507 River Rd E

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507 River Rd E, Wasaga Beach
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
S4189299
MLSID
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Property Description
Large Lot, With A Lovely Two Story Home,And Beautifully Landscaped Yard Right Across From A Beach Access Area, And Great Fishing In Nottawasaga River. 3 Bedrooms, 2 Bathrooms Home Features A Reverse Plan Layout With A Wraparound Deck, From Both The Kitchen And Living Room Areas. Eat In Kitchen Includes A Raised Breakfast Bar, Under Cabinet Lighting,Pot Lights, Gas Stove, Gas Dryer, On-Demand Hot Water,Water Softener, Hrv, Central Air, Hot Water
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
99' x 121'
Acreage
.50-1.99
Fronting
East
Taxes
$2,436 (2017)
Basement
None
Exterior
Wood
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
2nd BrLower10.99' x 12.99'
3rd BrLower10.01' x 12.99'
MasterUpper10.43' x 12.01'
KitchenUpper14.99' x 14.99'
LivingUpper12.34' x 21.00'
Wasaga Beach Market Statistics
Wasaga Beach Price Trend
507 River Rd E is a 3-bedroom 2-bathroom home listed for sale at $459,000, which is $382,250 (45.4%) lower than the average sold price of $841,250 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Wasaga Beach increased by $3,750 (0.4%) compared to the previous 30 day period (February 25 - March 25) and up $105,251 (14.3%) from the same time one year ago.
Inventory Change
There were 36 3-bedroom homes listed in Wasaga Beach over the last 30 days (March 26 - April 24), which is up 38.5% compared with the previous 30 day period (February 25 - March 25) and up 38.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Wasaga Beach typically sold ($8,950) (1.1%) below asking price over the last 30 days (March 26 - April 24), which represents a $12,050 increase compared to the previous 30 day period (February 25 - March 25) and ($27,445) 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 Wasaga Beach over the last 30 days (March 26 - April 24) stood at 38.9%, up from 34.6% over the previous 30 days (February 25 - March 25) and up from 23.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Wasaga Beach stood at 26 days when successfully sold over the last 30 days (March 26 - April 24), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Comfree Commonsense Network, Brokerage
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