The home on 15 Gerrard Street sold for significantly less per square foot than the current asking price for 30 Gerrard Street. Even though 15 Gerrard Street is slightly smaller, the gap in the price per square foot is substantial for two homes of the same age and quality in the same subdivision. Both homes offer the same modern amenities and ‘Quick Move-In’ appeal.

This sold listing on the same street provides a very direct comparison as it is also a new construction home within Essex Village. The home at 11 Gerrard Street is larger, which naturally brings its price per square foot down slightly, but once we adjust for that size difference, the values are nearly identical. Both properties feature the same high-end touches like gas ranges and tile showers.

Comparing 30 Gerrard Street to this 2023 build shows that the home for sale is a strong contender. While the home on Carlton Lane sold for slightly less overall, its price per square foot was actually higher than what is being asked for the brand-new construction at 30 Gerrard Street. Both homes feature modern LVP flooring and quartz or granite surfaces, but 30 Gerrard Street offers the benefit of being never-lived-in with a slightly larger floor plan.