25442 Highway 62
Dungannon Ward, Bancroft, K0L 2L0
FOR SALE
$499,000
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Property Description
Nestled on over 5 acres of picturesque countryside, this 3-bedroom, 3-bathroom home offers the perfect balance of privacy and tranquility. The expansive property features a serene creek, two peaceful ponds, meandering trails, and mature gardens, providing a truly idyllic setting for nature lovers and outdoor enthusiasts. Enjoy afternoons in the charming gazebo or relax on the newly-built decks that offer stunning views of your private paradise. With everything on the exterior completed to perfection, there is no work to be done! Inside, this home offers a spacious, open-concept living area flooded with natural light. The eat-in kitchen is a true highlight, featuring beautifully crafted handmade wooden cupboards, perfect for adding warmth and character to your cooking experience. The large master bedroom provides a peaceful retreat, with ample space and potential for your personal touch. The interior offers plenty of potential, a little TLC will transform this space into your dream home! Please note the property is zoned EP, further building and severances may not be permitted. Being Sold As Is Where Is With No Warranties, Previously Tenanted.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-24 | 2024-01-29 | 66 | $539,000 | - | Terminated |
Property Features
Lake/Pond, Part Cleared, River/Stream, School Bus Route, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Rural Resid, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
594' x 391'
Acreage
5-9.99
Lot Irregularities
Irregular Shape Back Left-Hand Corner
Fronting
East
Taxes
$2,497 (2024)
Basement
Unfinished, W/O
Exterior
Board/Batten
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Parking Spaces
6
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.27' x 9.19' | |
| Living | Main | 11.15' x 22.97' | |
| Sitting | Main | 7.87' x 12.14' | |
| Kitchen | Main | 11.81' x 19.03' | |
| Kitchen | Main | 10.99' x 21.98' | |
| Laundry | Main | 4.92' x 6.56' | |
| Prim Bdrm | 2nd | 13.12' x 15.75' | |
| Br | 2nd | 7.87' x 10.99' | |
| Br | 2nd | 6.56' x 9.84' |
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Bancroft Market Statistics
Bancroft Price Trend
25442 Highway 62 is a 3-bedroom 3-bathroom home listed for sale at $499,000, which is $81,000 (14.0%) lower than the average sold price of $580,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Bancroft increased by $224,500 (63.2%) compared to the previous 30 day period (December 22 - January 20) and up $120,000 (26.1%) from the same time one year ago.Inventory Change
There were 5 3-bedroom homes listed in Bancroft over the last 30 days (January 21 - February 19), which is up 150.0% compared with the previous 30 day period (December 22 - January 20) and up 150.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Bancroft typically sold ($49,895) (8.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $33,395 decrease compared to the previous 30 day period (December 22 - January 20) and ($15,000) 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 Bancroft over the last 30 days (January 21 - February 19) stood at 40.0%, down from 100.0% over the previous 30 days (December 22 - January 20) and down from 150.0% 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 Bancroft stood at 210 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Electric Realty
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