2397 Patterson Rd

FOR SALE
$1,089,900
2397 Patterson Rd, West Lincoln
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
2397 Patterson Rd
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 6
ROOMS
X12000161
MLSID
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Property Description
Country is calling on this 3.15 Acre Lot! Opportunity awaits for a two family home with full basement in-law suite and basement walkout that overlooks the yard and and large pond! The kids can fish in the pond all summer and then skate on the pond in the winter! Great sized home with 3+2 bedrooms and 2 full bathrooms. Room to spread out with eat in kitchen, formal dining and living room with large main floor family room with two fireplaces. Lower level offers private entrance additional kitchen 2 good sized bedrooms, and large living area. Ready and waiting 20' x 30' Barn/Shop with overhang offers numerous opportunities! Come enjoy the country life where you can have a small Hobby Farm where there is currently a fenced in area for a few animals. Updates Hot Water Heater owned. Smithville is easy access to the Hamilton and the Red Hill Expressway or short drive to the QEW.
Property Features
Lake/Pond, Library, Place Of Worship, Rec Centre, School
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
558' x 281'
Acreage
2-4.99
Fronting
East
Taxes
$6,933 (2024)
Basement
Finished, Full
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Other
Pool
Abv Grnd
Parking Spaces
7
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.50' x 13.25'Fireplace
DiningMain9.84' x 13.85'
KitchenMain14.34' x 13.25'
FamilyMain20.93' x 20.73'Fireplace
Prim BdrmMain11.91' x 13.25'
2nd BrMain10.17' x 10.99'
3rd BrMain8.99' x 9.74'
RecBsmt30.41' x 20.34'Fireplace
KitchenBsmt14.50' x 13.25'
4th BrBsmt13.58' x 11.32'
5th BrBsmt16.99' x 9.68'
LaundryBsmt13.68' x 9.25'
West Lincoln Market Statistics
West Lincoln Price Trend
2397 Patterson Rd is a 3-bedroom 2-bathroom home listed for sale at $1,089,900, which is $396,600 (57.2%) higher than the average sold price of $693,300 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in West Lincoln increased by $18,300 (2.7%) compared to the previous 30 day period (December 22 - January 20) and down $160,866 (18.8%) from the same time one year ago.
Inventory Change
There were 7 3-bedroom homes listed in West Lincoln over the last 30 days (January 21 - February 19), which is up 133.3% compared with the previous 30 day period (December 22 - January 20) and down 12.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in West Lincoln typically sold ($56,420) (8.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $193,470 decrease compared to the previous 30 day period (December 22 - January 20) and ($29,583) 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 West Lincoln over the last 30 days (January 21 - February 19) stood at 71.4%, up from 66.7% over the previous 30 days (December 22 - January 20) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in West Lincoln stood at 78 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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