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Property Description
Welcome To 1516 Farmstead Dr. Enjoy elegant living in Milton's desired and prestigious area of Ford. This meticulously maintained house shows pride of ownership in ever corner. This 4 bedroom house showcases a gorgeous main floor with an open concept floor plan offering a main floor den perfect for a home office, large dining room with 9 Ft ceiling and pot lights, and a great room with a gas fireplace. The kitchen features large cabinets, quartz counter tops with complementing backsplash, gas stove, undermount lighting and over looking a beautiful breakfast area. The second floor offers four generous size bedrooms, two full washrooms and convenient laundry room. The partially finished basement features a bedroom and a full washroom with ample space to put your finishing touches to the unfinished part of the basement.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-30 | 2024-09-07 | 8 | $1,099,000 | - | Suspended |
| 2024-07-18 | 2024-08-22 | 35 | $1,178,600 | - | Suspended |
| 2024-06-19 | 2024-07-18 | 29 | $1,199,000 | - | Terminated |
| 2024-05-25 | 2024-06-17 | 23 | $1,199,000 | - | Terminated |
| 2024-04-11 | 2024-05-19 | 38 | $1,159,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
30' x 89'
Fronting
South
Taxes
$4,059 (2023)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Den | Ground | 8.99' x 6.99' | Hardwood Floor, Window, Pot Lights |
| Dining | Ground | 10.99' x 11.75' | Hardwood Floor, Pot Lights, Large Window |
| Great Rm | Ground | 16.01' x 11.65' | Hardwood Floor, Pot Lights, Gas Fireplace |
| Breakfast | Ground | 9.02' x 10.01' | Porcelain Floor, Walk-Out, Pot Lights |
| Kitchen | Ground | 9.02' x 10.01' | Backsplash, Porcelain Floor |
| Prim Bdrm | 2nd | 16.60' x 13.71' | Broadloom, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 10.01' x 10.83' | Broadloom, Closet, Window |
| 3rd Br | 2nd | 10.01' x 12.50' | Broadloom, Closet |
| 4th Br | 2nd | 10.50' x 10.20' | Broadloom, Closet |
| Laundry | 2nd | 8.99' x 6.99' |
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Milton Market Statistics
Milton Price Trend
1516 Farmstead Dr is a 4-bedroom 4-bathroom home listed for sale at $1,179,000, which is $155,323 (11.6%) lower than the average sold price of $1,334,323 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 4 bedroom home in Milton increased by $91,793 (7.4%) compared to the previous 30 day period (July 29 - August 27) and down $34,510 (2.5%) from the same time one year ago.Inventory Change
There were 95 4-bedroom homes listed in Milton over the last 30 days (August 28 - September 26), which is up 17.3% compared with the previous 30 day period (July 29 - August 27) and down 19.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Milton typically sold ($37,411) (2.8%) below asking price over the last 30 days (August 28 - September 26), which represents a $3,118 decrease compared to the previous 30 day period (July 29 - August 27) and ($27,297) 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 Milton over the last 30 days (August 28 - September 26) stood at 44.2%, down from 60.5% over the previous 30 days (July 29 - August 27) and up from 25.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Milton stood at 21 days when successfully sold over the last 30 days (August 28 - September 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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