3227 Regional Rd 8
West Lincoln, L0R 1M0
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Property Description
Exceptional opportunity for those with a vision for transformation. Located on a picturesque 1.4-acre property. Bright 1200 sqft bungalow with an additional 1200 sqft basement waiting to be finished. This house is ready to be revitalized into a beautiful family home. The spacious kitchen features a walk-out to the yard, indoor access to the garage, a Bright Living room and 3 bedrooms on the main level. Gas furnace (2022), central air, and loads of potential. The attached garage is deep with high ceilings. Calling all first-time home buyers, savvy investors and those with a vision looking to own some land within minutes of all amenities and convenient HWY access. Located just outside Grimsby! Buyer to perform their due diligence. Property being sold in 'as-is-where-is' condition.
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Property Features
Clear View, Level
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Property Details
Street
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
100' x 409'
Acreage
.50-1.99
Lot Irregularities
1.4 Acres
Fronting
East
Taxes
$4,313 (2023)
Basement
Full
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Other
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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West Lincoln Market Statistics
West Lincoln Price Trend
3227 Regional Rd 8 is a 3-bedroom 1-bathroom home listed for sale at $629,900, which is $145,100 (18.7%) lower than the average sold price of $775,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in West Lincoln increased by $65,000 (9.2%) compared to the previous 30 day period (March 15 - April 13) and down $56,237 (6.8%) from the same time one year ago.Inventory Change
There were 7 3-bedroom homes listed in West Lincoln over the last 30 days (April 14 - May 13), which is up 40.0% compared with the previous 30 day period (March 15 - April 13) and down 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in West Lincoln typically sold $100 (0.0%) above asking price over the last 30 days (April 14 - May 13), which represents a $15,000 increase compared to the previous 30 day period (March 15 - April 13) and ($17,412) 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 West Lincoln over the last 30 days (April 14 - May 13) stood at 71.4%, down from 100.0% over the previous 30 days (March 15 - April 13) and down from 80.0% 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 West Lincoln stood at 8 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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