285794 Airport Rd
Norwich Town, Norwich, N0J 1P0
FOR SALE
$2,395,000
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3 + 2
BEDROOMS3
BATHROOMS1
KITCHENS7
ROOMSX8467128
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Property Description
Welcome Home to this Beautiful, sprawling executive Bungalow with over 4000 Sq ft of finished living space. The home is situated on an Agriculturally zoned lot making it the perfect location for your home based Agri business. If you are looking for new home for your business or are looking to start one this may be the perfect opportunity for you. The property is just under 4 acres with trees diving the house and the 6000 sq ft shop that has its own driveway and gated entrance. . With 3 bedrooms and two bathrooms on the main floor with an open concept living, overlooking open fields, this has the best of both worlds. The basement is finished with two additional bedrooms, a workout room, a bathroom, and a large rec room. The garage walls are finished in Trusscore panels. The large shop can provide income by renting the units that you are not using yourself. Great opportunity for the right buyer.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2011-03-07 | 2011-06-30 | 118 | $549,500 | - | Expired |
| 2022-09-23 | 2023-06-01 | 251 | $2,999,999 | - | Terminated |
| 2022-09-23 | 2023-06-01 | 251 | $2,999,999 | - | Terminated |
| 2022-09-23 | 2023-06-01 | 251 | $2,999,999 | - | Terminated |
Property Features
Level, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2000-2500
Lot Size
315' x 500'
Acreage
2-4.99
Fronting
South
Taxes
$9,953 (2023)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
10
Driveway
Front Yard
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Office | Main | 11.75' x 29.00' | |
| Kitchen | Main | 12.60' x 16.01' | |
| Other | Main | 12.60' x 8.99' | French Doors |
| Living | Main | 16.67' x 19.49' | Sliding Doors |
| Prim Bdrm | Main | 14.07' x 14.34' | Sliding Doors, W/I Closet, W/O To Deck |
| Bathroom | Main | 10.50' x 13.48' | , Double Sink, 5 Pc Ensuite |
| Br | Main | 11.52' x 12.76' | W/W Closet |
| Br | Main | 10.76' x 14.50' | W/W Closet |
| Rec | Bsmt | 27.00' x 29.99' | W/I Closet |
| Br | Bsmt | 12.99' x 24.02' | W/I Closet |
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Norwich Market Statistics
Norwich Price Trend
285794 Airport Rd is a 3-bedroom 3-bathroom home listed for sale at $2,395,000, which is $1,322,500 (123.3%) higher than the average sold price of $1,072,500 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Norwich increased by $532,500 (98.6%) compared to the previous 30 day period (July 21 - August 19) and up $604,500 (129.2%) from the same time one year ago.Inventory Change
There were 6 3-bedroom homes listed in Norwich over the last 30 days (August 20 - September 18), which is up 200.0% compared with the previous 30 day period (July 21 - August 19) and up 200.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Norwich typically sold $25,050 (2.3%) above asking price over the last 30 days (August 20 - September 18), which represents a $42,500 increase compared to the previous 30 day period (July 21 - August 19) and ($7,000) 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 3-bedroom homes in Norwich over the last 30 days (August 20 - September 18) stood at 33.3%, down from 100.0% over the previous 30 days (July 21 - August 19) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Norwich stood at 8 days when successfully sold over the last 30 days (August 20 - September 18), compared to 91 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Complete Realty
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