8 Acrevale Rd

FOR SALE
$1,050,000
8 Acrevale Rd, Kawartha Lakes
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 5
ROOMS
X9244295
MLSID
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Property Description
This brand new 3+2 bedroom 3 bathroom Nelson Built Home with full Tarion warranty is set on a 1 acre country lot minutes to Peterborough, Lindsay, Bridgenorth or Ennismore. Plenty of room for parking in the triple wide driveway and the 3 car attached garage with direct entry into the home plus the driveway access to the fully finished walkout lower level will certainly be appreciated. The main floor is an entertainer's delight with an open concept living room featuring vaulted ceilings, pot lights, and access to a large deck with panoramic views of the skyline and farm fields. The well designed kitchen also features vaulted ceilings, plenty of cabinetry, pantry, granite counters, and an island perfect for accommodating bar stools. The main floor has 3 bedrooms including a primary bedroom with 3 piece ensuite bathroom and walkout to the large deck. The fully finished walkout lower level features 2 additional bedrooms with large windows, an enormous family room with gas fireplace, kitchenette, a second 4 piece bathroom, and a large utility room. Natural gas heat, tankless on demand hot water heater, and central air conditioning.
Property Features
Clear View, Place Of Worship, Rec Centre
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
53' x 300'
Acreage
.50-1.99
Fronting
East
Taxes
$551 (2024)
Basement
Fin W/O, Full
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.81' x 21.82'
KitchenMain11.98' x 21.49'
LaundryIn Betwn4.66' x 7.22'
BrMain12.66' x 15.55'
2nd BrMain11.75' x 11.91'
3rd BrMain9.65' x 11.65'
4th BrLower10.14' x 11.91'
5th BrLower11.38' x 13.81'
UtilityLower9.81' x 14.90'
FamilyLower12.83' x 36.61'
Kawartha Lakes Market Statistics
Kawartha Lakes Price Trend
8 Acrevale Rd is a 3-bedroom 3-bathroom home listed for sale at $1,050,000, which is $452,889 (75.8%) higher 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 3-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 Pd Realty Inc.
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