The Ravines of Maplewood, Vaughan Real Estate Homes and Houses

March 29, 2015

  Real Estate HomesThe Ravines of Maplewood are a relatively new neighborhood- its history only dates back to 1998. It offers a cute and quiet area. The lots are huge, at around 80 X 150 feet. Some lots are even much bigger, at around 260 feet deep.

Houses in the area are standalone. You can find bungalow, bungalow-rise, and two-story standalone houses. Most of the bungalows houses – are three-bedroom bungalows. Most of bungalow –rise and two-story houses have four or five bedrooms. Bedroom’s sizes are considered large. Homes start at 2,500 sq. ft. and go up to 4,800 sq. ft. Most of the homes here were bought for $136,000 in 1998. Yet as of 2012, the average price is around $1,000,000.

The area is considered ‘luxury’ while still remaining affordable when comparing the location to comparable homes and lots at other locations. However, the average cost for a home has increased significantly between 2011 and 2012. Some of the increases have been upwards of 50 percent.

Price range for houses in The Ravines of Maplewood as per December 2012:

• Standalone bungalow: from $840,000 up to $1,200,000
• Standalone bungalow loft: from $950,000
• Standalone two-story: from $1,300,000 up to $1,600,000

For listings in The Ravines of Maplewood Vaughan, click here

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