1991 County Rd 48 Rd

FOR SALE
$499,900
1991 County Rd 48 Rd, Kawartha Lakes
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
1991 County Rd 48 Rd
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X9009124
MLSID
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Property Description
16.41 Acres of treed paradise located on Hwy 48 East zoned Commercial. Sold as is seller makes no warranties. Many possibilities here, build your dream home, run many permittable businesses. Good Hwy exposure. Trails through property. Lots of value here with commercial zoning.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-09 2024-06-30 142 $599,900 - Expired
2023-10-26 2024-01-30 96 $699,900 - Expired
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
700-1100
Fronting
North
Taxes
$1,862 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Water
Well
Parking Spaces
10
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingUpper13.94' x 21.16'
DiningUpper10.76' x 8.69'
KitchenUpper10.76' x 10.24'
Prim BdrmUpper9.84' x 9.84'
2nd BrUpper9.84' x 8.53'
Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
1991 County Rd 48 Rd is a 2-bedroom 2-bathroom home listed for sale at $499,900, which is $193,577 (27.9%) lower than the average sold price of $693,477 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom home in Kawartha Lakes increased by $47,727 (7.4%) compared to the previous 30 day period (July 21 - August 19) and up $394,620 (132.0%) from the same time one year ago.
Inventory Change
There were 62 2-bedroom homes listed in Kawartha Lakes over the last 30 days (August 20 - September 18), which is up 17.0% compared with the previous 30 day period (July 21 - August 19) and up 77.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Kawartha Lakes typically sold ($17,655) (2.5%) below asking price over the last 30 days (August 20 - September 18), which represents a $11,413 increase compared to the previous 30 day period (July 21 - August 19) and ($7,058) 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 2-bedroom homes in Kawartha Lakes over the last 30 days (August 20 - September 18) stood at 43.5%, down from 49.1% over the previous 30 days (July 21 - August 19) and down from 1,060.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Kawartha Lakes stood at 35 days when successfully sold over the last 30 days (August 20 - September 18), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Heritage Realty Inc.
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