40 Meadow Cres

Kitchener, N2M 4E7
FOR SALE
$749,900
40 Meadow Cres, Kitchener
40 Meadow Cres
40 Meadow Cres
40 Meadow Cres
40 Meadow Cres
40 Meadow Cres
40 Meadow Cres
40 Meadow Cres
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40 Meadow Cres
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40 Meadow Cres
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4 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
X9417104
MLSID
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Property Description
Discover this delightful bungalow nestled in a mature, tranquil neighborhood, ideal for families and investors alike! The main level boasts fresh neutral paint, creating a bright and inviting atmosphere. Recent updates include newer laminate flooring throughout the main level and basement, modern quartz countertops in the kitchen, . The finished walk-out basement features a separate entrance, making it perfect for an in-law suite. Enjoy the expansive backyard, surrounded by mature trees and lush greenery, an ideal setting for children's play, relaxation, or entertaining.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-18 2024-11-13 26 $749,900 $738,000 Sold
2024-08-24 2024-09-15 22 $899,800 - Terminated
Extras
Carpet Free; Fireplace as is; a new A/C unit
Property Details
Property Type
Detached, Bungalow
Lot Size
56' x 111'
Fronting
East
Taxes
$4,455 (2024)
Basement
Fin W/O
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.91' x 18.57'Pot Lights, Large Window
DiningMain11.91' x 18.57'Laminate, Combined W/Living
BreakfastMain7.51' x 9.68'Quartz Counter, Window
Prim BdrmMain8.10' x 11.48'W/O To Deck, Vinyl Floor
2nd BrMain10.83' x 12.30'Window, Closet
3rd BrMain10.40' x 11.02'Closet, Window
4th BrMain9.06' x 11.06'Window, Closet
RecBsmt9.97' x 11.32'Laminate, Window
BrBsmt10.70' x 25.52'Fireplace, O/Looks Backyard
Kitchener Market Statistics
Kitchener Price Trend
40 Meadow Cres is a 4-bedroom 2-bathroom home listed for sale at $749,900, which is $206,556 (21.6%) lower than the average sold price of $956,456 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 4 bedroom home in Kitchener declined by $122,959 (11.4%) compared to the previous 30 day period (September 15 - October 14) and up $129,633 (15.7%) from the same time one year ago.
Inventory Change
There were 40 4-bedroom homes listed in Kitchener over the last 30 days (October 15 - November 13), which is down 24.5% compared with the previous 30 day period (September 15 - October 14) and down 24.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Kitchener typically sold ($4,914) (0.5%) below asking price over the last 30 days (October 15 - November 13), which represents a $15,559 increase compared to the previous 30 day period (September 15 - October 14) and $3,588 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 4-bedroom homes in Kitchener over the last 30 days (October 15 - November 13) stood at 87.5%, up from 35.8% over the previous 30 days (September 15 - October 14) and up from 32.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Kitchener stood at 15 days when successfully sold over the last 30 days (October 15 - November 13), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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