181 Talbot St N

Simcoe, Norfolk, N3Y 3W8
FOR SALE
$369,000
181 Talbot St N, Norfolk
181 Talbot St N
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
8
ROOMS
X9382760
MLSID
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Property Description
Property is being sold as is where is. No warranties. Property is in need of renovations.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-15 2024-07-31 107 $395,000 - Expired
Property Features
School
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
44' x 142'
Fronting
East
Taxes
$2,256 (2024)
Basement
Full, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Other
Room Summary
RoomLevelSizeFeatures
FamilyMain10.40' x 14.99'
LivingMain10.33' x 13.98'
DiningMain9.74' x 14.07'
KitchenMain9.74' x 11.98'
Prim BdrmMain10.73' x 12.07', 2 Way Fireplace
2nd BrMain8.99' x 9.06'
3rd BrMain8.99' x 13.06'
DenUpper23.00' x 26.15'
Norfolk Market Statistics
Norfolk Price Trend
181 Talbot St N is a 3-bedroom 1-bathroom home listed for sale at $369,000, which is $331,000 (47.3%) lower than the average sold price of $700,000 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 3 bedroom home in Norfolk increased by $121,875 (21.1%) compared to the previous 30 day period (August 22 - September 20) and down $75,200 (9.7%) from the same time one year ago.
Inventory Change
There were 24 3-bedroom homes listed in Norfolk over the last 30 days (September 21 - October 20), which is up 41.2% compared with the previous 30 day period (August 22 - September 20) and up 200.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold ($14,712) (2.1%) below asking price over the last 30 days (September 21 - October 20), which represents a $18,049 decrease compared to the previous 30 day period (August 22 - September 20) and ($30,776) more 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 (September 21 - October 20) stood at 33.3%, down from 47.1% over the previous 30 days (August 22 - September 20) and down from 62.5% 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 57 days when successfully sold over the last 30 days (September 21 - October 20), compared to 86 days before being removed from the market upon being suspended or terminated.
Listing contracted with Weiss Realty Ltd.
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