498 Farms Rd

FOR SALE
$489,900
498 Farms Rd, Kawartha Lakes
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
498 Farms Rd
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 5
ROOMS
X9392608
MLSID
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Property Description
Exceptional property and an exceptional fairy tale concept. This 3 bedroom log home was on the original farmstead, and relocated to this one acre lot log by log with tender loving care around 1990. Hand chinked. Care has been given to the landscaping in the front yard focused around the large circular driveway. It is well treed, almost impossible to see from the road. Very private. Abundance of sheds for storage. The main workshop has hydro panel (not serviced though). There are wood floors. The whole property inside and out has a cozy/ rustic in appearance/ feel. Drilled well, septic system. Mostly used seasonally with heat coming from the wood stove, but baseboards also exist to bring comfort all year round.. In addition it has a propane fireplace. Addition at the back- perfect for artist studio or for the music lovers out there. Perfect for a place to get away from the hustle and bustle... or settle in and raise a family. On a school bus route.
Extras
Shingles - 3 years, Hot Water Tank owned(2020), Surrounded by farm fields (corn) .
Property Features
School Bus Route, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
210' x 210'
Acreage
.50-1.99
Fronting
East
Taxes
$1,729 (2023)
Basement
Part Bsmt
Exterior
Log, Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
5
Driveway
Circular
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain2.82' x 6.76'
DiningMain11.09' x 11.09'
KitchenMain9.51' x 11.09'
LivingMain20.57' x 17.42'
FamilyMain11.32' x 18.34'
SunroomMain9.91' x 18.34'
Br2nd9.68' x 10.40'
Prim Bdrm2nd10.33' x 15.32'
3rd Br2nd16.83' x 7.91'
Bathroom2nd10.01' x 10.66'4 Pc Bath
Other2nd13.42' x 18.34'
OtherBsmt11.42' x 11.52'
Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
498 Farms Rd is a 3-bedroom 1-bathroom home listed for sale at $489,900, which is $236,661 (32.6%) lower than the average sold price of $726,561 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Kawartha Lakes increased by $70,112 (10.7%) compared to the previous 30 day period (September 1 - September 30) and up $503,749 (226.1%) from the same time one year ago.
Inventory Change
There were 134 3-bedroom homes listed in Kawartha Lakes over the last 30 days (October 1 - October 30), which is up 8.1% compared with the previous 30 day period (September 1 - September 30) and up 35.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Kawartha Lakes typically sold ($26,408) (3.6%) below asking price over the last 30 days (October 1 - October 30), which represents a $5,773 decrease compared to the previous 30 day period (September 1 - September 30) and ($7,256) 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 Kawartha Lakes over the last 30 days (October 1 - October 30) stood at 52.2%, up from 49.2% over the previous 30 days (September 1 - September 30) and down from 5,910.1% 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 Kawartha Lakes stood at 41 days when successfully sold over the last 30 days (October 1 - October 30), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royale Town And Country Realty Inc.
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