is $22,525 (3.5%) 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 2-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 Re/Max Twin City Realty Inc.
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