592 Balsam Lake Dr
Rural Bexley, Kawartha Lakes, K0M 2B0
FOR SALE
$279,000
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Property Description
Currently Uninhabitable Discover The Perfect Canvas For Your Dream Home On This Expansive 125x250 Foot Lot, Just A Stone's Throw Away From The Serene Shores Of Balsam Lake. Nestled In A Tranquil And Sought-After Area, This Property Offers Endless Possibilities For Renovation Or New Construction, With The Interior Already Down To The Studs, Providing Ample Opportunity For Customization.With Ample Space And A Prime Location, Its An Ideal Investment Opportunity For Those Looking To Create A Custom Residence Or Capitalize On A Valuable Asset. Imagine Designing Your Ideal Retreat In This Picturesque Setting, Where You Can Enjoy Easy Access To The Lakes Recreational Activities And Breathtaking Natural Beauty. Whether You Envision A Cozy Lakeside Cottage Or A Grand Family Home, This Lot Provides The Foundation To Bring Your Vision To Life.Dont Miss Out On This Chance To Secure A Prime Piece Of Real Estate In A Highly Desirable Location. Act Now To Start Planning Your Future At Balsam Lake!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-23 | 2024-10-30 | 99 | $309,900 | - | Terminated |
| 2008-04-11 | 2008-04-25 | 26 | $90,000 | $81,500 | Sold |
Extras
As Is Where Is Currently Uninhabitable Without Completion. Hydro Is Currently Disconnected.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
125' x 250'
Lot Irregularities
125' X 250' (.72 ACRE)
Fronting
East
Taxes
$1,554 (2023)
Basement
Unfinished
Exterior
Wood
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
592 Balsam Lake Dr is a 3-bedroom 1-bathroom home listed for sale at $279,000, which is $358,685 (56.2%) lower than the average sold price of $637,685 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 3 bedroom home in Kawartha Lakes declined by $37,527 (5.6%) compared to the previous 30 day period (October 22 - November 20) and down $52,393 (7.6%) from the same time one year ago.Inventory Change
There were 59 3-bedroom homes listed in Kawartha Lakes over the last 30 days (November 21 - December 20), which is down 40.4% compared with the previous 30 day period (October 22 - November 20) and down 10.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kawartha Lakes typically sold ($34,306) (5.4%) below asking price over the last 30 days (November 21 - December 20), which represents a $11,371 decrease compared to the previous 30 day period (October 22 - November 20) and ($23,254) 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 (November 21 - December 20) stood at 110.2%, up from 66.7% over the previous 30 days (October 22 - November 20) and down from 131.8% 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 51 days when successfully sold over the last 30 days (November 21 - December 20), compared to 84 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark York Group Realty Ltd.
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