742 Lakeshore Rd

Norfolk, Norfolk, N0J 1T0
FOR SALE
$534,900
742 Lakeshore Rd, Norfolk
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
742 Lakeshore Rd
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X8189976
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Property Description
Welcome to country living with lake views!! This tree-lined 2 bedroom bungalow is situated on 0.8 acres, and offers loads of opportunity. The main floor features 2 bedrooms, full bath, main floor laundry and an open concept design, which allows convenience and function when entertaining with friends and family. The basement is newly drywalled and painted, making it easy to transform the space to your liking. Lots of thought went into the landscaping for this home. Emerald cedars border both sides of the property for added privacy, and various types of trees have been planted throughout (maple trees, tulip trees, granny smith apple tree, oak tree, curly willow and a weeping cedar). Notable upgrades include roof ('17), newer well pump and pressure tank, freshly painted main floor (2024), and a/c (~2010). Being zoned Agricultural, allows lots of opportunity in terms of use and enjoyment. Only 15 mins from port Burwell and 30 mins to Tillsonburg. You don't want to miss out on this one!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2006-04-28 2006-07-19 91 $96,900 - Expired
Property Features
Lake/Pond, Place Of Worship
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
112' x 333'
Acreage
.50-1.99
Fronting
North
Taxes
$3,424 (2023)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain11.81' x 20.14'
2nd BrMain10.79' x 12.30'
KitchenMain10.30' x 18.86'
LivingMain18.04' x 23.00'
Norfolk Market Statistics
Norfolk Price Trend
742 Lakeshore Rd is a 2-bedroom 1-bathroom home listed for sale at $534,900, which is $121,982 (18.6%) 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 1-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 Century 21 First Canadian Corp.
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