503862 Grey Road 12 Rd

FOR SALE
$2,850,000
503862 Grey Road 12 Rd, West Grey
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
503862 Grey Road 12 Rd
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
13
ROOMS
X8121152
MLSID
Contact Us
Property Description
***Huge 50 Acre Property Offering Complete Privacy With Black's Creek Running Most Of The Length*** Paved Road Close To Highways 6&10***Some Woods& Some Open Space*** Trails Leading To River*** Upgraded In The Last 4 Years And Offers Spacious Open Concept Living***Three Bedrooms With Master En Suite, New Kitchen And Bathrooms***Fully Finished Basement*** Covered & Open Decks. Out Building 40'X60' With 14' Doors. In Floor Heating In Shop & Bathrooms. Automatic Standby Generator***
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-12 2023-10-31 111 $2,495,999 - Expired
2020-07-31 2020-11-12 106 $1,399,000 $1,399,000 Sold
2020-07-31 2020-11-12 106 $1,399,000 $1,399,000 Sold
2019-10-11 2019-12-15 67 $1,349,000 - Expired
Extras
* Legal Description: Part Lot 9, Con. 10 Ndr, Glenelg, West Grey As In R511153, S/T Gl12911
Property Features
River/Stream, Waterfront
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
649' x 3,300'
Acreage
25-49.99
Fronting
South
Taxes
$7,666 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
Attached
West Grey Market Statistics
West Grey Price Trend
503862 Grey Road 12 Rd is a 4-bedroom 3-bathroom home listed for sale at $2,850,000, which is $1,925,000 (208.1%) higher than the average sold price of $925,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in West Grey increased by $405,000 (77.9%) compared to the previous 30 day period (February 27 - March 27) and down $225,000 (19.6%) from the same time one year ago.
Inventory Change
There were 2 4-bedroom homes listed in West Grey over the last 30 days (March 28 - April 26), which is up 100.0% compared with the previous 30 day period (February 27 - March 27) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in West Grey typically sold $0 (0.0%) below asking price over the last 30 days (March 28 - April 26), which represents a $30,000 increase compared to the previous 30 day period (February 27 - March 27) and ($49,000) 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 West Grey over the last 30 days (March 28 - April 26) stood at 50.0%, down from 100.0% over the previous 30 days (February 27 - March 27) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in West Grey stood at 77 days when successfully sold over the last 30 days (March 28 - April 26), compared to 198 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Superstars Real Estate Limited
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