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Lot 50 1 Avenue South, Cranbrook, BC V1C6Y3

Transaction History

Key Details

Date Listed
February 2023
Date Sold
March 2023
Days on System
31
List Price
N/A
Sale Price
N/A
Sold / List
N/A
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Property Overview

  • Vacant Land Home Type
  • Vacant Land Building Type
  • 4.98 Acres Lot Size
  • 0 Beds
  • 0 Full Baths
  • 0 Half Baths
  • 0 Year Built
  • Property Taxes
  • 31 days Days on Market
  • 2469145 MLS® #
  • RR-2 Land Use
  • N/A Brokerage Name
  • N/A Listing Agent

Sale Analysis

Auto-generated

This vacant land in Cranbrook Periphery sold for $437,500.

How long did this property take to sell?

The home sold after 31 days on the market, shorter than the 231 days average for comparable sales.

How did this sale price compare with similar properties?

Based on 9 land-compatible comparable sales, the sold price of $437,500 is broadly in line with the $437,500 benchmark.

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

The home sold for $437,500, which is 2.6% below the asking price of $449,000.

What does this mean for the local market?

Comparable sales in Cranbrook Periphery averaged 93.0% of list price, or 7% below list.

What kind of property is this?

This is approximately 216,928 sqft of vacant land in Cranbrook Periphery.

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 31 days at 97% of asking. See the same numbers for yours.

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Interior Details

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Exterior Details

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