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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 mainfloor features 2 bedrooms, full bath, main floor laundry and an open concept design, which allows convenience and function when entertaining withfriends and family. The basement is newly drywalled and painted, making it easy to transform the space to your liking. Lots of thought went into thelandscaping for this home. Emerald cedars border both sides of the property for added privacy, and various types of trees have been plantedthroughout (maple trees, tulip trees, granny smith apple tree, oak tree, curly willow and a weeping cedar). Notable upgrades include roof ('17), newerwell pump and pressure tank, freshly painted main floor (2024), and a/c (~2010). Being zoned Agricultural, allows lots of opportunity in terms of useand enjoyment. Only 15 mins from Port Burwell and 30 mins to Tillsonburg. You dont want to miss out on this one!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-02 | 2024-06-07 | 36 | $515,000 | - | Terminated |
| 2024-04-02 | 2024-05-02 | 30 | $534,900 | - | Terminated |
Property Features
Lake/Pond, Place Of Worship
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 11.81' x 20.14' | |
| 2nd Br | Main | 10.79' x 12.30' | |
| Kitchen | Main | 10.30' x 18.86' | |
| Living | Main | 18.04' x 23.00' |
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Norfolk Market Statistics
Norfolk Price Trend
742 Lakeshore Rd is a 2-bedroom 1-bathroom home listed for sale at $499,900, which is $107,077 (17.6%) lower than the average sold price of $606,977 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Norfolk declined by $297,983 (32.9%) compared to the previous 30 day period (July 22 - August 20) and up $6,977 (1.2%) from the same time one year ago.Inventory Change
There were 9 2-bedroom homes listed in Norfolk over the last 30 days (August 21 - September 19), which is up 50.0% compared with the previous 30 day period (July 22 - August 20) and down 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold $2,277 (0.4%) above asking price over the last 30 days (August 21 - September 19), which represents a $47,237 increase compared to the previous 30 day period (July 22 - August 20) and ($20,371) 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 (August 21 - September 19) stood at 100.0%, down from 166.7% over the previous 30 days (July 22 - August 20) and up from 63.6% 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 55 days when successfully sold over the last 30 days (August 21 - September 19), compared to 107 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 First Canadian Corp.
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