7 Fernwood Lane S

Brechin, Ramara, L0K 1B0
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7 Fernwood Lane S, Ramara
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2 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
8
ROOMS
X3641523
MLSID
Contact Us
Property Description
Prime Promenade Waterfront Property. Custom Raised Bungalow On Huge Lot W/Access To Lake Simcoe In Exclusive Bayshorevillage Community. 2+2 Bedrms, 3+1 Baths & Newly Renovated Finished Bsmt W/Sep Entrance. 3-Car Garage. S. Exposure To Year Round Lakeviews, Sunrises & Full Moon From Most Rooms. Huge Deck, Modern Kitchen, Fresh Neutral Paint. Just Move In & Enjoy! Close To Casino Rama. Very Low Property Tax Because Owner Does Not Own Shoreline.
Extras
Fridge,Stove,D/Washer,Washer & Dryer, B/I Micro. W/Hood Fan. Enjoy Golf,Tennis, Outdoor Pool, Library, Gym, Etc. For $800/Yr. Harbour & Storage For Boats/Trailers For Min Rent. Battery Back-Up,Sump Pump, Propane Generator B/Up. New Roof.
Property Features
Clear View, Golf, Lake Access, Marina, Rec Centre, Waterfront
Property Details
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
100' x 200'
Lot Irregularities
Irregular
Fronting
South
Taxes
$3,274 (2016)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.99' x 16.80'Hardwood Floor, Fireplace, Overlook Water
DiningMain12.99' x 13.78'Hardwood Floor, W/O To Water, Open Concept
KitchenMain11.09' x 13.78'Ceramic Floor, Centre Island, Modern Kitchen
MasterMain13.78' x 18.18'4 Pc Ensuite, W/I Closet, Overlook Water
2nd BrMain11.98' x 14.17'Cathedral Ceiling, Closet, O/Looks Frontyard
LaundryMain11.09' x 7.19'W/O To Deck, Access To Garage, 2 Pc Bath
RecBsmt26.57' x 17.39'Above Grade Window, Overlook Water, Vinyl Floor
3rd BrBsmt13.78' x 15.39'Above Grade Window, Overlook Water, Closet
4th BrBsmt13.98' x 11.98'Broadloom, Closet
Ramara Market Statistics
Ramara Price Trend
7 Fernwood Lane S is a 2-bedroom 4-bathroom home listed for sale at $799,000, which is $419,000 (110.3%) higher than the average sold price of $380,000 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom home in Ramara declined by $230,333 (37.7%) compared to the previous 30 day period (January 28 - February 26) and down $204,250 (35.0%) from the same time one year ago.
Inventory Change
There were 4 2-bedroom homes listed in Ramara over the last 30 days (February 27 - March 27), which is up 33.3% compared with the previous 30 day period (January 28 - February 26) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Ramara typically sold ($39,900) (10.5%) below asking price over the last 30 days (February 27 - March 27), which represents a $9,567 decrease compared to the previous 30 day period (January 28 - February 26) and ($32,950) less 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 2-bedroom homes in Ramara over the last 30 days (February 27 - March 27) stood at 25.0%, down from 100.0% over the previous 30 days (January 28 - February 26) and down from 200.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Ramara stood at 29 days when successfully sold over the last 30 days (February 27 - March 27), compared to 114 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Affiliate Realty Inc., Brokerage
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