13 Broad Lane

FOR SALE
$459,900
13 Broad Lane, Norfolk
13 Broad Lane
13 Broad Lane
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13 Broad Lane
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
X10408923
MLSID
Contact Us
Property Description
Looking for a peaceful retreat in a small-town setting? This lovely 3-bedroom bungalow, situated in the serene community of Teeterville, ideal for those looking for a tranquil lifestyle, offers a perfect blend of comfort and convenience. With a spacious corner lot just under a quarter of an acre, this home is ready for you to move in and make it your own. Key Features: 3 Bedrooms Cozy and inviting rooms, perfect for family living or as a weekend getaway. Detached Garage. Plenty of space for your vehicle or extra storage. This bungalow provides the perfect opportunity to enjoy a quieter pace of life while still being close to local amenities. Whether you're looking for your first home, a peaceful retirement property, or an investment opportunity, this home has it all.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-20 2020-10-17 89 $299,900 $260,000 Sold
Property Details
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Acreage
< .50
Fronting
West
Taxes
$2,158 (2024)
Basement
Half, Unfinished
Exterior
Stucco/Plaster, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.45' x 17.72'Eat-In Kitchen
BrMain10.50' x 10.83'
2nd BrMain8.20' x 9.19'
3rd BrMain7.87' x 7.87'
OtherMain7.22' x 7.22'
SittingMain8.20' x 13.45'
OtherMain5.91' x 9.19'
FoyerMain3.61' x 5.91'
Norfolk Market Statistics
Norfolk Price Trend
13 Broad Lane is a 3-bedroom 1-bathroom home listed for sale at $459,900, which is $173,075 (27.3%) lower than the average sold price of $632,975 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Norfolk declined by $67,025 (9.6%) compared to the previous 30 day period (September 21 - October 20) and down $271,858 (30.0%) from the same time one year ago.
Inventory Change
There were 16 3-bedroom homes listed in Norfolk over the last 30 days (October 21 - November 19), which is down 33.3% compared with the previous 30 day period (September 21 - October 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold ($22,964) (3.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $8,252 decrease compared to the previous 30 day period (September 21 - October 20) and ($11,166) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Norfolk over the last 30 days (October 21 - November 19) stood at 75.0%, up from 33.3% over the previous 30 days (September 21 - October 20) and up from 18.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Norfolk stood at 65 days when successfully sold over the last 30 days (October 21 - November 19), compared to 99 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage State Realty
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