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 $318,111 (53.3%) lower than the average sold price of $597,111 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Kawartha Lakes declined by $33,929 (5.4%) compared to the previous 30 day period (November 19 - December 18) and down $20,222 (3.3%) from the same time one year ago.Inventory Change
There were 34 3-bedroom homes listed in Kawartha Lakes over the last 30 days (December 19 - January 17), which is down 43.3% compared with the previous 30 day period (November 19 - December 18) and down 20.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Kawartha Lakes typically sold ($16,655) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $17,588 increase compared to the previous 30 day period (November 19 - December 18) and ($23,327) 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 Kawartha Lakes over the last 30 days (December 19 - January 17) stood at 79.4%, down from 118.3% over the previous 30 days (November 19 - December 18) and up from 41.9% 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 66 days when successfully sold over the last 30 days (December 19 - January 17), compared to 92 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark York Group Realty Ltd.
Similar Listings
Flooring: Hardwood, Opportunity knocks at this 3 bedroom 1 bathroom home! Offering one and a half stories of living space on an oversized lot at the end of a dead end road with no rear neighbours. Make it your own by renovating using the existing floor plan or start fresh and build your dream house. This property is sold "as is" with no representations or warranties. Do not walk the property without an approved showing. All offers must contain a minimum of 24 hours irrevocable., Flooring: Mixed
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