277 Old Highway 24

Townsend, Norfolk, N0E 1Y0
FOR SALE
$1,588,888
277 Old Highway 24, Norfolk
277 Old Highway 24
277 Old Highway 24
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
7
ROOMS
X9390220
MLSID
Contact Us
Property Description
Nestled on 1.1 acres of picturesque Norfolk County, this exquisite bungalow is currently under construction, offering a generous 2,350 Sq.Ft. of elegant living space with soaring 10-foot ceilings. Just 20-minutes drive to the stunning shores of Lake Erie, this home seamlessly blends modern luxury with the charm of its surroundings. The interior showcases European oak hardwood and porcelain flooring, complemented by stunning granite countertops. Experience the artistry of old-world European craftsmanship throughout, enhanced by elegant finishes that define sophistication. Don't miss the opportunity to own a piece of paradise in this idyllic setting. **EXTRAS** The kitchen features an oversized island, marble counters & backsplash, and top-of-the-line appliances, including a stunning Electrolux icon fridge/freezer and matching 48 range.
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
149' x 331'
Acreage
.50-1.99
Fronting
West
Taxes
$1,000 (2024)
Basement
Unfinished
Exterior
Shingle, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain13.68' x 18.04'Open Concept, Breakfast Area
Great RmMain22.67' x 24.61'Vaulted Ceiling, Fireplace
Prim BdrmMain17.06' x 16.08'Hardwood Floor, 5 Pc Ensuite, W/I Closet
2nd BrMain10.33' x 11.32'Semi Ensuite, Closet
3rd BrMain10.17' x 10.99'Semi Ensuite, Closet
4th BrMain10.17' x 10.99'3 Pc Ensuite, Closet
Norfolk Market Statistics
Norfolk Price Trend
277 Old Highway 24 is a 4-bedroom 4-bathroom home listed for sale at $1,588,888, which is $930,828 (141.5%) higher than the average sold price of $658,060 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Norfolk declined by $201,226 (23.4%) compared to the previous 30 day period (December 22 - January 20) and up $199,589 (43.5%) from the same time one year ago.
Inventory Change
There were 3 4-bedroom homes listed in Norfolk over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Norfolk typically sold ($2,900) (0.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $46,113 increase compared to the previous 30 day period (December 22 - January 20) and ($9,151) 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 4-bedroom homes in Norfolk over the last 30 days (January 21 - February 19) stood at 166.7%, up from 100.0% over the previous 30 days (December 22 - January 20) and down from 1,166.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Norfolk stood at 79 days when successfully sold over the last 30 days (January 21 - February 19), compared to 129 days before being removed from the market upon being suspended or terminated.
Listing contracted with Intercity Realty Inc.
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