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BEDROOMS3
BATHROOMS1
KITCHENS8 + 2
ROOMSX11981687
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Property Description
Nestled on over 1.6 private acres, this spacious 3+1 bed, 2.5 bath home offers privacy, convenience, and potential, set back from the road with wooded ravine views. With 3000+ sqft of finished space, this home is ready for your vision! Large windows fill the home with natural light, while the kitchen awaits your personal touch. The dining room flows into a sunken living room, perfect for gatherings. Enjoy the view with your morning coffee in the enclosed porch. Three renovated bedrooms and a 4th ideal for a gym or office. The primary features an ensuite, double closets, and updated flooring. A walkout basement with a private entrance offers teen retreat or in-law suite potential. The double garage with inside entry provides ample storage. Minutes from amenities, dining, and shopping this is a unique opportunity to create your dream home!
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Property Features
Golf, Grnbelt/Conserv, Place Of Worship, Ravine, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Sidesplit 3
Approximate Sq.Ft.
3000-3500
Lot Irregularities
see supplement
Fronting
South
Taxes
$6,277 (2024)
Basement
Finished, W/O
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.74' x 13.85' | |
Breakfast | Main | 7.51' x 12.60' | |
Dining | Main | 11.75' x 18.93' | |
Family | Main | 15.49' x 23.00' | |
Prim Bdrm | Upper | 11.58' x 16.57' | |
Bathroom | Upper | 8.07' x 8.76' | |
Bathroom | Upper | 8.07' x 8.83' | |
2nd Br | Upper | 11.09' x 12.66' | |
3rd Br | Upper | 11.42' x 12.66' | |
Rec | Bsmt | 15.32' x 25.59' | |
4th Br | Bsmt | 8.92' x 11.15' | |
Powder Rm | Bsmt | 6.43' x 8.92' |
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Norfolk Market Statistics
Norfolk Price Trend
55 Gibson Dr is a 3-bedroom 3-bathroom home listed for sale at $879,999, which is $217,299 (32.8%) higher than the average sold price of $662,700 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Norfolk declined by $83,133 (11.1%) compared to the previous 30 day period (December 22 - January 20) and up $237,482 (55.8%) from the same time one year ago.Inventory Change
There were 20 3-bedroom homes listed in Norfolk over the last 30 days (January 21 - February 19), which is up 233.3% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold ($18,100) (2.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,687 increase compared to the previous 30 day period (December 22 - January 20) and ($9,444) 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 (January 21 - February 19) stood at 50.0%, down from 100.0% over the previous 30 days (December 22 - January 20) and down from 940.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Norfolk stood at 84 days when successfully sold over the last 30 days (January 21 - February 19), compared to 97 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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