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Property Description
Just under an acre parcel of land for sale with CR (rural commercial) zoning in Norfolk County, centrally located between Simcoe and Port Dover. Currently with a 3 bedroom, all brick bungalow house, and a garage on site (little or no value). This mature tree-lined lot could be shined up for many permitted uses. Natural Gas available at the road. Life is better in "Ontario's Garden County"
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-21 | 2023-12-31 | 194 | $624,900 | - | Expired |
Property Features
School Bus Route
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Property Details
Street
Community
City
Property Type
Rural Resid, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
453' x 90'
Acreage
.50-1.99
Fronting
North
Taxes
$2,457 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 21.00' | |
| Dining | Main | 13.48' x 12.01' | |
| Br | Main | 12.99' x 8.01' | |
| Br | Main | 9.74' x 11.75' | |
| Br | Main | 11.68' x 13.25' |
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Norfolk Market Statistics
Norfolk Price Trend
957 Lynn Valley Rd is a 3-bedroom 1-bathroom home listed for sale at $624,900, which is $165,085 (20.9%) lower than the average sold price of $789,985 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 3 bedroom home in Norfolk increased by $39,991 (5.3%) compared to the previous 30 day period (March 9 - April 7) and up $68,258 (9.5%) from the same time one year ago.Inventory Change
There were 16 3-bedroom homes listed in Norfolk over the last 30 days (April 8 - May 7), which is down 5.9% compared with the previous 30 day period (March 9 - April 7) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Norfolk typically sold ($16,563) (2.1%) below asking price over the last 30 days (April 8 - May 7), which represents a $397 decrease compared to the previous 30 day period (March 9 - April 7) and ($22,881) 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 3-bedroom homes in Norfolk over the last 30 days (April 8 - May 7) stood at 125.0%, up from 105.9% over the previous 30 days (March 9 - April 7) and up from 68.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Norfolk stood at 66 days when successfully sold over the last 30 days (April 8 - May 7), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
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