2222 Lancaster Cres

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2222 Lancaster Cres, Burlington
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
W3935777
MLSID
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Property Description
Spectacular Home In Ireland Estates! This Lovely 5 Level Back Split Is Located On A Quiet, Family Friendly Crescent And Has 4 Spacious Bedrooms And 2 Baths. Separate Dining Room, Family Room With Cathedral Ceilings And Walk Out To Peaceful And Private Yard. Recreation Room In Basement Is Ideal For Kids Play Area And/Or Fitness Room. New Fence, New Roof (2013), New Furnace, New Driveway. Great Location, Close To Schools, Parks And More!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-03-04 2020-03-21 16 $889,000 $890,000 Sold
Property Features
Fenced Yard, Level, Public Transit, School, Treed
Property Details
Community
Property Type
Detached, Backsplit 5
Approximate Sq.Ft.
1500-2000
Lot Size
59' x 94'
Acreage
< .50
Fronting
West
Taxes
$3,610 (2017)
Basement
Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Living2nd11.98' x 17.59'
Kitchen2nd9.97' x 11.98'
Office2nd8.99' x 18.80'
FamilyGround14.47' x 17.68'Fireplace, Cathedral Ceiling
Br3rd11.48' x 13.39'
MasterUpper11.88' x 17.59'
2nd BrUpper13.39' x 15.98'
3rd BrUpper9.68' x 13.39'
RecLower11.09' x 19.98'
Burlington Market Statistics
Burlington Price Trend
2222 Lancaster Cres is a 4-bedroom 2-bathroom home listed for sale at $679,900, which is $901,066 (57.0%) lower than the average sold price of $1,580,966 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Burlington declined by $155,912 (9.0%) compared to the previous 30 day period (January 28 - February 26) and up $23,844 (1.5%) from the same time one year ago.
Inventory Change
There were 71 4-bedroom homes listed in Burlington over the last 30 days (February 27 - March 27), which is up 47.9% compared with the previous 30 day period (January 28 - February 26) and up 61.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Burlington typically sold ($4,272) (0.3%) below asking price over the last 30 days (February 27 - March 27), which represents a $71,646 increase compared to the previous 30 day period (January 28 - February 26) and ($35,791) 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 4-bedroom homes in Burlington over the last 30 days (February 27 - March 27) stood at 83.1%, up from 68.8% over the previous 30 days (January 28 - February 26) and down from 102.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Burlington stood at 16 days when successfully sold over the last 30 days (February 27 - March 27), compared to 62 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Edge Realty, Brokerage, Brokerage
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