29 Balsam Tr

FOR SALE
$569,000
29 Balsam Tr, Norfolk
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
X8204614
MLSID
Contact Us
Property Description
Spacious Bungalow in the Popular, Active and Friendly Villages of Long Point Bay in the Lake FrontTown of Port Rowan. The move-in ready Butternut model Boasts 2+2 Bdrms, 2+1 Baths, Open-Concept Living Space w/ Wood Floors and Gas Fireplace. Bright in Sunny Great Room has Vaulted Ceiling & GasFireplace. Ample cupboards in Kitchen w Peninsula Island w eat-in seating. Primary Bdrm w/ gardenview, walk-in closet, and 3PC ensuite w/ accessible shower. Large & Bright second bedrm. Walk-infrom 1.5 car Garage to Front Foyer. Main Floor Laundry. Large Finished Open Concept Basement has PotLights, and two more large bedrooms, a 4PC bathroom, a large semi-finished clean storage area!Garage has second-level storage. Walk out from main floor to gigantic wrap-around deck, retractableawning, gorgeous yard! Village amenities include: 8 common acres with outdoor sports, walking path,water feature and vegetable gardens, and huge clubhouse w/ pool, hot tub, gym, library, billiards,party room ++
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-16 2024-03-31 229 $569,000 - Expired
2023-08-16 2024-03-31 229 $569,000 - Expired
Extras
Use of Village Grounds, Amenities, Club House, Pool, Etc.
Property Features
Grnbelt/Conserv, Library, Marina, Park, Place Of Worship, Rec Centre
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
36' x 110'
Acreage
< .50
Fronting
South
Taxes
$3,391 (2023)
Basement
Finished, Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.99' x 13.68'Eat-In Kitchen, O/Looks Backyard, Open Concept
DiningMain10.24' x 13.68'Hardwood Floor, Walk-Out, O/Looks Backyard
Great RmMain18.27' x 12.01'Hardwood Floor, Vaulted Ceiling, Fireplace
Prim BdrmMain12.93' x 14.67'W/I Closet, 3 Pc Ensuite, O/Looks Backyard
BrMain11.15' x 10.99'Large Window, Laminate, O/Looks Frontyard
BathroomMain5.15' x 8.23'4 Pc Bath, Ceramic Floor
LaundryMain4.99' x 6.99'Separate Rm, B/I Shelves
BathroomMain5.97' x 6.99'3 Pc Ensuite, Separate Shower
FamilyBsmt17.49' x 20.51'Pot Lights, Open Concept
3rd BrBsmt12.01' x 14.01'Above Grade Window, French Doors
4th BrBsmt11.84' x 8.99'Large Closet, Above Grade Window
BathroomBsmt5.97' x 6.99'4 Pc Bath
Norfolk Market Statistics
Norfolk Price Trend
29 Balsam Tr is a 2-bedroom 3-bathroom home listed for sale at $569,000, which is $87,882 (13.4%) lower than the average sold price of $656,882 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 2 bedroom home in Norfolk increased by $2,882 (0.4%) compared to the previous 30 day period (February 29 - March 29) and up $26,882 (4.3%) from the same time one year ago.
Inventory Change
There were 15 2-bedroom homes listed in Norfolk over the last 30 days (March 30 - April 28), which is up 25.0% compared with the previous 30 day period (February 29 - March 29) and up 87.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold ($17,646) (2.7%) below asking price over the last 30 days (March 30 - April 28), which represents a $5,801 decrease compared to the previous 30 day period (February 29 - March 29) and ($29,900) 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 2-bedroom homes in Norfolk over the last 30 days (March 30 - April 28) stood at 113.3%, up from 91.7% over the previous 30 days (February 29 - March 29) and up from 62.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Norfolk stood at 21 days when successfully sold over the last 30 days (March 30 - April 28), compared to 80 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Realty Systems Inc.
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