4 Spence Ave

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4 Spence Ave, Springwater
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
S3807721
MLSID
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Property Description
Located In Older Mature Area Of Midhurst. Walking Distance To Ball Park, Tennis Court And Stores. Mostly All Brick Raised Bungalow, Eat-In Kitchen, Hardwood Floors, Semi-Ensuite Off Master Bedroom, 3 Bedrooms Up, 4 Pc Bath In Bedroom In Lower Level. Rec Room With Wood Burning Fireplace. Double Car Attached Garage. Unistone Patio Off Foyer. In Area Of Fine Homes.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2017-10-13 2017-05-31 0 $475,000 $475,000 Sold
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, Water Softner, Central Vac And Accessories And Garage Door Opener.
Property Features
Park, Rec Centre, School Bus Route, Skiing, Wooded/Treed
Property Details
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
92' x 167'
Acreage
< .50
Fronting
West
Taxes
$2,800 (2016)
Basement
Full, Part Fin
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain10.73' x 15.98'Eat-In Kitchen
DiningMain9.02' x 11.29'
LivingMain12.17' x 17.42'Hardwood Floor
2nd BrMain8.89' x 11.38'
3rd BrMain8.89' x 11.81'
MasterMain10.89' x 12.43'4 Pc Ensuite
FoyerGround8.33' x 10.50'
RecBsmt11.25' x 16.83'Brick Fireplace, Wood Stove
FamilyBsmt10.86' x 22.83'
4th BrBsmt10.76' x 15.22'4 Pc Ensuite
FurnaceBsmt10.83' x 21.75'Unfinished
Springwater Market Statistics
Springwater Price Trend
4 Spence Ave is a 4-bedroom 2-bathroom home listed for sale at $475,000, which is $685,000 (59.1%) lower than the average sold price of $1,160,000 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 4 bedroom home in Springwater increased by $12,500 (1.1%) compared to the previous 30 day period (February 9 - March 9) and down $133,750 (10.3%) from the same time one year ago.
Inventory Change
There were 24 4-bedroom homes listed in Springwater over the last 30 days (March 10 - April 8), which is up 33.3% compared with the previous 30 day period (February 9 - March 9) and up 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Springwater typically sold ($69,166) (6.0%) below asking price over the last 30 days (March 10 - April 8), which represents a $22,942 decrease compared to the previous 30 day period (February 9 - March 9) and ($102,697) 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 Springwater over the last 30 days (March 10 - April 8) stood at 25.0%, up from 22.2% over the previous 30 days (February 9 - March 9) and up from 18.2% 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 Springwater stood at 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Georgian Bay Realty Limited, Brokerage
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