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Lot 1 1 Avenue South, Cranbrook, BC V1C6Y3

Transaction History

Key Details

Date Listed
June 2021
Date Sold
August 2021
Days on System
61
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
  • 61 days Days on Market
  • 2459311 MLS® #
  • RR2 Land Use
  • N/A Brokerage Name
  • N/A Listing Agent

Sale Analysis

Auto-generated

This vacant land in Cranbrook South sold for $365,000.

How long did this property take to sell?

The home sold after 61 days on the market, shorter than the 224 days average for comparable sales.

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

The home sold for $365,000, which is 14% below the asking price of $425,000.

How did this sale price compare with similar properties?

Based on 9 land-compatible comparable sales, the sold price of $365,000 is broadly in line with the $365,000 benchmark.

What does this mean for the local market?

Comparable sales in Cranbrook South averaged 95.6% of list price, or 4.4% below list.

What kind of property is this?

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

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 61 days at 86% of asking. See the same numbers for yours.

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Interior Details

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Exterior Details

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