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4001 Locarno Lane, Saanich East, BC V8N3Z9

$***,***5Beds 4Baths 3,547Sqft Arbutus

Transaction History

Key Details

Date Listed
February 2023
Date Sold
March 2023
Days on System
29
List Price
N/A
Sale Price
N/A
Sold / List
N/A
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See what this sale means, whether it's your home or one you're comparing it against.

Property Overview

  • Detached Home Type
  • House Building Type
  • 10521 Sqft Lot Size
  • ArbutusCommunity
  • 5 Beds
  • 4 Full Baths
  • 0 Half Baths
  • 1962 Year Built
  • Property Taxes
  • 29 days Days on Market
  • 920408 MLS® #
  • $564 Price / Sqft
  • N/A Brokerage Name
  • N/A Listing Agent

Sale Analysis

Auto-generated

This 5-bedroom, 4-bathroom house in Arbutus sold for $2,000,000.

How did this sale price compare with similar homes?

This house sold for $2,000,000, which is 28% above the local comparable-sales benchmark of $1,560,000.

How close was the final sale price to the list price?

The final sale price of $2,000,000 was 8% below the asking price of $2,175,000.

What does this mean for the local market?

In Arbutus, comparable homes sold for 101.9% of list price on average.

How long did this home take to sell?

This home took 29 days to sell, which is longer than the comparable average of 27 days.

What kind of home is this?

This is a house located in Arbutus, built in 1962.

What should I know about the basement and mechanical systems?

The basement and mechanical systems include baseboard, heat pump, and hot water.

This analysis is automatically generated using available sales and market data. It may contain errors and should not be relied on as financial or legal advice.

From the analysis above

This home sold in 29 days at 92% of asking. See the same numbers for yours.

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Interior Details

Baseboard, Heat Pump, Hot Water
0

Exterior Details

See Home Description
See Home Description
See Home Description

More Information

Property

Mountain(s), Ocean

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